“Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.” PeopleWayBelieveAmericaOrderAsksHousePresidentPayShareSpecialTaxesFairsRateReformCodeTreatmentWealthyRight WayAbsentLoopholesFair ShareTax ReformSpecial Treatment Author:David Plouffe
“President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.” ShouldWellsAblePresidentPaySupportMomHigherTaxesFortuneRatePopsLikesCorporationsPresident ObamaBuffettWarren Buffet Author:Rob Portman
“When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.” ShouldHelpingPresidentHurtEconomyTaxesGainsShould HaveClintonRateIncomePresident BushPresident ClintonPresident ReaganPresident KennedyCapital Gains Author:Rob Portman
“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.” WayYearsPresidentCuttingTaxesRaisesRateCongressObviousPresident ObamaEarningRevenueTax Cuts Author:Christina Romer