“The country doesn't owe you anything because you're an American or especially because you have a college degree. Now, if you think... If you are a college student and you've got a degree and you're out there and you can't find a job and if you think - if you agree with Obama that the Bush tax cuts ought to sunset - $700 billion ought to be taken out of the private sector and sent to Obama, then you deserve to be out of work for the rest of your life because that $700 billion taken out of the private sector could be used to grow businesses and hire people.” PeopleThinkingCountryTakenCuttingStudentsCollegeTaxesDeserveAgreeSunsetCollege StudentsCollege Degree Author:Rush Limbaugh
“We need to have more taxes, not less, and we need the taxes we have, certainly, to provide services - for defense and education and health care. We should not cut money here in order to cut taxes.” CareCuttingTaxesHealth Care Author:Michael Bloomberg
“I do think that Republicans are flirting with their tax cut, which has always been the narcotic of Republicans, that they in fact have to at some point, with any remote pretense of candor, abandon any pretense of a balanced budget.I mean, they talk about - because they are going to finance the tax cut by tax cuts. That's how they're going to do it. And I do think that the will is there right now in the Congress to act. I think they will be as close to unity as you will see on Capitol Hill this year.” ThinkingMeanCuttingRepublicanTaxesUnityFinanceHillsAbandonFlirtingPretense Author:Mark Shields
“You know, compromise can't be a dirty word in American politics. There's plenty to argue about. Trump administration is still talking about ridiculous tax cuts for the wealthiest of the wealthy. That should be resisted with every fiber of our being.” CuttingTaxesArguingRidiculousCompromisePlentyDirtyWealthy Author:Hillary Clinton
“I think everybody benefitted from what I am calling a bubble finance system, a bubble economy and if we're ever going to right the system, we're going to have to stop this explosion of the federal debt. We need huge spending cuts, OK? Don't get me wrong, we need to raise regular taxes too but even beyond that it's not going to hurt if we want to reset the system to ask those who have benefitted disproportionately - remember, we got $60 trillion of net worth in the household sector. $45 trillion of that belongs to the top 5 percent.” ThinkingRememberHurtEconomyCuttingTaxesFinanceBubbles Author:David Stockman
“When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital.” MenCuttingTaxesPlantInvestmentRate Author:John F. Kennedy
“Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.” LongRunningTodayGrowthBreakCuttingEconomicTaxesRateEconomic GrowthParadoxical Author:John F. Kennedy
“If you cut taxes on the rich, they'll get so excited and go into so much busy economic activity, that the economy will grow and your tax revenues will actually rise. So cut taxes, collect more taxes. It is a miracle.” EconomyRichCuttingEconomicTaxesMiracleBusyExcited Author:Greg Palast
“You can't look at the tax cut on a family until you realized how - how much better off they're going to be in a growing economy.” EconomyCuttingTaxes Author:Mick Mulvaney
“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?” ImportantReasonGrowthEconomyCuttingTaxesHistoricalRateDrivingBarackCode Author:Mick Mulvaney
“Growth works. What we're doing in the administration to spur growth in terms of regulatory form work. And what we're working is to make sure that those tax cuts add to that. We do believe that sustained 3 percent economic growth is possible and that that is the way you can balance the budget long-term.” BelieveGrowthTermCuttingEconomicBalanceTaxesEconomic Growth Author:Mick Mulvaney
“My tax plan will cut taxes for 95 percent of workers, because we need to put money back into the pockets of struggling middle-class families and close the egregious tax loopholes that have exploded over the last eight years. My plan eliminates capital gains taxes entirely for the small businesses and start-ups that are the backbone of our economy, as opposed to John McCain's plan, which would tax these businesses. John McCain is running to serve out a third Bush term. But the truth is, when it comes to taxes, that's not being fair to George Bush.” RunningTermStruggleEconomyCuttingTruth IsTaxesSmall BusinessBackboneMccain Author:Barack Obama
