Nancy Johnson Quotes

The unpopularity of raising corporate or personal income tax has been a straight jacket constraining Labour's thinking on how best to invest and grow the economy.

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

What I want to do is create more taxpayers, not more taxes.

The Irish move to a very low corporation tax has generated very significant revenue growth, considerably in excess of Britain's, where a slower economy has been combined with a number of stealth taxes.

I am for lowering taxes.

The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike.

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.

There's a lot of evidence you can sell people on tax increases if they think its an investment.

Tax reduction has an almost irresistible appeal to the politician.

What you don't want to have is tax-driven economic activity.

I am a supply sider. If you cut the right taxes, you will make more money.

It seems difficult to understand that high rates of taxation do not necessarily mean high revenue for the government, and that more revenue may often be obtained with lower tax rates.

There is no serious statistical evidence in support of the view that tax rates at current levels have a major disincentive effect on economic growth.

No nation ever taxed itself into prosperity.

Sometimes, tax rate increases create the very problems that the spending is intended to cure. In other words, the tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.

Raising taxes won't create private sector jobs.

I think the Bush tax cuts should be made permanent.

You pay more in wages, get more in in tax, you get people living a higher standard, you get more money. It's a kind of circle.

It is time to recognize a simple fact of life. Contrary to what some of my colleagues seem to believe, tax cuts do not pay for themselves.

I think that taxes have to exist. They should exist at the lowest possible level, and to the extent that we can, we shouldn't invent more. Maybe that's my experience being mayor of New York City, where we had so many taxes.

Anything to do with any new form of tax, like consumption tax in Japan, carbon tax in Australia, these are big issues that cannot be easily decided.

As a matter of policy, increasing taxes on the most economically productive group, which already generates 60 percent of the nation's federal revenues, during a sustained period of economic doldrums is a wretched idea.

In these times of the 'Great Recession', we shouldn't be trying to shift the benefits of wealth behind some curtain. We should be celebrating and encouraging people to make as much money as they can. Profits equal tax money. While some people might find it distasteful to pay taxes, I don't. I find it patriotic.

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

We should stop arguing about tax cuts in this town.