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It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.
Sidney Blumenthal
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"It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers."
— Sidney Blumenthal #politicsgovernment

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It was an absurd theory that by cutting taxes you would increase government revenues, because…

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It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers. — Sidney Blumenthal

About Sidney Blumenthal

Sidney Blumenthal was a Journalist from United States (1948–present).

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Frequently Asked Questions

Who said "It was an absurd theory that by cutting taxes you would increase government rev…"?
This quote is attributed to Sidney Blumenthal, a Journalist from United States.
When did Sidney Blumenthal live?
Sidney Blumenthal lived from 1948 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.