Famous quote by Paul Ryan

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Heres the problem if you keep raising tax rates: You slow down economic growth
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"Here's the problem if you keep raising tax rates: You slow down economic growth"

- Paul Ryan

About this Quote

This quote by Paul Ryan is describing the financial repercussions of raising taxes. When taxes are raised, it takes more cash out of the pockets of people and companies, leaving them with less cash to invest and invest. This can lead to a decrease in financial development, as individuals and businesses have less money to spend on items and services, which can lead to a reduction in production and work. Additionally, higher taxes can cause an increase in the cost of items and services, as organizations hand down the expense of taxes to consumers. This can lead to a decrease in consumer costs, which can further slow down financial growth. Eventually, raising taxes can have an unfavorable effect on financial development, as it lowers the quantity of cash offered to be invested and invested.

About the Author

USA Flag This quote is written / told by Paul Ryan somewhere between January 29, 1970 and today. He/she was a famous Politician from USA. The author also have 36 other quotes.

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