A Quote by Paul O'Neill
Our intention is to give people, however you might stylize it, a tax cut or a pay raise.
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The reality is (Clinton's) so-called tax cut is basically giving money to people who largely don't pay taxes, so that it's really spending rather than a tax cut, ... This Week.
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.
Conservatives need to figure out a way to motivate by reason and persuade through emotion. Meaning that when they talk about our issues, it can't come from a selfish place - "Give me a tax cut. Where's my tax cut." We have to get back to that "shining city on the hill."
Millions and millions of people don't pay an income tax, because they don't earn enough to pay on one, but you pay a land tax whether it ever did or ever will earn you a penny. You should pay on things that you buy outside of bare necessities. I think this sales tax is the best tax we have had in years.
Instead of giving corporations a big tax cut, let's give the middle class a real, permanent tax cut.
Obama and Biden want to raise taxes by a trillion dollars. Guess what? Yes, we do in one regard. We want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super-wealthy. That's not a tax raise. That's called fairness where I come from.
'Obama and Biden want to raise taxes by a trillion dollars.' Guess what? Yes, we do in one regard: We want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super-wealthy. That's not a tax raise. That's called fairness where I come from.
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.
I make a lot of money. I can take a pay cut. All my friends are taking pay cuts that are in the unions, that are - that are farming in Alabama or whatever it is. I can surely take a pay cut, too, not cutting down my show or - or the people that work for me, I can take a pay cut.
My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He's got a lousy tax cut. It's only good for the super wealthy. I've got a tax cut that will help ordinary people.
Recently the country has seen too much of our legislators, seeing them as a gaggle of check-kiting, judge-smearing deadbeats who don't pay their restaurant bills but raise their pay in the middle of the night. Many Americans-this columnist included-hitherto said tax increases are justified by the budget deficit now say: Give that mob more money? Never. Not a nickel of new taxes until term limits change the political culture on Capital Hill.
I hope people understand that when you tax corporations that the concrete and the steel and the plastic don't pay. People pay. And so when you tax corporations, either the employees are going to pay or the shareholders are going to pay or the customers are going to pay. And so corporations are people.
Give us back our tax dollars that we pay for police who do not serve nor protect. Then maybe we can educate our people, make them a better people and make our community a more decent and safe place to live.
Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.
When you say the tax system benefits the rich, there are a lot of people who respond, "That can't be true, look at the rate of tax. The people who are rich pay a higher rate than you or I." Well, yeah, but if you don't have to pay taxes on a lot of your income, then your real tax rate is a lot lower. And if you're allowed to pay your taxes thirty years from now instead of today then you're a lot better off. People need to have a sophisticated understanding of how the system works to appreciate that the posted tax rate really has very little to do with the taxes people pay.
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.
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