"Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down"
About this Quote
The phrasing also quietly rebrands tax policy as moral psychology. He doesn’t say “capital gains” or “top marginal rates.” He says “employment,” “saving,” “investment,” “risk-taking” - a catalogue of virtues. Taxes, in this frame, aren’t a means of funding public goods; they’re a penalty on good behavior. Lower them, and you don’t merely change incentives, you liberate the economy’s better angels. It’s a story in which entrepreneurs are the protagonists and the state is a drag coefficient.
The context is late-20th-century Republican economics, when Kemp helped popularize the Laffer Curve logic that growth can outrun rate cuts. The subtext is electoral as much as economic: you can promise tax cuts without admitting to austerity. Deficits and distribution fade into the background; “revenues went up” is meant to preempt the accusation that tax cutting is fiscally reckless.
What makes the line work is its confidence and compression. It’s a memo, a mantra, and a preemptive rebuttal all at once - built to survive complexity by refusing to acknowledge it.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Kemp, Jack. (2026, January 16). Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down. FixQuotes. https://fixquotes.com/quotes/every-time-in-this-century-weve-lowered-the-tax-82945/
Chicago Style
Kemp, Jack. "Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/every-time-in-this-century-weve-lowered-the-tax-82945/.
MLA Style (9th ed.)
"Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/every-time-in-this-century-weve-lowered-the-tax-82945/. Accessed 3 Feb. 2026.