“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.” CuttingTaxesClintonBarackMccain Author:Jared Bernstein
“What the Trump tax plan is a plan to give tiny little tax cuts to most Americans, raise taxes on perhaps one in five families and shower benefits on people who earn millions of dollars a year. And this fits with a fundamental principle the Republicans have been pursuing for a long time. The rich aren't investing and creating jobs, because they don't have nearly enough money, and so we need to get them money. And the way the Republicans want to get it to them is tax cuts first, and then to take away help for children, the disabled, the elderly and the poor.” PeopleGivingChildrenLongEnoughHelpingPoorRichCuttingFitRepublicanTaxes Author:David Cay Johnston
“Donald Trump is a master salesman. And he creates his own reality. So if he tells you, "This is a middle-class tax cut, and I, Donald Trump, won't benefit," he expects you to believe that. It doesn't matter that it's not true. It's he said it, you're supposed to believe it. And that's how he's run his entire administration. If he says it, that makes it true.” BelieveRealityRunningCuttingTaxesSalesman Author:David Cay Johnston
“Donald Trump ran for office complaining that at $19 trillion, the US debt was completely out of control, and yet what he's planning to do is throw trillions of dollars more onto that debt. If the proposed tax plan cuts upon the wealthiest Americans is enacted, 10 years from now America's debt will be over $30 trillion. And so, he's contradicting, his own stated positions. And that's because, to Donald, none of this is about policy. It's not about sound economics. It's about greed and the glorification of the great leader.” LeaderCuttingPolicyTaxesOfficeGreedComplainingPlanningRanGreat LeaderContradicting Author:David Cay Johnston
“The Bush Republicans' policies are, the antithesis of patriotic. And so we urge Democrats to reclaim patriotism - to call on all Americans to pull together. And, yes, to sacrifice. Rich people will have to do with fewer tax cuts. Middle class people will need to drive less and switch to more fuel efficient cars . And poor folks - especially young ones - will have to reduce out-of-wedlock pregnancies and other indicia of social pathology.” PeopleTogetherPoorRichCuttingSacrificeCarPolicyTaxesDemocratMiddle ClassPatrioticPregnancyRich PeopleAntithesisYoung Ones Author:Paul Begala
“If I were a candidate for running, I'd say, "Look at what the economy has done." It's strong. We've created a lot of jobs. I'd be telling people that the Democrats will raise your taxes. I'd be reminding people that tax cuts have worked in terms of stimulating the economy. I'd be reminding people there's a philosophical difference between those who want to raise taxes and have the government spend the money, and those of us who say, "You get to spend the money the way you want to see fit. It's your money."” PeopleDoneRunningStrongTermEconomyCuttingFitTaxesPhilosophicalDemocrat Author:George W. Bush
“Liberals in the US don't have great passions about Margaret Thatcher. Conservatives do. For all the worship that Ronald Reagan elicits in conservative circles in the US, I would venture that Thatcher did far more to reshape British society than Reagan did here. When I moved to Britain, the utilities were state-run. By the time I left, most of that was privatized. Thatcher had broken the miners' union, all but crushed the Labour Party, cut back the welfare state, even flirted with a poll tax. In the circles I ran in, Reagan was mocked as a childish dolt. Thatcher was despised.” PassionPartyCuttingBrokenTaxesWorshipMovedConservativeRanWelfareLabourUtilityCrushedGreat Passion Author:Jon Weisman
