Famous Quotes & Sayings

Andrew Samwick Quotes & Sayings

Enjoy the top 1 famous quotes, sayings and quotations by Andrew Samwick.

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Famous Quotes By Andrew Samwick

Andrew Samwick Quotes 2264623

You are smart people. You know that the tax cuts have not fueled record revenues ... You know that the first order effect of cutting taxes is to lower tax revenues. We all agree that the ultimate reduction in tax revenues can be less than this first order effect, because lower tax rates encourage greater economic activity and thus expand the tax base. No thoughtful person believes that this possible offset more than compensated for the first effect for these tax cuts. Not a single one. — Andrew Samwick