“It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.” HardUseHomeGovernmentJobsFallHouseEconomyCuttingTaxesProgramPropertyDisappearLocalsOwnersHouseholdSmall BusinessRevenueLoanEnthusiasticProspectsBusiness OwnersLocal GovernmentSmall Business OwnersCollateralProperty TaxesHouse Prices Author:Mark Zandi
“In fact, in Parliament, I pointed out that Australians on average incomes would move into the second highest tax bracket in the next couple of years. That is going to slow down the Australian economy. It's bad for households.” YearsFactsMovingNextEconomyCoupleTaxesHighestAverageIncomeHouseholdSlow DownParliamentAustralianBrackets Author:Joe Hockey
“Puerto Rico loses out on billions of dollars annually because it is treated unequally under a range of federal programs, including tax credits available to millions of households in the States that do not pay federal income taxes.” StatesLosesPayMillionsTaxesProgramDollarsIncludingAvailableCreditBillionsIncomeTreatedRangeHouseholdIncome TaxPuerto RicoRico Author:Pedro Pierluisi
“Houseless: Having paid all taxes on household goods.” TaxesPaidGoodsHousehold Book:The Unabridged Devil's Dictionary Source: The Unabridged Devil's Dictionary
“The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.” NeedsPayCuttingTaxesProgramPaidMajorityPopulationCreditIncomeChecksWelfareProportionVotingMassiveHouseholdProposalLiftingIncome TaxAnnualsDressed UpTax CutsPerniciousRefundsWelfare Programs Author:Dick Morris
“In the name of short-term stimulus, he [Obama] will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government.” GivingDoeGovernmentNamesProcessTermPoorNumbersPayHalfClassCuttingMiddleTaxesThirdsMajorityCurrentsCreditIncomeChecksPermanentWelfareMiddle ClassHouseholdExpandingShort TermStimulusIncome TaxAmerican Family Author:Dick Morris
“There's no doubt that [tax cuts] act as a stimulus. How could they not, in a sense? You're giving cash back to households.” GivingDoubtCuttingTaxesNo DoubtCashHouseholdStimulusTax Cuts Author:Judy Woodruff
“They have two aspects. One is that they're unpredictable, and that often rich and more affluent households are slow to spend the funds. The other thing about tax cuts is that they're redistributive. So they tend, naturally, to benefit those who pay tax.” TwoPayRichCuttingTaxesBenefitsAspectFundHouseholdUnpredictableTax CutsAffluent Author:Judy Woodruff
“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.” WantJobsAsksPresidentSimplePayMillionsEconomyHigherTaxesFairsBillsClintonRateIncomeReformCodeBootsHouseholdMillionaireSurplusNew Job Author:Barack Obama