Michael Steele Quotes
Tax policy is not about compassion.
Steele, Michael. Right Now: A 12-Step Program for Defeating the Obama Agenda. Regnery Publishing, 2010, p. 74.
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}.
Michael Stephen Steele is an American conservative political commentator, attorney, and former Republican Party politician. Steele served as the seventh lieutenant governor of Maryland from 2003 to 2007; he was the first African-American elected to statewide office in Maryland. As lieutenant governor, Steele chaired the Minority Business Enterprise task force, actively promoting an expansion of affirmative action in the corporate world. Steele also served as chairperson of the Republican National Committee (RNC) from January 2009 until January 2011; he was the first African-American to serve in that capacity.
