Bruce Rauner Quotes
The critical thing is that we have to reduce the tax burden.
Rauner, Bruce. "Budget Address." State of Illinois, 18 Feb. 2015.
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}.
Bruce Vincent Rauner is an American businessman, philanthropist and politician who served as the 42nd governor of Illinois from 2015 to 2019. Prior to his election, he was the chairman of R8 Capital Partners and chairman of the private equity firm GTCR, based in Chicago. The Republican nominee in the 2014 Illinois gubernatorial election, he defeated Democratic incumbent Pat Quinn by 50.3% to 46.4%. In 2018, after narrowly surviving a challenge in the Republican primary from State Representative Jeanne Ives, Rauner lost the general election to Democratic challenger J. B. Pritzker in a landslide.
