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Century Quotes

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Century Quotes

“I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.”

Decision Levels Results Economy Century Particular Taxes Lows Thirds Rate Experiments Inequality Regulation Low Level Trickle Down

Author:Joseph Stiglitz

“[The right] may never bring prayer back to schools, but it has rescued all manner of rightwing economic nostrums from history's dustbins. Having rolled back the landmark economic reforms of the sixties (the war on poverty) and those of the thirties (labor law, agricultural price supports, banking regulation), its leaders now turn their guns on the accomplishments of the earliest years of progressivism (Woodrow Wilson's estate tax; Theodore Roosevelt's anti-trust measures). With a little more effort, the backlash may well repeal the entire twentieth century.”

“Maybe we need a tax credit for the poorest Americans to buy a laptop. Now, maybe that's wrong, maybe that's expensive, maybe we can't do it, but I'll tell you, any signal that we can send to the poorest Americans that says, 'We're going into a 21st century, third-wave information age, and so are you, and we want to carry you with us.'”

Want Needs Age Century Information Internet Taxes Thirds Wave Credit Expensive Free Speech 21st Century Signals Poorest Laptops Information Age

Author:Newt Gingrich

“Citizenship in the 21st century requires more than paying your taxes and voting and occasionally running for office. That even if you're never in political office, you have political responsibilities. You can make your society stronger and better.”

Ifs Running Political Responsibility Century Taxes Office Stronger Voting Citizenship 21st Century Running For Office Political Responsibility

Author:William J. Clinton

“If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live under more modest circumstances. But all those new branches of industry which supply the masses with articles unheard of before, would operate, if at all, on a much smaller scale, and their products would be beyond the reach of the common man.”

Source: Planning for freedom, and sixteen other essays and addresses

“There is no - let me repeat - no example in the last quarter-century of a large, complex economy that has been successful with high taxes.”

Has Beens Lasts Economy Successful Century Example Taxes Let Me Complexes Repeats Quarters High Taxes

Author:Jonah Goldberg

“In every major war we have fought in the 19th and 20th centuries. Americans have been asked to pay higher taxes - and nonessential programs have been cut - to support the military effort. Yet during this Iraq war, taxes have been lowered and domestic spending has climbed. In contrast to World War I, World War II, the Korean War and Vietnam, for most Americans this conflict has entailed no economic sacrifice. The only people really sacrificing for this war are the troops and their families.”