Tax Cuts Quotes
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[ Tax cut ] will create tremendous numbers of new jobs. But regulations, [Hillary Clinton] are going to regulate these businesses out of existence.
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In the Iowa senate, I helped pass the largest tax cut in state history - returning over four billion dollars in savings and putting more money back in the pockets of hard-working Iowa families.
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I've been told that some members of Congress disagree with my tax cut proposal. Well, you know it's been said that taxation is the art of plucking feathers without killing the bird. It's time they realized the bird just doesn't have any feathers left.
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They have two aspects. One is that they're unpredictable, and that often rich and more affluent households are slow to spend the funds. The other thing about tax cuts is that they're redistributive. So they tend, naturally, to benefit those who pay tax.
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By the way, my tax cut is the biggest since Ronald Reagan. I'm very proud of it.
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Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today. As for the idea that cutting regulations will lead to significant job growth, it's just nonsense. It's just made up.
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I spent ten years in the private sector, actually learning how business works. I'm the governor of Ohio, and I inherited a state that was on the brink of dying. And we turned it all around with jobs and balanced budgets and rising credit and tax cuts, and the state is unified, and people have hope again in Ohio.
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I support responsible spending, and balancing the budget, but this tax cut and the budget cuts of last month accomplish neither of these goals.
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I wish they weren't called the 'Bush tax cuts.' If they're called some other body's tax cuts, they're probably less likely to be raised.
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You have to starve the Beast. That's one of the most important things about tax cuts. If you leave the money in Washington, it's going to be spent.
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New rumors that Saddam Hussein is planning to flee to a castle in Libya with 10 billion dollars. Now President Bush doesn't know whether to nuke him or give him a tax cut.
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For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy a process that reached its epitome when George W. Bush won re-election by posing as America's defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.
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Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.
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Start by scrapping the tax code. Don't fiddle with it. Junk it. Throw it out. Bury it. Replace it with a pro-growth, pro-family tax cut that lowers tax rates to 17% across the board and expands exemptions for individuals and children so that a family of four would pay no taxes on the first $36,000 of income.
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We going to have the biggest tax cut since Ronald Reagan, we're going to eliminate job-killing regulations which are a disaster, we are going to defend religious liberty.
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So let's give another big tax cut to the super-rich. That'll teach bin Laden a lesson he won't soon forget.
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If you're really concerned about deficits, you cannot take seriously a budget that would give $30 billion a year worth of tax cuts to not just the top 1 percent but the top 0.1 percent.
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Jesus refers to the poor over and over again. There are 2,000 verses of Scripture that call upon us to respond to the needs of the poor. And yet, I find that when Christians talked about values in this last election that was not on the agenda, that was not a concern. If you were to get the voter guide of the Christian Coalition, that does not rate. They talk more about tax cuts for people who are wealthy than they do about helping poor people who are in desperate straits.
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Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.
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When you try to figure out what the religious right is, it ultimately comes down either to one man, Pat Robertson, or anyone who believes in a higher being and wants their taxes cut.
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The reality is (Clinton's) so-called tax cut is basically giving money to people who largely don't pay taxes, so that it's really spending rather than a tax cut, ... This Week.
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The administration says the American people want tax cuts. Well, duh. The American people also want drive-through nickel beer night. The American people want to lose weight by eating ice cream. The American people love the Home Shopping Network because it's commercial-free.
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We could quite easily, Republicans and Democrats working together, do something that everybody in America desires, and that is a simplification of our Tax Code.
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So when the only domestic social policy is tax cuts that mostly benefit the wealthiest Americans, we say, 'Where is faith being put into action here?'
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Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.
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[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.
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You've worked hard all your life. You've paid Medicare taxes for almost 30 years. But under the Republican plan, Medicare won't be there for you. Instead of Medicare as it exists now, under the Republican plan you'll get a voucher that will pay as little as half your Medicare costs when you turn 65—and as little as a quarter in your 80s. And all so that millionaires and billionaires can have a huge tax cut.
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In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.
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President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more than $250,000 a year. Increasing rates on top earners is an obvious way to raise revenue from those who can afford it most.
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The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.
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