Joe Lhota Quotes
There were 23 or 24 separate tax cuts during the Giuliani administration. I'd love to be able to equal that.
Lhota, Joe. Conservative Party Forum. New York Daily News, 5 Feb. 2013.
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}.
Joseph J. Lhota /ˈloʊtə/ is an American public servant and a former politician. He served as the chairman of the Metropolitan Transportation Authority and was also a former deputy mayor of New York City. He was the Republican nominee in an unsuccessful bid for the 2013 election for Mayor of New York City. In January 2014, he became senior vice president, vice dean, and chief of staff at NYU Langone Medical Center. In 2017, he returned to the chairmanship of the MTA, but would not run the authority day-to-day. He resigned from that position in 2018.
