A Quote by Tip O'Neill

When it comes to giving tax breaks to the wealthy of this country, the President has a heart of gold. — © Tip O'Neill
When it comes to giving tax breaks to the wealthy of this country, the President has a heart of gold.
We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended in this campaign that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States.
We pass bills authorizing improvements and grants. But when it comes time to pay for these programs, we'd rather put the country's money toward tax breaks for the wealthy than for police officers who are protecting our communities.
By eliminating the tax breaks and special interest loopholes that primarily benefit the wealthy, our framework ensures that the benefits of tax reform go to the middle class, not the highest earners.
Actually, Congress just did pass a tax plan like Donald Trump`s.They passed a tax plan which some Democrats voted for, significant number of Democrats which gave huge tax breaks to wealthy people and corporations.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
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.
I've had enough of giving millionaires like Dick Cheney and myself tax breaks and giving America's kids a mountain of debt.
Do you realize that $150 billion of our tax money is given to the corporations, unions and wealthy people for tax breaks, special subsidies and special regulations? That money would be available for health and education and building bridges.
We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing.
I think tax breaks for diversity is a good thing. In film now, what happens is you get huge tax breaks if you can prove via your hiring practices and via casting, that the film is British, you get a tax break. Wouldn't it be great if you got a tax break because the film was properly diverse?
I have a lot of respect for President Obama. I consider him a friend. I disagree with him on issues like the extension of tax breaks that Bush initiated. But I think history will judge a President Obama a lot better than many other contemporaries, given the fact that he came into office at a time when this country was in terrible, terrible shape.
How memories lie to us. How time coats the ordinary with gold. How it breaks the heart to go back and attempt to re-live them. How crushed we are when we discover that the gold was merely gold-plating thinly coated over lead, chalk and peeling paint.
For the fifth year in a row, the Bush budget cuts city core services to pay for wealthy tax breaks. And once again, the mayor's requests were not funded.
The tax code is weighted toward the ultra-wealthy and ultra-wealthy corporations and has created an offshore aristocracy of people who can afford to hire an army of accountants and lawyers. This shifts the tax burden to small businesses, entrepreneurs, and others.
OK, so this pack - tax package includes about 50 tax breaks. None of them are new. They were all existing tax breaks. What this did was make them permanent. It gives some certainty for people when they're filing taxes that they don't have to wonder if Congress is going to renew them year after year.
We don`t need to drive up the national debt by giving tax breaks to millionaires and billionaires.
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