“There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.” WisdomPoliticsBeliefEconomyRichEffectsTaxesCatIncomeFatsEaseCorporationsLiberalismFundLoadIncome TaxPensionBeneficiariesBrackets Author:Peter Drucker
“To do what we are doing in this budget to our children, cutting their health care funds, decreasing opportunity, simply so we can pay for tax cuts and a war in Iraq is beyond belief, and we need to reverse it” NeedsChildrenWarCareOpportunityBeliefPayCuttingTaxesOur ChildrenIraqHealth CareBudgetsFundReverseTax Cuts Author:Tom Allen
“The most laughable White House criticism is that tax cuts are a 'free lunch.' The American people's work created that money. Only in Washington could there be a belief that letting people keep more of what they create is a giveaway.” PeoplePoliticalHousePoliticsBeliefWhiteCuttingTaxesCriticismWhite HouseLunchTax CutsLaughableFree Lunch Author:Steve Forbes
“America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.” PeopleHas BeensIdeasAmericaPoliticalDiesBeliefRichPolicyKeysTaxesLowsEvidenceProsperityRefuseLandscapeAnalysisZombieRich PeopleProminentInsistence Author:Paul Krugman
“President Obama's recommended reduction in the tax deduction for charitable giving reflects his fundamental belief that only the government can or should help the poor. He wants to keep the impoverished directly dependent on the government - and the Democratic Party - for their daily bread.” WantGivingShouldHelpingGovernmentBeliefPresidentPoorPartyTaxesFundamentalsDemocraticBreadDependentPresident ObamaDemocratic PartyReductionCharitableDeductionsHelp The PoorDaily BreadCharitable Giving Author:Dick Morris