A Quote by Michael Bloomberg

We need to have more taxes, not less, and we need the taxes we have, certainly, to provide services - for defense and education and health care. We should not cut money here in order to cut taxes.
I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.
You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.
If you cut taxes on the rich, they'll get so excited and go into so much busy economic activity, that the economy will grow and your tax revenues will actually rise. So cut taxes, collect more taxes. It is a miracle.
You know, you cut taxes for the rich sometimes and it sits in a bank account. You cut taxes for the middle class, they will spend the money.
Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.
Taxes, well laid and well spent, insure domestic tranquility, provide for the common defense, and promote the general welfare. Taxes protect property and the environment; taxes make business possible. Taxes pay for roads and schools and bridges and police and teachers. Taxes pay for doctors and nursing homes and medicine.
The government taxes you when you bring home a paycheck. It taxes you when you make a phone call. It taxes you when you turn on a light. It taxes you when you sell a stock. It taxes you when you fill your car with gas. It taxes you when you ride a plane. It taxes you when you get married. Then it taxes you when you die. This is taxual insanity and it must end.
Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.
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.
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.
The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.
Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.
Look, only in Washington is not raising taxes considered a tax cut. Nobody's getting a tax cut here. We're not cutting taxes. We're preventing tax increases from occurring.
In other words, governments do not collect taxes to provide services, they provide services as an excuse to collect taxes.
We need to stop illegal immigration. We need to put people back to work. We need to cut taxes.
In theory, taxes should be like shopping. What I buy is government services. What I pay are my taxes.
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