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Read through the most famous quotes by topic #economy
Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it. ↗
Over the past two years, the House has passed more than 50 measures focused on stimulating the economy and expanding opportunities for American workers. The tax relief provisions in this package have been an important part of our pro-growth agenda. ↗
I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now. ↗
#also #because #create #down #down the road
The second is that the role of China trade in Japanese economy, important as it is, has often been exaggerated, as proven by our experience of the past 6 years. ↗
In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes. ↗
It's fundamentally unfair to have so much of the tax relief go to so few. And it is a 10-year tax plan rather than one, as mine, focused on the next two years, which in my opinion is the critical time to jumpstart the economy. ↗
