SHAWORDS
Jean Chrétien

Jean Chrétien

Jean Chrétien

Jean Chrétien

author
31Quotes

Joseph Jacques Jean Chrétien is a Canadian lawyer and former politician who served as the 20th prime minister of Canada from 1993 to 2003. He served as leader of the Liberal Party from 1990 to 2003 and as leader of the Official Opposition from 1990 to 1993.

Popular Quotes

31 total
Quote
"I never bought into the Laffer curve, a theory, named after an American supply-side economist who had been an adviser to the Reagan administration, that essentially argues that a government will increase its revenue by reducing its taxes. If it were that easy, everybody would do it. What politician doesnt want to reduce taxes in order to win votes? Taken to its logical extreme, the Laffer curve makes no sense because, if you lower your taxes to zero, how are you going to get higher revenues? In practice, every government that toyed with this theory ended up with larger deficits, higher interest rates and greater social inequality."
Jean ChrétienJean Chrétien

Similar Authors & Thinkers