Mick Mulvaney Quotes

We had massive tax cuts in the early phases of the [George W.] Bush years… The decade following was the worst growth rate in over 60 years.

Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it.

We need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax reform and tax reductions that you need to get to sustain 3 percent economic growth. We really do believe that the tax code is what's holding back the American economy.

It was absolutely critical to renew the Bush tax cuts. Letting them expire would result in a massive tax increase that would retard economic growth.

I want to make it very clear that this middle-class tax cut, in my view, is central to any attempt we're going to make to have a short-term economic strategy and a long-term fairness strategy, which is part of getting this country going again.

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.

From 1891 to 1972, U. S. productivity grew at an average rate of 2.33 percent, which is high, but then it dropped substantially so that from 1972-1996 it averaged only 1.38 percent. In other words, the Reagan tax cuts and deregulation did not spur productivity growth, even allowing for a long time.

At least since 1947, the historical record seems to support a simple conclusion: If you want the American economy to grow, you ought to put a Democrat in the Oval Office.

After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.

Kennedy had already, in 1962, lowered investment taxes on business. And after his tragic assassination, his broader tax proposals were passed into law in early 1964. And they worked. The U.S. economy grew by roughly 5 percent yearly for nearly eight years.

We got two examples in recent history from this country. One in the '80s under President Reagan. One under President Clinton and the Democratic-controlled Congress in the '90s. We had nearly 5 percent growth rate in each of those decades. We can do it again for sure.

When it comes to economics, president-elect [Donald] Trump has promised to revive American manufacturing, get tough on trade with China, cut taxes and invest in infrastructure.

This is such music to my ears. James Carville advocating a tax cut to stimulate the economy.

I was the chairman of the Budget Committee and the lead architect the last time it happened in Washington, and when we did it we had great economic growth, we cut taxes, and we had a big surplus.

Every tax cut I call for is targeted, it's responsible and it is paid for within my balanced budget plan. My tax cuts will not undermine our economy. They will speed economic growth.

What we do have is a gigantic matching tax-cutting program as a way of stimulating the economy.

I'm cutting taxes. We're going to grow the economy. It's going to grow at a record rate of growth.

People listen to me, and they hear about a government they want, a government... that will cut spending, cut taxes, that will focus on private-sector job creation.

Our tax policies, the tax relief and reform we passed in 2003 and 2005, helped get government out of the way of America's entrepreneurs, and our unemployment rate is now lower than it was in the 1970s, the 1980s, and the 1990s.

We need a tax code that promotes savings, investment, achievement, innovation, and hard work.

The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.

I firmly believe that the best way to stimulate our economy and create jobs is to let hard-working Americans keep more of their money - after all, the money belongs to them, not to Washington.

We've got a lot of work to do: not only on education, but on the economy, on our tax code, and on reducing our crushing debt.

To get anything done, Obama has to be seen as having winning economy - which isn't easy.

The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.