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When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
Ron Paul
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"When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans."
— Ron Paul #moneywealth #politicsgovernment

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When the federal government spends more each year than it collects in tax revenues, it has thr…

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When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. — Ron Paul

About Ron Paul

Ron Paul was a Politician from United States (1935–present).

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Frequently Asked Questions

Who said "When the federal government spends more each year than it collects in tax reven…"?
This quote is attributed to Ron Paul, a Politician from United States.
When did Ron Paul live?
Ron Paul lived from 1935 – present.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.