Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.
Interpretation
What this quote means
Governments should focus on spending control and wealth creation rather than simply increasing taxes to reduce deficits.
This quote by Ronald Reagan emphasizes the idea that simply increasing taxes on citizens is not an effective method for governments to address budget deficits. Instead, Reagan advocates for a strategy centered around managing expenditure and fostering an environment that encourages economic growth, which can lead to a broader tax base and increased revenues without burdening taxpayers.
Themes
DeficitsGovernmentTaxesSpendingWealth
In practice
Example use cases
During a fiscal policy seminar, one might express, 'As Ronald Reagan said, governments don't reduce deficits by raising taxes on the people.'
More from Ronald Reagan
All quotes βOur status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
Ronald ReaganRead
I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
Ronald ReaganRead
I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
Ronald ReaganRead
My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
Ronald ReaganRead
We must have faith in the people of this country and faith in our principles.
Ronald ReaganRead
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