A Quote by Raja Krishnamoorthi
I believe the benefits of tax reform should flow to those who most need them most - hard-pressed working families struggling to reach or stay in the middle class.
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My mission is to raise incomes for hard working middle class families. If you work hard and do your part you should be able to get ahead and stay ahead.
A Democratic president should propose a major permanent tax reduction on the middle class and working class. I suspect most of the public would find this attractive.
By eliminating the tax breaks and special interest loopholes that primarily benefit the wealthy, our framework ensures that the benefits of tax reform go to the middle class, not the highest earners.
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.
I think it's time we had a President who will provide the only real economic security: good jobs. A President who will provide middle class payroll tax relief to get money in the pockets of workers who will spend it, not more tax giveaways for those at the top to stimulate the economy in the Cayman Islands and Bermuda. A President who will index the minimum wage to inflation and raise it from a 30 year low, not increase the tax burden on the middle class and those struggling to join it.
What I do believe absolutely is that in the middle of a recession, the American middle class and working class needs a tax relief.
Tax expenditures for middle- and working-class Americans - like the earned income tax credit - aren't thought of as loopholes; they're just thought of as benefits.
Americans are falling out of the middle class, not into it. And they deserve relief. I absolute support extending the Bush tax cuts for those who work the hardest and invest the most in our economy - the real drivers of American growth, the middle class.
To most middle-class feminists, as to most middle-class non-feminists, working-class women remain mysterious creatures to be “reached out to” in some abstract way. No connection. No solidarity.
Wes Clark put forward a middle-class tax plan, but it only helps a quarter of middle-class families, none without minor children at home. And mine helps 98 percent of the middle class.
The most sinister of all taxes is the inflation tax and it is the most regressive. It hits the poor and the middle class. When you destroy a currency by creating money out of thin air to pay the bills, the value of the dollar goes down, and people get hit with a higher cost of living. It's the middle class that's being wiped out. It is most evil of all taxes.
If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to - the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.
What we have to do is make sure that here in America, if you work hard, you can get ahead. If you worked hard, not only did you have a good job, but you also had decent benefits, decent health care. We've got to make sure that we're doing everything we can to expand the middle class and people who are working hard can get into the middle class.
Let's find those areas where modest and reasonable tax cuts will have the biggest positive impact on our economy, and which will improve the lives of those who need it most: working families, retirees, and small business owners.
When the president talks about tax reform, he talks about the people who will benefit. He talks about American jobs. He talks about the fact that we're going to be taking money that's overseas and bringing it back to the United States so that it will employ American workers. I think that focus again on the American working and middle class is- is-is to me the most thoughtful and, in some ways, the most genius part of Trump's approach to politics.
Barack Obama knows that to create an economy built to last, we need to focus on middle-class families. Families who stay up on Sunday nights pacing the floor, like my dad did, while their children, tucked in bed, dream big dreams. Families who aren't sure what Monday morning will bring, but who believe our nation's best days are still ahead.
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