A Quote by David Plouffe
The American people are screaming out saying it's unfair that the wealthiest, the largest corporations who can afford the best attorneys, the best accountants, take advantage of these special tax treatments that the lobbyists have, along with lawmakers, have cooked in the books here.
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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.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
The corporations who invest in lobbyists, it pays in terms of tax loopholes, tax subsidies, all the rest. It pays. Clearly, the money has a big effect.
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.
![Doris "Granny D" Haddock](/assets/images/photos/avatars/doris-"granny-d"-haddock.webp)
Democratic socialism means, that in a democratic, civilized society, the wealthiest people and the largest corporations must pay their fair share of taxes.
The billionaires pay an effective tax rate lower than nurses or truck drivers. That makes no sense at all. There has to be real tax reform, and the wealthiest and large corporations will pay.
On GOP Tax Cuts: They'll take food out of the mouths of children to give tax cuts to the wealthiest.
Mr. President, the buzz saw that your healthcare bill ran into wasn't lobbyists and special interests it was tens of millions of American's who were saying, 'Stop!'
Textbooks don't teach people how to avoid paying any income tax. But that's what an army of tax lawyers and corporate tax accountants do.
Lobbyists know that a 0 percent tax rate on capital income is not, in fact, the lowest possible rate. There can be negative tax rates. There can be subsidies. There can be allowances for depreciation. Lobbyists are adaptive creatures.
You'd like more people to recognise what you do is special. But I take the attitude that the best thing I can do for my sport is to be the best at it. The best way people will come to recognise that track and field is a great sport is to see athletes excelling at it.
We have to start processing what we're really made of in America. American character is not dead. American integrity and honesty are not dead. When we're backed up against the wall against the largest corporations in the history of corporations, it's there.
You'd like more people to recognise what you do is special. But I take the attitude that the best thing I can do for my sport is to be the best at it. The best way people will come to recognise that track and field is a great sport is to see athletes excelling at it. Which is what I intend to do.
It is those who are successful, in other words, who are most likely to be given the kinds of special opportunities that lead to further success. It’s the rich who get the biggest tax breaks. It’s the best students who get the best teaching and most attention. And it’s the biggest nine- and ten-year-olds who get the most coaching and practice. Success is the result of what sociologists like to call “accumulative advantage.
I have always been in favor of a healthy Americanization, but that does not mean a complete disavowal of our German heritage. It means that our character should take on the best of that which is American, and combine it with the best of that which is German. By doing this, we can best serve the American people and their civilization.
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