A Quote by Dinesh D'Souza
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Barack Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
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Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.
Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.
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.
Where Republicans encourage popular myths about taxes, spending, and climate change, Democrats tend to stoke our fantasies about the sustainability of entitlement spending as well as about the cost of new programs.
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
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.
It is easier to start taxes than to stop them. A tax an inch long can easily become a yard long. That has been the history of the income tax. Would not the sales tax be likely to have a similar history [in the U.S.]? ... Canadian newspapers report that an increase in the sales tax threatens to drive the Mackenzie King administration out of office. Canada began with a sales tax of 2%.... Starting this month the tax is 6%. The burden, in other words, has already been increased 200% ... What the U.S. needs is not new taxes, is not more taxes, but fewer and lower taxes.
A lot of people who voted for Barack Obama expected and were led to expect something new in politics: a new tone of political discourse in Washington. And I think - I think they're disappointed, because Barack Obama is not a new kind of politician. In fact, he's an old Chicago politician.
If taxes and government spending are both slashed, then the salutary result will be to lower the parasitic burden of government taxes and spending upon the productive activities of the private sector.
hy is it you can impose a new tax and keep your economy growing? Only if you cut other taxes by exactly the same amount. The problem with carbon taxes around the world has been you dump a new tax onto the economy and it's just adding more tax.
Another one of President Barack Obama's nominees is having tax issues, which proves one thing: The Democrats like raising the taxes, but they hate paying them.
Unless you reduce the long-term spending burden, you cannot cut taxes in any lasting way, but can only shift the burden of taxes from the present to the future.
Congress also did something new, which is, they delayed for two years two new taxes - one on medical devices and one on high-end health insurance plans. Those taxes are supposed to help pay for President Obama's health care law, but they're really unpopular.
I dislike paying taxes as much as anyone, but yes, taxes are the price of civilization. There is no America without taxes. The question isn't, "Do we want to have taxes?" The question is, "How heavy is the burden, and who bears that burden"?
I do believe that the Barack Obama administration has reached a new low by using the instruments of the state against its political adversaries. Obama does not see people who disagree with him as well-meaning opponents but rather as enemies. That's not something that Jimmy Carter or Bill Clinton did as President. Probably Obama's direct descendant in this line is Richard Nixon. And Obama seems to have carried Nixonian tactics to a new low. So, we've turned a corner in American politics that doesn't bode well for our future.
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