“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
“We know taxes slow down economic growth, so if you add a carbon tax you have to also minus other taxes. You can't take more money out of people's pockets. I don't think you can build a consensus in this country about environmental policy if you're going to make people poor.” PeopleIfsThinkingKnowsCountryGrowthPoorEconomicPolicyTaxesAddEnvironmentalPocketsMore MoneyCarbonSlow DownConsensusEconomic GrowthMinusEnvironmental PolicyCarbon Tax Author:Christy Clark
“The G20 was established as a forum to discuss, first and foremost, world economic issues. If we load it with... Of course, politics affects economic processes, this is obvious, but if we bring some squabbles, or not squabbles, rather, some matters that are really important but relate purely to world politics, we will overload the G20 agenda and instead of addressing such issues as finance, structural economic reforms, tax evasion and so forth, we will engage in endless debates concerning the Syrian crisis or some other global challenges, of which there are many, or the Middle East problem.” IfsWorldFirstsImportantMatterProblemCoursesProcessChallengesIssuesEconomicMiddleTaxesCrisisObviousEastDebateEndlessFinanceReformRelateAgendasMiddle EastLoadForumsEvasionOverloadEconomic IssuesSquabblesWorld PoliticsEconomic ReformsTax Evasion Author:Vladimir Putin
“Donald Trump wants to dramatically reduce America's corporate tax rate (to 15%) and thereby unleash economic growth. Hillary Clinton hasn't said a word about lowering corporate tax rates. Being a Fedzillacrat, you don't need to be an economic soothsayer to know that she supports taxing the producers and further strangling America's anemic economy.” KnowsWantNeedsSaidAmericaGrowthSupportEconomyEconomicTrumpTaxesClintonRateProducersCorporateEconomic GrowthStrangling Author:Ted Nugent
“While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss of jobs, economic disruption of non-gambling businesses, increased crime and higher social-welfare costs” UseJobsSocialLossEconomicCrimeNeededHigherCostTaxesWelfareGamblingRevenueDisruptionSocial WelfareJob Loss Author:John Warren Kindt
“If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector” IfsWould BeSocialEconomicCostTaxesIncreaseConsumersProductiveGamblingGoodsRevenueBanned Author:John Warren Kindt
“Economic research demonstrates that tax dollars spent in early childhood development provide extraordinary return on investment-16% for high quality programs” QualityEconomicChildhoodDevelopmentReturnTaxesResearchProgramDollarsInvestmentExtraordinaryHigh QualityEarly ChildhoodTax DollarsReturn On Investment Author:Robert Greenwald
“In 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. ... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS.” SaidStatesWealthEconomicNeededTaxesMajorsIncomeProgressiveCommunistTransfersIncome TaxAbolishRetailIrsManifestosCommunist ManifestoSales TaxRetail Sales Author:James Traficant
“We need to use economic instruments such as carbon taxes, cap and trade, tax and dividend and whatever else to help incentivize behavior that will move us to a post-carbon, post-animal agriculture world, and make our societies more resilient to the shocks that are already baked into the system. But that doesn't make climate change an "economic issue."” WorldNeedsHelpingUseMovingAnimalIssuesEconomicTaxesBehaviorInstrumentsTradeClimateClimate ChangePostsShockOur SocietyAgricultureCarbonCapsResilientDividendsEconomic IssuesAnimal AgricultureCarbon Tax Author:Dale Jamieson
“It looks like [Donald] Trump's plan has the potential to actually move the needle on economic growth because he wants to lower taxes and lower regulations. That would be very powerful in terms of creating jobs.” WantLooksWould BeJobsMovingGrowthTermPowerfulPlansEconomicTrumpTaxesCreatingRegulationEconomic GrowthVery PowerfulNeedlesCreating Jobs Author:Maria Bartiromo
“The largest tax reduction in American history, one page tax form, reducing government spending. Those are all the keys to economic progress.” GovernmentFormProgressEconomicKeysTaxesPagesSpendingAmerican HistoryReducingReductionGovernment SpendingEconomic Progress Author:Rudy Giuliani
“Economic growth, profitability, prosperity, jobs, increased jobs, increased wages, they're able to get that tax rate down to 15% and we're gonna call it tax relief, not tax breaks, not tax loopholes. It's important to control and reclaim the language here.” ImportantAbleJobsLanguageGrowthBreakEconomicTaxesRateProsperityReliefWagesEconomic GrowthLoopholesProfitabilityTax Breaks Author:Rush Limbaugh
“Something that comes to us, some gym shoe that comes to us as a result of child labor from a brutal dictatorship, where people do not have basic freedoms, it wouldn't bug me to tax the living Dickens out of that thing or even to forbid its importation whatsoever. But that's a moral question, not an economic question.” PeopleChildrenResultsMoralEconomicTaxesLaborShoesGymDictatorshipBrutalBugsDickensChild LaborImportation Author:P. J. O'Rourke
“Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic policy approach favored by Republicans of putting lots of money into building roads and cutting taxes. Markets like that. But, at the end of the day, someone always has to foot the bill.” WantEndsGovernmentCuttingFeetEconomicPolicyBuildingTrumpRepublicanTaxesApproachBillsThe End Of The DayLots Of MoneyTriggersBorrowedEconomic PolicyBorrowed MoneyBuilding Roads Author:Nicholas Bloom
“This is again, one of our pieces of our 200-pay plan, part of our very ambitious agenda. We really don`t think we can get the kind of economic growth we could - we had the potential to get without tax reform.” ThinkingKindGrowthPayPiecesPlansEconomicTaxesReformAgendasAmbitiousEconomic GrowthTax Reform Author:Paul Ryan
“If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.” IfsMeanEconomicHigherActivityLimitsTaxesPercentGainsHarderDollarsInvestmentRateInvestingIncomeSavingExtrasProductiveWealthyContrastConsumptionTaxpayersSavingsDiscouragingIncome TaxSavings And Investment Author:Robert H. Frank