“Canadians expect their government to make sure we're helping the people who need the help and growing the economy, and that's exactly what we're committed to do, not just with our historic investments into infrastructure that are going to create jobs while the others are focusing on cuts, but by lowering payroll taxes, by lowering EI premiums from $1.88 to $1.65, at the same time as we make sure that the people who need help are getting the help that they paid into, because they're not getting it under Stephen Harper. That's what Canadians expect from their government.” PeopleHelpingEconomyCuttingTaxesInvestmentCommittedHistoricNeed HelpPayroll Author:Justin Trudeau
“Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure our economic policies to make sure that we have shared prosperity. And you don't do that by giving a tax cut to the big winners and raising taxes on those who have not done very well. Your economic policy has to respond to the way our economic system has been working.” GivingMeanDoneCuttingEconomicPolicyTaxesProsperityWinner Author:Joseph Stiglitz
“Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax returns for him was in 2005, where he paid about $31 million because of the alternative minimum tax. He won't have to pay that, if this tax bill goes through. So, not only is he reordering our constitutional democracy, he is personally enriching himself - which is not new, because, of course, he's done it ever since he swore an oath to become president of the United States.” DonePresidentDemocracyCuttingTaxesLast TimeOath Author:Keith Ellison
“You know, the elites always want to shame the poor - right? - and everyone else. I mean, the fact is, this economy is based on 70 percent of the people driving consumer demand. If people do not purchase goods and services, this economy will grind to recession. And that is why, if you are going to do a tax cut, it ought to really be aimed at low-income and middle-income people.” PeopleMeanPoorEconomyCuttingTaxesShameDrivingGrind Author:Keith Ellison
“Look, rich people already have a lot of money. There's literally trillions of dollars in cash held by corporations, their stock valuations at an all-time high. They do not need a tax cut to do anything. They can invest now, if they wanted to. They don't want to, because they can make more money just by mergers and stock buybacks and stuff like that. So, this is really just sort of a travesty.” PeopleRichCuttingTaxesRich People Author:Keith Ellison
“Donald Trump is the least unpopular thing about today's Republican Party. I mean, the idea that a Mitch McConnell or a Paul Ryan could say, "Let's toss Trump overboard and return to our program of plutocratic politics, health care removal, massive income tax cuts for the affluent, deregulation of finance" - if they cut loose from Donald Trump, it's like, you know, storm in channel, continent cut off. If they cut loose from him, they are much likelier to sink.” MeanCarePartyCuttingLike YouRepublicanTaxesProgramStormFinanceHealth CareRepublican PartyIncome TaxRemovalOverboard Author:David Frum
“It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.” EconomyCuttingEffectsTaxesIncreaseRateCollapseReverseAmazedTax Cuts Author:Arthur Laffer
“Liberal Democrats are inexorably opposed to tax cuts, because tax cuts give people more power, and take away from the role of government.” PeopleGivingGovernmentRolesCuttingTaxesDemocratTax CutsRole Of Government Author:Rush Limbaugh
“Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that?” ShowsAsksSocialCuttingSecurityTrustPleaseRepublicanTaxesDemocratSpendingSundayFundReportersSocial SecurityTax CutsTrust Funds Author:Rush Limbaugh
“America's corporate and political elites now form a regime of their own and they're privatizing democracy. All the benefits - the tax cuts, policies and rewards flow in one direction: up.” AmericaFormPoliticalDemocracyCuttingPolicyTaxesBenefitsFlowRewardsCorporateRegimesElitesTax CutsOne Direction Author:Bill Moyers
“Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.” ProblemBigsLastsGrowthTermHalfCuttingEconomicTaxesArgumentIncreaseDemocratDecadesMeaningfulConclusionPrimariesJust OneDriversDeficitShort TermEconomic GrowthTax CutsEconomic ProblemsTax Increases Author:Bob Beauprez
