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Taxes Quotes

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Taxes Quotes

“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.”

“Lots of people commit crimes and don't get arrested. That's not the measure. But if you're going to be the president of the United States, we're reasonably going to put you under a microscope. And Donald Trump's tax behavior is absolutely important to understanding, is he qualified, is he morally fit, is he capable, is he trustworthy to have everything from the powers of federal law enforcement to the nuclear codes?”

“We really believe that we can bring about changes in the tax code that will make America more attractive for investment and job creation and business. But the president has also made it very clear that he wants to put - he wants to put new elements in the tax code that are going to have companies pay a price if they decide to take jobs out of the country and then sell their goods back into the United States.”

“Donald Trump is a businessman, not a career politician. He actually built a business. Those tax returns that were - that came out publicly this week show that he faced some pretty tough times 20 years ago. But like virtually every other business, including the New York Times not too long ago, he used what's called net operating loss. We have a tax code that actually is designed to encourage entrepreneurship in this country.”

“We need to remake and reinvent our housing system so that it supports the flexibility and mobility of our economic system broadly. Home-ownership is rewarded by the federal tax code, which made great sense when that piece of the American Dream, and all the consumption that came with it, was essential to rebuilding the economy. These days, however, it feels like a huge penalty to people who want to travel light within the new mobile economy without a mortgage to hold them back.”

“I think that Democrats have to think through answers we haven't in the past: How we are going to create those jobs? How should we restructure the entire tax code? Should we have things like a payroll tax, when jobs are so scarce? They weren't - basically the architecture of our employment law, tax law, all these things were from the 1930s - and I do think that one benefit of Donald Trump, which is not worth it, but one perverse thing is, he has widened the scope of things that we should discuss.”

“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?”

“To really tackle poverty, politicians, activists, academics will all have to think outside their boxes, will have to start developing much more integrated approaches to these problems. And a large part of this will involve working out ways to push for living wages. Partly this will involve re-empowering the union movement, which has been massively weakened in recent decades. Partly it will involve a willingness to restructure tax codes to penalize companies that don't provide basic benefits and decent wages to employees.”

“There is this fashionable progressive notion that everything is so completely political that the idea we could have some sort of neutral legal process is practically utopian - because we all know that the more money you have, the more rights you can exercise in this society. But I don't think that you deal with income inequality by limiting the First Amendment rights of affluent people. I'd rather see people screw around with the tax code to redistribute wealth a little bit than screw around with the First Amendment.”

“I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.”