"I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that"
- Austan Goolsbee
About this Quote
In this quote, Austan Goolsbee, an American financial expert and former chairman of the Council of Economic Advisers, is revealing his belief that high income tax cuts do not successfully promote economic growth. He states that both he and the president do not think in the effectiveness of these tax cuts, which there is not enough evidence to support their effectiveness. Goolsbee's declaration suggests that he believes there are other aspects that add to financial growth, and that simply cutting taxes for high earnings individuals is not a trustworthy option. This quote highlights the importance of thinking about evidence and information when making financial choices.
"I was married to Margaret Joan Howe in 1940. Although not a scientist herself she has contributed more to my work than anyone else by providing a peaceful and happy home"