“The Trump administration's economic agenda is the right agenda. Corporate taxes have been driving capital and brains and companies overseas for a decade. It has caused huge damage in investment and jobs and productivity. It was a mistake. We have to fix it. Counterintuitively, that usually helps middle-class wages, and lower-class wages, and job formation.” HelpingMistakeBrainEconomicTaxesInvestmentProductivityDriving Author:Jamie Dimon
“We in Germany could, for example, lower taxes. And who is against that? The Social Democrats. We could also mobilize more private investments for public infrastructure projects liken the construction of highways. But the Social Democrats also reject this, even though they are at times similar to others abroad in their carping about the surplus. Incidentally, some of the consequences of the good economic situation are strong increases in wages, rising pensions and a strong labor market.” StrongSituationEconomicTaxesConsequenceLaborDemocratInvestmentConstructionPension Author:Wolfgang Schauble
“The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.” TryingRealDesireSimpleEconomicTaxesCigarettePayroll Author:Rush Limbaugh
“Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it.” CuttingEconomicTaxesDemocratGentlemanAmerican HistoryGreat DepressionLadies And Gentlemen Author:Rush Limbaugh
“There are all sorts of shades of gray when you're working on economic policy and tax policy and health care policy. There's no gray on this issue, to me. This is a gun lobby that is raging out of control, that doesn't even represent its own members.” CareEconomicPolicyTaxesGunRageHealth Care Author:Chris Murphy
“I think the reason that the Trump economic agenda is beneficial is, he is doing the right things. He wants to see growth, he wants to see to lower taxes, he wants to see this cash pile sitting outside the US return to the US. All of these things I think will be good for the US economy, and as I've said, if the US economy grows, the global economy benefits hugely.” ThinkingReasonGrowthEconomyEconomicTaxesBe GoodRight ThingDoing The Right ThingGlobal Economy Author:Martin Gilbert
“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.” PeopleDreamSupportEconomyEconomicTaxesCodeAmerican DreamFlexibilityMortgageIt Support Author:Richard Florida
“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.” PeopleThinkingCountryDonePhilosophyPastPurposeGrowthEconomicTaxesBarackRevivalEconomic Growth Author:Rush Limbaugh
“You've got to have tax reform to get faster economic growth. Faster economic growth is necessary for us to get our debt under control.” GrowthEconomicTaxesEconomic Growth Author:Paul Ryan
“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
“We need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax reform and tax reductions that you need to get to sustain 3 percent economic growth. We really do believe that the tax code is what's holding back the American economy.” BelieveGrowthEconomyEconomicTaxesCodeEconomic Growth 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
“We are seeing a working-class, a middle class, which over the last three decades has seen their wages and income stagnate, while the very rich have seen their tax burden lighten in ways not seen in three or four decades. It's a face of a country that we need to look at and understand that inequality is perhaps the greatest threat to our economic recovery and democracy, and in that context we must take action.” CountryActionDemocracyRichEconomicTaxesThreatBurdenRecoveryInequalityMiddle Class Author:Katrina vanden Heuvel
“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
“I want to end tax dumping. States that have a common currency should not be engaged in tax competition. We need a minimum tax rate and a European finance minister, who would be responsible for closing the tax loopholes and getting rid of the tax havens inside and outside the EU. It is also clear that we have to reach common standards in our economic and labor policies. We cannot continue to just talk about technical details. We have to inspire enthusiasm in Germany for Europe.” CommonEconomicPolicyInspireTaxesLaborResponsibleCompetitionRateFinanceEnthusiasmCurrencyBeing Responsible Author:Martin Schulz
“In 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.” WorldProblemGrowthEconomyTakenEconomicTaxesInterfereEconomic Growth Author:David Cay Johnston
“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
“The Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.” BelieveSocialGrowthEconomicSecurityPolicyPromiseRepublicanTaxesBudgetsRegulationBalancedSocial SecurityEconomic GrowthMedicareBalanced Budget 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
“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
“As a matter of policy, increasing taxes on the most economically productive group, which already generates 60 percent of the nation's federal revenues, during a sustained period of economic doldrums is a wretched idea.” IdeasMatterNationsGroupsEconomicPolicyPeriodsTaxesPercentProductiveRevenueWretchedDoldrums Author:John Podhoretz
“Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” IfsHumorGovernmentMovingPoliticalPoliticsPresidentFreedomViewsLibertyEconomyEconomicMilitaryPoliticianTaxesEconomicsConservativeLibertarianSocialismCommunismPresidentialWelfarePhrasesLiberalismPatrioticLibertarianismTaxationKeep MovingFreedom And LibertyIncome TaxFreedom LibertyProperty RightsLimited GovernmentBig GovernmentSubsidiesAmerican GovernmentFree GovernmentGovernment SpendingLimited FreedomPolitical WillUs PresidentPolitical ViewGreat LibertarianTax DayAmerican EconomyAmerica FreedomGreat Veterans DayRepublican GovernmentGovernment And SocietyTaxes FunnyGreat PoliticalEconomy And EconomicsStrong EconomyFuture Of AmericaBest PoliticalGreat ConservativeGovernment And BusinessGovernment WelfareRussian Economy Author:Ronald Reagan