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Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues.

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Mike Pence

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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.

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Our founders insisted that protecting the states’ power to govern themselves was vital to limit the power of Washington and preserve freedom.

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May 14, 2024

Our founders insisted that protecting the states’ power to govern themselves was vital to limit the power of Washington and preserve freedom.

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May 14, 2024

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.

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