"Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues"
About this Quote
The subtext is aimed at a very specific anxiety in American politics: the suspicion that conservative economics is just redistribution upward with nicer branding. Pence counters by claiming the opposite direction of flow. Tax cuts "generated economic growth" and even "expand tax revenues", a formulation designed to neutralize the usual objection - that cutting rates starves government services or balloons deficits. If revenues rise, the policy isn’t austerity; it’s abundance.
Context matters because each of those episodes is still politically contested. Kennedy’s cuts came alongside Cold War spending and a different tax base; Reagan’s era paired rate cuts with deficit expansion and later tax hikes; the Bush cuts were followed by war spending, recession, and widening fiscal gaps. Pence collapses that complexity into a single causal arrow. The intent isn’t to litigate economic history; it’s to produce permission. If growth is the natural result, then opposing tax cuts becomes not prudence but pessimism - a failure of faith in the American economy.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Pence, Mike. (2026, January 17). Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues. FixQuotes. https://fixquotes.com/quotes/well-i-think-the-reality-is-that-as-you-study--57140/
Chicago Style
Pence, Mike. "Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/well-i-think-the-reality-is-that-as-you-study--57140/.
MLA Style (9th ed.)
"Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/well-i-think-the-reality-is-that-as-you-study--57140/. Accessed 12 Feb. 2026.