“What Democrats haven't focused on are the kind of policies that would promote economic growth - such as making permanent the 2001/2003 tax cuts, opening up federal lands to more energy production, and reforming government to reduce its burden on business.” KindGovernmentEnergyGrowthCuttingEconomicLandHavensPolicyTaxesDemocratProductionsBurdenFocusedOpeningPermanentEconomic GrowthTax CutsOpening UpEnergy Production Author:Bob Beauprez
“Every time you cut programs, you take away a person who has a vested interest in high taxes and you put him on the tax rolls and make him a taxpayer. A farmer on subsidies is part welfare bum, whereas a free-market farmer is a small businessman with a gun.” PersonsInterestCuttingTaxesGunProgramWelfareFarmersBusinessmanFree MarketTaxpayersSubsidiesVested InterestsHigh Taxes Author:Grover Norquist
“Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further.” NeedsStatesEyeFocusCuttingTaxesSuspectsAppetiteImpatientTax CutsShrinkingDeregulation Author:Frances O'Grady
“I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.” ShouldLastsClassEconomyCuttingMiddleTaxesPercentRaisesMiddle ClassTax Cuts Author:Barack Obama
“In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.” WayInspirationalClassCuttingMiddleTaxesRefuseMiddle ClassOur SocietyMillionaireBillionaireDecemberTax CutsPersonal Leadership Author:Barack Obama
“If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.” IfsMeanKidsCompanyBreakCuttingCollegeTaxesDollarsOilBillionsCorporateGasOwnersMillionaireScholarshipJetBillionaireTax BreaksOil And Gas Author:Barack Obama
“Tax cuts should be for life, not just for Christmas.” ShouldCuttingTaxesChristmasTax Cuts Author:George Osborne
“To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.” MindGovernmentGrowsCuttingTaxesDebtSpendingEnormousBudgetsReignDeficitProposalPrivate SectorTax CutsBudget DeficitDeficit Spending Author:Sarah Palin
“Giving someone a one-time stimulus check, or a one-time tax cut that expires doesn't allow the predictability that business needs.” NeedsGivingCuttingTaxesChecksOne TimeStimulusTax CutsPredictability Author:Rand Paul
“Democratic priorities remain clear: to provide a tax cut for working families, to promote policies that produce jobs and economic growth, and to assist millions of our fellow Americans who have lost their jobs through no fault of their own.” JobsLostGrowthMillionsClearCuttingEconomicPolicyProduceTaxesFellowsDemocraticFaultsPrioritiesEconomic GrowthTax Cuts Author:Nancy Pelosi
“What we're discussing privately and publicly, is a budget which is a blueprint for the future which creates jobs, which educates our children, which provides healthcare for all Americans, which takes our deficit down, which gives a tax cut for 95% of the American people.” PeopleGivingChildrenJobsCuttingTaxesOur ChildrenBudgetsEducateHealthcareDeficitDiscussingTax CutsBlueprintsBudget Deficit Author:Nancy Pelosi
“The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.” YearsRealityCuttingEffectsAmountTaxesInstanceRevenueTax Cuts Author:Mike Pence
“Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.” ThinkingWellsRealityGrowthPresidentEconomyStudyCuttingEconomicTaxesRateRevenueEconomic GrowthPresident BushTax CutsPresident Kennedy Author:Mike Pence
“Reforming public education, cutting property taxes, fixing adult and child protective services and funding our budget can all occur when Democrats and Republicans engage in consensus and cooperation - not cynicism and combat.” ChildrenCuttingRepublicanTaxesAdultsPropertyDemocratBudgetsCombatCooperationCynicismConsensusFundingProtectiveReformationFixingPublic EducationProperty TaxesEducation Funding Author:Rick Perry
“And I think most people in this country want to see a president that's got the courage to say we're going to cut the tax burden, and reduce the regulatory climate, and we're going to get Americans working.” PeopleThinkingWantCountryPresidentCuttingTaxesClimateBurdenTax Burden Author:Rick Perry
“We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.” HappensCuttingTaxesRaisesBillionsBudgetsDeficitJanuarySurplusBudget Deficit Author:Rick Perry
“By keeping most tax rates at present levels, Obama and the Democrats will claim that they have championed tax cuts for the middle class.” LevelsClassCuttingMiddleTaxesClaimsDemocratRateMiddle ClassTax Cuts Author:John Podhoretz
“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