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.
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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 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).
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.