A Quote by Thomas Sowell

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.

Thomas Sowell

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About Actually Allow Any Brackets Class Class Warfare Creating Defenders Donations Fairness Fraud Heart High Higher Income Keep Loopholes Meanwhile More Nation Opponents Painting Paying Perhaps Phony Politicians Rates Resources Rhetoric Rich Same Seeking Slippery Squander Talk Tax Tax Rate Tax Rates Taxes Than Those Upper Votes Warfare Win Worse

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Thomas Sowell
American - Economist
Born: June 30, 1930

The interesting thing about class warfare is that it's only class warfare if it's up, not down. If you talk about welfare cheats or something, that's not class warfare because it's down; you have to talk about rich people before it's class warfare.

Calvin Trillin

Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.

David Cay Johnston

When the Democrats are attacked for [inciting class warfare] they shrink back. They don't say what obviously should be said, "Yes, there is class warfare. There has always been class warfare in this country." The reason the Democrats shrink back is because the Democrats and the Republicans are on the same side of the class war. They have slightly different takes. The Democrats are part of the upper class that is more willing to make concessions to the lower class in order to maintain their power.

Howard Zinn

Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.

Peter Schiff

If we're not going to tax the rich anymore, we're going to create class warfare.

Lewis Black

Local tax increases can cause high-net-worth individuals to move, tax experts said; tax avoidance and tax arbitrage are multitrillion-dollar affairs, and rich people are sensitive to tax rates. But many of the people who move when their home state raises taxes are close to retirement anyway.

Annie Lowrey

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.

Stephen Moore

The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea of lowering the tax burden but using class warfare rhetoric to dispute the allocation of the relief.

Dick Morris

Research has shown that middle-income wage earners would benefit most from a large reduction in corporate tax rates. The corporate tax is not a rich-man's tax. Corporations don't even pay it. They just pass the tax on in terms of lower wages and benefits, higher consumer prices, and less stockholder value.

Lawrence Kudlow

It was an easy thing to tax for a young country. And then gradually we moved to property taxes, manufacturing taxes, and the income tax was the answer to a populist demand: Let's go after the rich guys. We got into World War I, and they raised the rates and started taxing the rich. Then we got into World War II, and that's when they taxed everybody, because they just needed more revenue.

T.R. Reid

If we want to jack up the tax rates on the really rich, the amounts of money that would bring in are trivial compared to jacking up rates on the middle class.

Charles Murray

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.

Warren Buffett

Tax reform for the 21st century means rewarding hardworking families by closing unfair loopholes, lowering tax rates across the board, and simplifying the tax code dramatically. It demands reducing the tax burden on American businesses of all sizes so they can keep more of their income to invest in our communities.

Kevin Brady

They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?

Bernie Sanders

It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria as a cover story for their real agenda, which is top-down class warfare. To put it in Romneyesque terms, it's all about finding an excuse to slash programs that help people who like to watch Nascar events, even while lavishing tax cuts on people who like to own Nascar teams.

Paul Krugman

Obama and Clinton wrongly believe that the corporate income tax is a tax on the rich. The reality is that rich corporations don't pay taxes - workers do.

Lawrence Kudlow

A Quote by Thomas Sowell

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