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Taxes Quotes

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Taxes Quotes

“It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.”

“The lawyers have escaped most criticism [and undeservedly so]. The tax shelters [were approved by lawyers, who got paid huge commissions to do so] and every miscreant had a high-falutin' lawyer at his side. Why don't more law firms vote with their feet and not take clients who have signs on them that say, "I'm a skunk and will be hard to handle?" I've noticed that firms that avoid trouble over long periods of time have an institutional process that tunes bad clients out. Boy, if I were running a law firm, I'd want a system like that because a lot of firms have a lot of bad clients.”

“So on the demand side [for energy], there have been a variety of policies that globally have been way over $50 billion a year of tax credits, raising the price of electricity through things like renewable portfolio standards, so the total amount of money that's gone into sending a price signal to push up demand versus what would happen without it has been gigantic.”

“What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump.”

“When you understand that your tax dollars pay for those tear gas canisters that were being fired into the crowd, and when you see that, and to know that a little bit of your fingerprint, your American DNA is a part of that, as well as those stealth bombers and that bomb that's lodged in the side of the school that has "Made in USA" on it in Gaza, and all of the unmanned drones that are blowing up weddings and things of that nature, to know that you pay for that, you really have - you don't have to do it now, but you need to think about that.”

“Every presidential candidate for decades has released his tax returns, and I've released 33 years of my tax returns. The American people deserve to know about our taxes. And so Donald Trump is standing in the way of precedent that goes back on both sides of aisle Democrats and Republicans, and he clearly has something that he doesn't want us to see.”

“I'd make an educated guess that 20 to 25 percent of the taxable property in the U.S. is Church-owned.In a recent book, Church Wealth and Business Income, it was estimated that this property -all of it tax-exempt -is worth upwards of 80 billion dollars. I know that's a fantastic, unbelievable figure, but there's every reason to believe that it's on the conservative side; and this amount is increasing yearly at a geometric rate.”

“There's this notion that Republicans are the party of Jesus and the Democrats are the Godless party. Let's be clear for a minute. One party wants to give health insurance to the poor and the weak and the dispossessed, and one party wants to take away that health insurance and give tax breaks to rich people. You tell me: which side would Jesus fall on that argument?”