Kevin Hassett Quotes
When a totally offensive tax hits a few million people, Washington is prepared to look the other way. But when everyone is harmed, self preservation kicks in, and Washington gets going.
Hassett, Kevin A. "The Alternative Minimum Tax Trap." Bloomberg, 14 Nov. 2005.
Describing the concept of an income tax:
The George W. Bush administration when they had a Republican-controlled Congress, had amended the tax laws to treat the earnings of the hedge fund managers differently from people who manage other enterprises in the nation. They gave a group of very wealthy managers whose earnings were already amongst the highest of any managers in the country a huge tax break, while little public attention was paid to the subtlety of complex tax laws. Daschle and others began to draw public attention to the inequity.
Kevin Allen Hassett is an American economist who is a former Senior Advisor and Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019. He has written several books and coauthored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices.