Charles Krauthammer Quotes
After a while if you have low enough taxes you'll be bankrupt.
Charles Krauthammer, Political Columnist, October 1990
Sourced by: Eigen's Political and Historical Quotations
This is the most articulate historical statement of the modern conservative mantra regarding taxes. However, one change has taken place. The words “necessarily” and “often” tend to be left out of the more modern ideological statements. Mellon’s original statement has never really had any politicians or economists who disagreed. Politicians of all economic persuasions have generally accepted the Mellon statement but the extreme conservatives’ creed is that a lowering of taxes always produces more revenue and a tax increase will inevitably lead to greater tax revenue—a position which Mellon never took. Mellon however was very solicitous of the wealthy, felt the welfare of the nation depended on their prosperity, and was a strong advocate of what was later called ‘trickle down’ economics {628592}.
The extravagance of Louis XIV caused the conservative Colbert to raise taxes, always an unpopular move. His response: Marquis de Seignelay
Charles Krauthammer was an American political columnist. A conservative political pundit, Krauthammer won the Pulitzer Prize for his column in The Washington Post in 1987. His weekly column was syndicated to more than 400 publications worldwide.
