Ann Cummings: “You don't want to spend all your tax capacity during good…”

“… there is more of a tendency to just say, well, we want to do this, so we'll raise taxes. And there's a few of us that have been there saying, You don't want to spend all your tax capacity during good times because there will come a time, maybe sooner rather than later. I think we're all watching the stock market. Well, that. And what's happening in Washington. Good grief. And so when you will need that to Tax capacity just to stave off.” (20:16–20:28)

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