Jeb Hensarling Quotes

People in my hometown voted for President Reagan - for many, like my grandpa, he was their first Republican - because he promised that tax cuts would bring higher wages and new jobs. It seemed he was right, so we voted for the next Republican promising tax cuts and job creation, George W. Bush. He wasn't right.

The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.

Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.

Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy.

We all know that lower taxes will grow our economy and make our nation stronger.

Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it.

Here's the problem if you keep raising tax rates: You slow down economic growth.

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.

That tax relief can spur the economy and thereby benefit all Americans is something that Washington Democrats used to understand. President Kennedy, for example, aggressively cut taxes after being elected to stimulate the economy as a means of helping all Americans.

Someone is going to have to explain to me at some time how raising taxes on job-creators is going to create more jobs.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.

You don't get an economy growing by raising taxes.

If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.

Tax cuts are an investment in working families.

Reducing the tax burden is necessary to produce economic growth.

There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.

Effective tax credits are used to create jobs and grow our economy. But tax credits that aren't delivering for Missourians must be retooled and reformed.

Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.

I do believe in tax incentives in order to move the economy forward.

If you're going to go increase taxes on small businesses, you're going to slow down the extent to which we're able to reduce unemployment. So I think it's a serious mistake; the wrong time to raise taxes.

Reagan has turned America into a tax haven.