“By the year 1982 the graduated income tax will have practically abolished major differences in wealth.” YearsDifferencesWealthTaxesMajorsIncomeIncome Tax Author:Irwin Edman
“When two working people decide to marry, their federal income tax is usually increased. As soon as one spouse earns at least 20 percent of a married couple's total income, the couple pays a 'marriage tax.' ... The United States is the only major industrialized nation in the free world in which the tax cost of the second [married] earner's entry into the work force is higher than that of the first. On one hand, our government's social policy is to help working women earn equal salaries to those of men, but on the other we have a tax structure that penalizes them when they do so.” PeopleMenWorldFirstsTwoStatesHelpingHandsGovernmentForceNationsSocialUnitedPayUnited StatesPolicyCoupleHigherCostTaxesEqualMarriedMajorsPercentStructureIncomeSexismSpouseSalaryEntryIncome TaxFree WorldMarried CouplesWorking WomenSocial Policy Author:Millicent Fenwick
“Canada, the United States and Mexico, we developed these energy reserves that we have in this North American region. And you can see a not only driving down the cost of electricity but a major manufacturing boom in this country. Couple that with tax policy, reduction, reducing the corporate tax rate, and that I think a renaissance in manufacturing like we've never seen in this country and really drive the economy.” ThinkingCountryStatesEnergyUnitedUnited StatesEconomyPolicyCoupleCostTaxesMajorsRateDrivingCorporateCanadaRegionsMexicoReservesElectricityReducingManufacturingRenaissanceReduction Author:Rick Perry
“We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.” CoursesSidesGrowthCuttingEconomicTaxesMajorsSolutionsIncreaseRemainsCurrentsSpendingReformReverseEconomic GrowthEntitlementBankruptcyTax IncreasesSpending Cuts Author:David Limbaugh
“Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy.” ShouldGivenStepsCasesSupportPolicyTaxesMajorsCurrentsUncertaintyCarbonEconomistRelianceCarbon Tax Author:Robert P. Murphy
“They're all tied together: taxes, Medicare, Social Security, and the debt. We've got to have a setting of priorities, and looking at it - at each of them as disconnected, I think, doesn't properly address these major challenges.” ThinkingTogetherSocialChallengesSecurityTaxesMajorsDebtPrioritiesSettingSettingsAddressesTiedSocial SecurityMedicareDisconnected Author:John McCain
“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.” PeopleWorldHas BeensWarEffortPaySupportCuttingSacrificeEconomicCenturyMilitaryHigherConflictTaxesMajorsProgramIraqSpendingWar Of The WorldsVietnamWorld War IiContrastWorld War ITroops20th CenturyKoreanIraq WarKorean War Author:Robert Hormats
“Do away with the corporate loopholes that allow major profitable corporations to stash their money in the Cayman Islands and not pay a nickel in some cases in federal income taxes.” PayCasesTaxesMajorsIncomeCorporateCorporationsIslandsProfitableIncome TaxLoopholesNickelsCayman Islands Author:Lawrence O'Donnell
“After Brexit referendum, our country faces major challenges. Risks to the economy and living standards are growing. The public is split.The government is in disarray. Ministers have made it clear they have no exit plan, but are determined to make working people pay with a new round of cuts and tax rises.” PeopleMadeCountryGovernmentFacesChallengesPayEconomyClearCuttingGrowingPlansRiskTaxesMajorsStandardsRoundsDeterminedOur CountryMade ItMinistersSplitsExitReferendumsDisarrayNo Exit Author:Wes Streeting
“Due to the major demographic changes we have gone through in the last few years in this country, we will be a majority/minority nation and there are a large number of people who do not like that. Donald Trump has tapped into those people's fears because he comes from the extreme right wing part of the Republican Party, as does Ted Cruz. They believe that we should cut taxes to wealthy Americans and enforce anti immigrant laws. They don't believe in Education or Social Security, they would end it and change it and privatize it.” PeopleShouldYearsBelieveDoeEndsCountryLastsLawNationsSocialPartyNumbersGoneCuttingSecurityTrumpRepublicanTaxesMajorsMajorityWingsDon't BelieveExtremesDuesMinoritiesImmigrantsWealthyRepublican PartySocial SecurityRight WingLarge NumbersDemographicsCruz Author:Debbie Wasserman Schultz
“There are three major political organizations in this country: the Republican Party, the Democratic Party and the Koch Brothers Party. With billions to spend on campaigns. think tanks and 'educational' organizations, the Koch brothers are the most powerful. We must overturn Citizens United, move to public funding of elections and pass real tax reform.” ThinkingRealCountryMovingPoliticalThreeUnitedPowerfulPartyBrotherCitizensRepublicanTaxesMajorsOrganizationElectionDemocraticEducationalBillionsCampaignsReformMost PowerfulRepublican PartyDemocratic PartyFundingTanksTax ReformCitizens United Author:Bernie Sanders
“In 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. ... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS.” SaidStatesWealthEconomicNeededTaxesMajorsIncomeProgressiveCommunistTransfersIncome TaxAbolishRetailIrsManifestosCommunist ManifestoSales TaxRetail Sales Author:James Traficant
“You may have heard that Donald Trum has long refused to release his tax returns, the way every other nominee for president has done for decades. You can look at 40 years of my tax returns. I think we need a law that says, if you become the nominee of the major parties, you have to release your tax returns.” IfsThinkingWayNeedsYearsLooksMayLongDoneLawPresidentPartyHeardReturnTaxesMajorsDecadesReleaseTax Returns Author:Hillary Clinton
“That's an important Obama accomplishment: he raised taxes back to Bill Clinton levels, and made a major dent in inequality doing so. That's certain to be reversed, that's going to disappear. The Republicans are going to slash the rich's taxes.” MadeImportantCertainLevelsRichRepublicanTaxesMajorsBillsClintonRaisedDisappearInequalityAccomplishment Author:Jonathan Chait
“I should say that Canada is one of the major criminals, not just the tar sands and so on, but even mining throughout the world, a lot of it is Canadian. It's extremely destructive, so an important thing for Canadians to do is curtail the predatory and destructive behavior of their own government and corporations. A carbon tax is one way of doing it.” WorldWayShouldImportantGovernmentTaxesBehaviorMajorsImportant ThingsCriminalsOne WayCorporationsCanadaSandDestructiveCarbonMiningPredatoryCarbon TaxDestructive Behavior Author:Noam Chomsky