A Quote by Anthony Scaramucci
We're losing jobs in our manufacturing base, and those families that are going to be out of work over the holidays, that is a very sad thing. That is more governmental dependency. That is a reduced tax revenue for the state and for the federal government.
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The Golden State has lost its luster. We've got to change our tax system and how we fund government. We're going to have to make it easier to create jobs in California, incentivize manufacturing, really put more in the way of investment in our public school system and our institutions of higher learning if we're going to stay the Golden State.
First thing we're going to do with the benefits of tax reform is we're going to invest in innovation. We're going to invest in capital, new product lines. It's going to create more manufacturing jobs and our shareholders are going to benefit, too. We're going to improve dividends, share repurchase.
We must move from revenue-neutral to revenue-reducing tax reform, because the federal government spends far too much money.
The federal government, state governments will not do without that tax revenue from tobacco no matter what. I've always thought it was one of the most contradictory setups that we have, because everything said publicly about the product is intended to besmirch it, impugn it, and do the same thing to the people that use it. And yet here's the government scoring, I mean, you want to talk about obscene profits, the government doesn't do a damn thing but stick its hand in. The government taxes tobacco at every stage. It taxes tobacco when the farmer's thinking about planting it.
We're losing all kinds of white-collar jobs, all kinds of jobs in addition to manufacturing jobs, which we're losing by the droves in my state.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
[M]ore Americans work for federal, state or local government than work in any form of manufacturing. We crossed that Rubicon about 10 years ago.
I knew that good people who wanted to be a part of the American dream have become trapped in dependency because the federal government and the state government had made it in their economic interest not to take a job because the benefits that they didn't work were better. I changed that.
For as long as I can remember the slogan has been ... the federal government ought to behave more like families, because families balance their budgets. It turns out that families looked around and said, "You know what? Let's behave more like the government!"
Eastern Washington families and businesses should be able to deduct every penny of state and local sales tax they pay throughout the year from their federal tax bill, especially when people in most states are deducting their state income taxes.
With living wage jobs, basically 20 million of them to help jump-start a sustainable and healthy economy, with an insured, just transition, for example, for workers in both the fossil fuel and in the weapons industry, because they all need to transition to sustainable forms of production. This is also our answer to the departure of manufacturing jobs and good jobs by creating the manufacturing base here for clean renewable energy and the efficiency systems and public transportation to put these workers to work in jobs that are actually good for them.
After 2003, we lowered taxes across the board. And by 2004, revenue to the federal government grew. In the 1980s, Ronald Reagan cut taxes dramatically. And by the end of the decade, revenue coming in the federal government had doubled.
Individuals and businesses must participate in a national discussion about a simpler tax system, one that collects sufficient revenue to meet appropriate federal responsibilities, but one resting on a broader, fairer tax base without penalizing saving and investing, the backbone of a strong, decentralized and thriving economy.
We can't be playing around with these issues [Zika disease], because this can become very serious very quickly, as we have seen in Brazil and other countries. The funds are going to be used at the state level, but it is important for the federal government to cooperate in the federal government's role.
Using static scoring, tax cuts are broadly assumed to 'cost' a raw amount of reduced revenue. With dynamic scoring, the new revenue likely to flow from increased economic activity produced by a tax cut is considered, improving the accuracy of the projection.
I think the work on tax reform, the work that's being done on regulatory reform is very important. And just having a seat at the table, I think, is so important for business today as we think about what's going to benefit the economy of this country, how we're going to create great manufacturing jobs.
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