“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.” DecisionLevelsResultsEconomyCenturyParticularTaxesLowsThirdsRateExperimentsInequalityRegulationLow LevelTrickle 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.” YearsWellsMayLittlesWarSchoolLawTurnsPrayerEffortLeaderPovertySupportEconomicCenturyTaxesGunLaborReformAccomplishmentRegulationSixtyEstatesBankingTwentieth CenturyWilsonLandmarksBacklashProgressivismTheodoreWar On PovertyDustbinLabor LawsEconomic ReformsEstate Taxes Author:Thomas Frank
“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.'” WantNeedsAgeCenturyInformationInternetTaxesThirdsWaveCreditExpensiveFree Speech21st CenturySignalsPoorestLaptopsInformation 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.” IfsRunningPoliticalResponsibilityCenturyTaxesOfficeStrongerVotingCitizenship21st CenturyRunning For OfficePolitical 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.” IfsMenWould BeTodayCommonEffectsCenturyProductsIndustryCircumstancesTaxesMassRateScalesBranchesArticlesModestMillionaireCommon ManUnheard Book:Planning for freedom, and sixteen other essays and addresses 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 BeensLastsEconomySuccessfulCenturyExampleTaxesLet MeComplexesRepeatsQuartersHigh 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.” PeopleWorldHas BeensWarEffortPaySupportCuttingSacrificeEconomicCenturyMilitaryHigherConflictTaxesMajorsProgramIraqSpendingWar Of The WorldsVietnamWorld War IiContrastWorld War ITroops20th CenturyKoreanIraq WarKorean War Author:Robert Hormats
“79 senators, including that great conservative Elizabeth Warren, said they didn't like the medical device tax, so we will go at that law - which in my view is the single worst piece of legislation passed in the last half century - in every way that we can.” WaySaidLastsLawViewsHalfPiecesWorstCenturyTaxesIncludingConservativeMedicalDevicesSenatorsLegislationGreat Conservative Author:Mitch McConnell
“I offer a better way for America with ideas that actually work, a reformed tax code that rewards free enterprise instead of just enterprising lobbyists. A reformed health care system that operates by free choice instead of by force and doesn't leave you answering to cold, clueless bureaucrats. A commitment to a renewed commitment to building a 21st Century military and giving our veterans the care that they were promised and the care that they earned.” WayGivingIdeasCareAmericaChoicesForceCenturyMilitaryBuildingColdOffersTaxesCommitmentRewardsHealth CareCodeEnterprise21st CenturyVeteranBetter WaysBureaucratsFree EnterpriseLobbyistsCluelessOur VeteransFree ChoiceHealth Care SystemEnterprising Author:Paul Ryan
“In real estate you can avoid ever having to pay a capital gains tax, decade after decade, century after century. When you sell a property and make a capital gain, you simply turn around and buy a new property. The gain is not taxed. It's called "preserving your capital investment" - which goes up and up in value with each transaction.” RealValuesTurnsPayCenturyTaxesGainsSellsPropertyInvestmentDecadesEstatesTransactionsCapital GainsCapital InvestmentCapital Gains Tax Author:Michael Hudson
“The income tax is a twentieth-century socialist experiment that has failed. Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.” YearsGovernmentCenturyTaxesYears AgoClaimsExperimentsIncomeSocialistTwentieth CenturyIncome TaxTariffs Author:Alan Keyes
“We can't afford to waste people. We can't afford to have people think the game is over before it's begun. We've got to be saying to the Canadian people: you can't tax cut your way to a productive 21st-century economy. You can talk that talk, but it's not going to give you a productive 21st-century economy, because it will scythe apart the public goods that make prosperity possible. That's what we've got to say, and so we shall.” PeopleThinkingWayGivingGamesEconomyCuttingCenturyTaxesWasteProsperityProductiveGoods21st CenturyTax CutsScythes Author:Michael Ignatieff
“Romney has adopted almost every position conservatives want their candidate to espouse: He's pro-life, he wants to repeal ObamaCare, he wants to cut taxes and cut the federal budget, and he wants an unapologetic foreign policy dedicated to the proposition that this too will be the American century.” WantCuttingCenturyPolicyPositionTaxesBudgetsCandidatesDedicatedForeign PolicyPropositionsAdoptedRomneyObamacarePro LifeUnapologetic Author:John Podhoretz