Austan Goolsbee Quotes

I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.

I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.

The income tax is flawed for a number of reasons - it discourages economic growth and encourages a bloated government.

A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work.

We had 90 percent taxes before in America. All right? Didn't work.

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.

I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that.

Income should be taxed one time at one rate, not again and again.

We demand a graduated income tax.

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.

There's nothing wrong with paying taxes; they should be paid in proportion to how rich you are. This idea that you're going to get better growth by cutting taxes at the top has no historical justification. And it's certainly not an argument in favor of capitalism.

I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to eliminate the estate tax.

If we want to jack up the tax rates on the really rich, the amounts of money that would bring in are trivial compared to jacking up rates on the middle class.

There are real impacts from lowering tax rates, encouraging savings.

Putting, say, an 85 per cent income tax rate is unlikely to bring in much revenue.

I don't support any increase in income tax rates.

I love B.C., but you know what taxes are like in Canada.

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and '20s.

I get how devastating high taxes are to job creation.

We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity.

Whoever is for higher taxes, feel free to pay higher taxes.

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.

I do think there is room at the very top for marginal tax changes.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues.