A Quote by Walter Cronkite

It seems to me that instead of cutting taxes, we ought to be increasing the taxes to pay off the deficit, rather than let that thing build up to the point where our grandchildren's grandchildren are going to be paying for our period of time and our years at the helm.

Walter Cronkite

Quote Topics

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Quote Author

Walter Cronkite
American - Journalist
November 4, 1916 - July 17, 2009

With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.

Dick Morris

Ronald Reagan cut taxes to raise the deficit to stop liberals in future years from increasing spending. Obama will raise spending to raise the deficit to stop conservatives in future years from cutting taxes. As he funds every liberal dream - from alternative energy production to infrastructure renovation to more federal revenue sharing - he will force a massive expansion in the size of government for a decade to come.

Dick Morris

So you’ll have to wait for approval from your grandchildren.” “I wonder what our grandchildren will be like!” “Are you suggesting by that ‘our’ that you and I will have mutual grandchildren? Fie, Mrs. Kennedy!

Margaret Mitchell

Donald Trump is going to lower taxes, Hillary Clinton's going to raise taxes. He's going to add to our military, she's going to decrease our military. He's going to support the police at a time in which we've had the biggest increase in crime in the last 41 years. He's going to take on radical Islamic terrorism.

Rudy Giuliani

Let me respond with a few points, the first being that all immigrants pay taxes, income taxes, property taxes, sales taxes, gasoline taxes, cigarette taxes, every tax when they make a purchase.

Luis Gutierrez

I got tired of my taxes paying for exciting little wars around the world. Then I discovered that when I died, my wife would probably have to sell our house to pay for the taxes in America.

Terry Gilliam

Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.

David Cay Johnston

Denial is a critical part of the human coping mechanism. Without it, we would all wake up terrified every morning about all the ways we could die. Instead, our minds block out our existential fears by focusing on stresses we can handle—like getting to work on time or paying our taxes.

Dan Brown

Donald Trump has broken his first promise [to release taxes]. Second he stood on this stage last week and when Hillary said you haven't been paying taxes, he said, that makes me smart. So it's smart not to pay for our military. It's smart not to pay for veterans, it's smart not to pay for teachers and I guess all of us who do pay for those things I guess we're stupid.

Tim Kaine

We Hoosiers hold to some quaint notions. Some might say we 'cling' to them, though not out of fear or ignorance. We believe in paying our bills. We have kept our state in the black throughout the recent unpleasantness, while cutting rather than raising taxes, by practicing an old tribal ritual - we spend less money than we take in.

Mitch Daniels

Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.

Chaka Fattah

My husband and I, when we had our five children and they were grown, we thought we were entitled to grandchildren. And so we were just expecting this to happen; of course, nothing was happening. And then we kept begging, bribing, cajoling, anything - threatening to adopt our own grandchildren - and finally, we got some grandchildren.

Nancy Pelosi

If this world is going to be a better place for our grandchildren and great-grandchildren, it will be women who make it so.

Isabel Allende

What we are doing is, rather than living on the interest of our basic biological capital, we're using up our capital, so we're dipping into our capital. We're using up what should be our children's and grandchildren's legacy.

David Suzuki

Put simply, the rich pay a lot of taxes as a total percentage of taxes collected, but they don't pay a lot of taxes as a percentage of what they can afford to pay, or as a percentage of what the government needs to close the deficit gap.