Hoyer: It's Good for People to Make Money Because Then They Can Pay Taxes
January 26, 2010 - 1:36 PMHouse Majority Leader Steny Hoyer (D-Md.) said federal revenue projections indicate that people are making money and this is good news because it means they can be taxed to pay for the federal government.
Hoyer pointed to the fact that projected federal revenues have stopped declining and have stabilized as evidence that people must be making money in America.
“We also had some good news for the first time in approximately two years,” said Hoyer at his weekly press briefing. “The projection of revenues has stabilized, not decreased. That is a very good sign because it is a sign that people are in fact making money and will be in a position, because they’re making money, to pay a portion of that in revenues to the federal government.”