The purpose of [tax rate] cuts, it must be continually stressed, is to expand the tax base—to make the rich pay more taxes by inducing them to consume less and work more. If deficits arise as an initial result, no one should panic.
—George Gilder, Wealth & Poverty, p.239
The purpose of [tax rate] cuts, it must be continually stressed, is to expand the tax base—to make the rich pay more taxes by inducing them to consume less and work more. If deficits arise as an initial result, no one should panic.