"In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated"
- Newt Gingrich
About this Quote
This quote by Newt Gingrich is referring to the financial recession and the potential for a tax boost. He is stating that throughout an economic downturn, a tax increase is not warranted due to the fact that it will lead to task losses. He thinks that any tax increase need to be opposed because it will have a negative impact on employment. He is suggesting that instead of raising taxes, the federal government must focus on producing jobs and stimulating the economy. He thinks that this is the very best way to assist the economy recover from a recession. He is likewise suggesting that any tax boost ought to be avoided due to the fact that it will just make the circumstance worse. By preventing a tax increase, the federal government can concentrate on producing tasks and stimulating the economy, which will help the economy recuperate from a recession.
This quote is written / told by Newt Gingrich somewhere between June 17, 1943 and today. He/she was a famous Politician from USA.
The author also have 37 other quotes.
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