We don't need new taxes. We need new taxpayers people that are gainfully employed making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
When the federal government spends more each year than it collects in tax revenues it has three choices: It can raise taxes print money or borrow money. While these actions may benefit politicians all three options are bad for average Americans.
In rising financial markets the world is forever new. The bull or optimist has no eyes for past or present but only for the future where streams of revenue play in his imagination.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade with two and a half dollars of spending reductions for every one dollar of revenue increases and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
It is a sound principle of finance and a still sounder principle of government that those who have the duty of expending the revenue of a country should also be saddled with the responsibility of levying and providing it.
My family and I would never receive royalties on the revenue that my materials brought into the church materials that were created on our own personal time.
State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue legislatures tend to cut funding for higher education. Colleges in turn answer these funding cuts with tuition hikes.
Enhancing revenues will help us improve education and solve our infrastructure problems.
My goal was never to just create a company. A lot of people misinterpret that as if I don't care about revenue or profit or any of those things. But what not being just a company means to me is not being just that - building something that actually makes a really big change in the world.
My revenue was $4 million my first year in business off of one $20 item.