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Taxes Quotes

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Taxes Quotes

“President [Barack] Obama's staking his reelection hopes on rebuilding America's middle class. He wants higher taxes on the wealthy, tougher rules on Wall Street, and everyone else to get a fair shot to succeed. Republicans can cry "class warfare" if they want, but as the president put it today, it's about this country's welfare.”

“On domestic policy, Donald Trump agreed with Barack Obama and Hillary Clinton on the Wall Street bailout, the TARP bailout of big bank. I think the government ought to be standing with mainstream, with working men and women. And then you put on top of that the ethical issues, whether it is refusing to release his taxes. And that's a real problem.”

“This is a very challenging time in the life of our nation. Weakened America's place in the world after the leadership of Hillary Clinton and Barack Obama on the world stage has been followed by an economy that is truly struggling, stifled by an avalanche of more taxes, more regulations, Obamacare, the war on coal and the kind of trade deals that put American workers in the back seat.”

“We are under the stifling regulation and taxes of a predominantly left-wing type of thinking and philosophy. The eight years of Barack Obama have shrouded this country in punitive regulations. We haven't had economic growth higher than one and a half percent for the last eight or nine years, and that was done on purpose. There have been robust times in the past, and there are a lot of people right now that are doing well and are growing. But generally it ought to be much better in the past. There needs to be an economic revival.”

“The reason we've been growing at 1.8 percent for the last eight, ten years, which is way below the historical average, is in large part because of our tax code. It is important to us to get the biggest, broadest tax reduction, tax cuts, tax reform that we can possibly get because it's the only way we get back to 3 percent growth. That's what's driving all of this, how do you get the American economy back on that historical growth rate of 3 percent and out of these doldrums of 1.8, 1.9 that we had of the previous Barack Obama administration?”

“Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.”

“The failure of the first Barack Obama administration to really deliver on a new War on Poverty and a new language to explain these societal challenges in some ways provided the fuel that led to the Occupy Movement a few years later. And, while Occupy was a somewhat transitory phenomenon, many of the activist groups that emerged during this period are still out there, and still working on reshaping the political debate around taxes, around welfare, around government assistance to the poor, around debt relief for students, and so on.”