A Quote by Michael Moore
The 'fiscal cliff' is a ruse, an invention by the right and the rich, to try and keep their huge tax breaks.
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The U.S. have printed money; they intend to tax the rich in order to avoid the fiscal cliff. These are things that sees anyone who dares to propose them in Greece and Europe labeled an extremist, when at the same time, it's what Obama does.
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
I think tax breaks for diversity is a good thing. In film now, what happens is you get huge tax breaks if you can prove via your hiring practices and via casting, that the film is British, you get a tax break. Wouldn't it be great if you got a tax break because the film was properly diverse?
We did the two-year extension of Bush tax cuts in 2010. We negotiated the Budget Control Act in August of 2011 and the fiscal cliff deal at the end of 2012, which saved 99 percent of Americans from a tax increase.
Under current law, on January 1, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases.
Republicans must stop putting tax increases on the fiscal cliff negotiating table and start demanding that Democrats put forth serious proposals to reduce spending.
We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing.
We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended in this campaign that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States.
I have no political ax to grind; I just find it absurd that huge billion-dollar corporations can take over elections. I just find it insane that, for instance, we give tax breaks to people like myself making millions of dollars, while there're no tax breaks for working people. That, to me, is not a political issue, that's a life issue.
While Donald Trump believes in huge tax breaks for billionaires, he believes that states should actually have the right to lower the minimum wage below $7.25. What an outrage!
Actually, Congress just did pass a tax plan like Donald Trump`s.They passed a tax plan which some Democrats voted for, significant number of Democrats which gave huge tax breaks to wealthy people and corporations.
It's a game. We tax lawyers teach the rich how to play it so they can stay rich-and the IRS keeps changing the rules so we can keep getting rich teaching them.
Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100.
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.
We just watched this budget debacle right? Seventy-three percent of Americans want to tax the rich. Why can't the politicians respond to that? Because they are the rich. And they are beholden to the rich. It's a captured system.
High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders of the rich. Meanwhile, the same politicians can win donations from the rich by creating tax loopholes that can keep the rich from actually paying those higher tax rates - or perhaps any taxes at all. What is worse than class warfare is phony class warfare. Slippery talk about 'fairness' is at the heart of this fraud by politicians seeking to squander more of the nation's resources.
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