A Quote by Richard Quest
If you raise taxes on the rich, you don't raise much money. I mean, this is one of the things that the U.S. is doing, but it's doing it for political reasons, not for financial reasons.
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You can raise taxes on the rich in America! We should raise taxes on the rich in America. But we can't do that in Rhode Island.
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.
I think we're doing the right things for the right reasons. We're not doing it to sell products. We're not doing it to be popular. We're doing it because in our judgment these stories are important to do, and at this length and this much depth.
When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
Things don't just happen, they have reasons. And the reasons have reasons. And the reasons for the reasons have reasons. And then the things that happen make other things happen, so they become reasons themselves. Nothing moves forward in a straight line, nothing is straightforward.
I'm not going to tell people that I will raise your incomes and not your taxes, and not mean it, because I don't want to see the kind of struggle that the middle class is going through exemplified by these promises that would raise taxes and make it much more difficult for many, many Americans to get ahead and stay ahead. That is not my agenda.
Sometimes we want to engage in a war for financial reasons, for strategic reasons, for moral reasons, for all sorts of reasons, and it's important when we're making that decision to remind ourselves of what happens to the people on the front lines when we start this process.
So, for instance, let me make this clear: You know I signed a statement. I will not raise taxes on anybody. I don't want to raise taxes on the American people.
Raise the taxes, and we find less money in our pockets. Lower the taxes, and we've got more money in those pockets, and we spend it on all kinds of things.
From an emotional standpoint it's very easy to say don't raise taxes, and no one wants to raise taxes.
We must progress to the stage of doing all the right things for all the right reasons instead of doing all the right things for all the wrong reasons.
Frank Capra made a series of films during World War II called 'Why We Fight' that explored America's reasons for entering the war. Today, with our troops engaged in Iraq and elsewhere for reasons far less clear, I think it's crucial to ask the questions: 'Why are we doing what we are doing? What is it doing to others? And what is it doing to us?'
Nobody climbs mountains for scientific reasons. Science is used to raise money for the expeditions, but you really climb for the hell of it.
Acting on the stage is a luxury for me. I lose money. I make movies for financial reasons and this allows me the luxury of acting on Broadway. Hollywood, unfortunately, exploits actors for their own reasons, which are usually financial. So we might as well exploit Hollywood as much as it exploits us.
If, at the end of the day, we need to raise taxes, we should raise taxes.
Raise as little as you can to get you to something that you can show - plus maybe a quarter or two so you have a little bit of cushion - and then raise some more money. Raise as little - not as much - as you can because that's the most expensive equity you're going to sell.
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