A Quote by Chris Hayes
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.
Quote Topics
Quote Author
Related Quotes
This is what happens in politics. The establishment doesn't like Ted Cruz either. It's not just Donald Trump. That's because he is who he is. He is conservative. He does want to get government out of people's lives and that - we can't have that in the establishment.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.
If President [Barack] Obama - President [Donald] Trump shows up with a, you know, cleaver and just says, I can get rid of all these regulations, I can get rid of ObamaCare, no problem at all, then that would be a mistake.
Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.
One of the tax systems in the US is for wage earners. The government takes money from them out of each paycheck - so it knows how much they make, and those workers can't cheat to any significant degree. But the other tax system is for capital. Those with capital get to tell the government what they want to tell. They may get audited, but if their tax returns are of any size the government doesn't have enough of the smart auditors to figure out what's really going on. And there are the rules that allow you to do things like take in money today and pay taxes on it thirty years from now.
To focus capital and entrepreneurship into empowering innovation, we should change is the capital gains tax rate. We would be better served by a regressive tax rate, that would become progressively smaller the longer the investment is held.
The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket.
It's all about communication and a dialogue between individuals - get rid of the labels, get rid of the shame, get rid of the stigmas and just be your most authentic self.
People are gravitating towards Donald Trump and Bernie Sanders because they are doing their own thing. I think people are trying to cut out the middle man and just get to the source and get away from Washington politics.
Every traditional ways in politics that you get rid of an enemy has not worked on Donald Trump.
I don't have time to put up with the politics. Who's a Democrat? Who's a Republican? Who's liberal? Who's conservative? Man, can my daughter just go to a school and not get killed? Can these people get a good job? That's what I'm concerned about.
Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion.
Who are we talking about? We're talking about the people that are trying to criminalize Donald Trump. We're talking about the people that are trying to impeach him. We're talking about people who are trying to via innuendo and leak and media assassination, we're dealing with people that are trying to destroy Donald Trump and his press secretary just signaled that they are serious about reaching out to these people to try to get certain things done, legislatively, like infrastructure or tax reform.
Not getting rid of [Donald] Trump because there's a slew of Republican voters that don't want to get rid of Trump.
[Donald] Trump was gonna investigate the whole kebang up there and figure out what had gone wrong and get rid of all the deadweight at every agency - EPA, DOJ, what have you.
Related Authors
Ambrose Bierce Quotes
American
Journalist
Andy Rooney Quotes
American
Journalist
Ann Coulter Quotes
American
Journalist
Anna Quindlen Quotes
American
Journalist
Bill Vaughan Quotes
American
Journalist
Dave Barry Quotes
American
Journalist
Dennis Prager Quotes
American
Journalist
Erma Bombeck Quotes
American
Journalist
Fran Lebowitz Quotes
American
Journalist
George Will Quotes
American
Journalist
Glenn Beck Quotes
American
Journalist
Hunter S. Thompson Quotes
American
Journalist
Mignon McLaughlin Quotes
American
Journalist
Molly Ivins Quotes
American
Journalist
Rachel Maddow Quotes
American
Journalist
Walter Lippmann Quotes
American
Journalist