John Liu Quotes
I really think people understand that in New York City we have high taxes.
Liu, John. "Transcript of Interview With John Liu." The New York Times, 15 Aug. 2013.
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}.
John Chun Yah Liu is an American politician in New York City. A member of the Democratic Party, he is a member of the New York State Senate for the 11th District in northeast Queens. He previously served as the 43rd New York City Comptroller from 2010 to 2013, and as a member of the New York City Council from 2002 to 2009, representing District 20 in northeast Queens. He was the first Asian American New York City Council member and Comptroller, and one of the first two Asian American New York State Senators, as well as the first elected to legislative or citywide office in New York. He was also a candidate in the 2013 New York City mayoral election.