Press Releases

Secretary Snow Holds Economic Press Briefing

(Archived Content)

Photo: Secretary Snow Holds Economic Press Briefing

2006-5-16-12-43-57-14367

 

In a media briefing Tuesday afternoon, Treasury Secretary John Snow said that What the President's leadership of the economy has demonstrated is that low tax rates create investment, create jobs, create growth; and now with the surge of revenues we are seeing as a result we can also say that low taxes are consistent with rising federal revenues which of course help bring the deficit down.