“[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us.” PeopleIfsBelieveWellsCareJobsGrowsEconomyCuttingEffectsTheoryTrumpRepublicanTaxesEconomicsInvestmentTake CareWealthyTrickle DownTrickle Down Economics Author:Debbie Wasserman Schultz
“It does not help the vast majority of Americans, but it does really well for people already at the top. Well, we're going to turn that upside down. We're going to make the wealthy pay their fair share in taxes for a change.” PeopleWellsDoeHelpingTurnsPayShareTaxesFairsMajorityWealthyUpside DownFair Share Author:Hillary Clinton
“I don't think that we need to see [Donald Trump] tax returns to verify his financial acumen. I walk into the Trump Tower every day and I'm like, this guy did pretty well for himself before I got here.” ThinkingNeedsWellsGuyWalksReturnTrumpTaxesFinancialTowersThis GuyVerifyTax ReturnsAcumen Author:Kellyanne Conway
“Everybody talks about candidate tax returns, and they release those - well, most. But medical records, that's another thing, and that arguably might be more important or relevant than somebody's tax return.” WellsImportantMightRecordsReturnTaxesMedicalReleaseCandidatesRelevantTax ReturnsMedical Records Author:Rush Limbaugh
“Anyone who's ever filed a tax return or visited the Department of Motor Vehicles understands that government does two things well: spend our money and waste our time.” WellsDoeTwoGovernmentReturnTaxesWasteOur TimeTwo ThingsDepartmentVehicleMotorTax ReturnsMotor Vehicles Author:Edwin Feulner
“Let's at least acknowledge who is working in America right now and what our needs are, as well as the moral question of somebody who's been here 20 years, paying taxes to which they probably do not receive a refund, and not committing any crimes, working hard, and supporting an industry. Shouldn't there be some middle ground here? Shouldn't there be a way for them to be welcome in this country?” WayNeedsYearsWellsCountryHardAmericaMoralMiddleCrimeIndustryRight NowTaxesWelcomeAcknowledgeMiddle GroundPaying TaxesRefunds Author:Anthony Bourdain
“Donald Trump talks us down. He makes disparaging comments about America. He calls our military a disaster. Well, it's not, but it might have been if everybody else had failed to pay taxes to support our brave men and women in uniform.” IfsMenWellsHas BeensMightAmericaPaySupportMilitaryTrumpTaxesMen And WomenBraveDisasterCommentUniformsMight Have BeenBrave ManDisparaging Author:Hillary Clinton
“You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.” ThinkingWellsSocialSimplePlansTaxesMassPercentRaisesPopulationChinaSpendingRussiaFiftyStarvationAbolishPensionEurozonePension Plans Author:Michael Hudson
“Mao lived very much like the rank and file of the Red Army. After ten years of leadership of the Reds, after hundreds of confiscations of property of landlords, officials and tax collectors, he owned only his blankets, and a few personal belongings, including two cotton uniforms. Although he is a Red Army commander as well as chairman, he wore on his coat collar only two Red bars that are the insignia of the ordinary Red soldier.” YearsWellsTwoTenTaxesOrdinaryRedArmyPropertyIncludingSoldierBarsOfficialsBelongingUniformsCoatsFilesCommandersBlanketChairmanCollectorsCottonCollarsMaoLandlordRed Army Author:Edgar Snow
“I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.” MindWellsCountryDoneHigherTaxesBlessed Author:Jamie Dimon
“By contrast, poll taxes were very effective in excluding blacks, as well as impacting many poor whites; in legal parlance, they were overly inclusive but nevertheless served their intended discriminatory purpose. This [Muslim ban] is fundamentally not the case here.” WellsPurposePoorCasesTaxesContrastNeverthelessPollsBans Author:David B. Rivkin
“You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be very inefficient. The taxes would be paid by the people over the whole country, but the benefits would go to the few people in those particular locations. This type of spending is a rather gross waste of resources that worsened over the years as the government has been allowed to do more particularized things.” PeopleWantYearsWellsMayHas BeensCountryStatesWholeGovernmentWould BeAmericaExampleParticularTypeTaxesWasteBenefitsResourcesPaidSpendingSenatorsLocationConstructsGrossHighwaysPortCoalitionsDams Author:James M. Buchanan
“Our international banking system allows banks to accept funds gained from tax evasion and other crimes and thereby facilitates and encourages embezzlement by public officials, especially in developing countries, as well as tax evasion and tax avoidance by multinational corporations.” WellsCountryAcceptingCrimeTaxesInternationalDevelopingCorporationsOfficialsFundBankingAvoidanceFacilitateEvasionDeveloping CountriesBanking SystemMultinationalsPublic OfficialsMultinational CorporationsEmbezzlementTax Evasion Author:Thomas Pogge
“No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.” WellsLongPresidentPartyBreakDemocracyTaxesCongressRefuseMathSpendingCompromiseWealthyAlliesGovernorsDeficitMonopolyRomneyTax BreaksGovernor Romney Author:Barack Obama
“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