"Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion"
- Roger Wicker
About this Quote
This quote by Roger Wicker suggests that the legislation of certain tax policies has actually been a significant consider the current economic growth. The 10 percent tax bracket, decrease of the marriage penalty, cut in the tax rate on dividends and capital gains, and increase in the child tax credit have actually all been necessary aspects in this financial growth. These policies have most likely encouraged people to invest more, along with supplied more cash to households with kids. This has most likely resulted in increased consumer costs, which has been a significant consider the present financial growth. Overall, this quote recommends that the legislation of certain tax policies has been a major consider the existing economic growth.
This quote is written / told by Roger Wicker somewhere between July 5, 1951 and today. He/she was a famous Politician from USA.
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