Who said it?
“But if the tax rates on large incomes are so high that they disappear, the small taxpayer will be left to bear the entire burden.”
“Taxation may be so high as to defeat its purpose.”
“Given sufficient time to gather the fruits, a reduction of taxation will run a better chance, than an increase, of balancing the Budget.”
Those are from John Maynard Keynes.
“It is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise revenues in the long run is to cut the rates now. The purpose of cutting tax rates is to achieve a more prosperous, expanding economy.”
John F. Kennedy
Watch out – Tea Partiers are everywhere!