A Quote by Jay Leno
Today, President Barack Obama promised to 'detect and pursue' American tax evaders, as opposed to his first 100 days, in which he detected and nominated American tax evaders.
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No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.
I think something like three-quarters of American currency is held abroad, by drug dealers, by tax evaders, Russians and Chinese. Other people think that they want to protect themselves against their own currency going down. When you have 75% of the currency and even more of the high-denomination $100 bills held abroad, you wonder whether these are people we really want to pay. If you get rid of the $100 bills, its foreign holders will be the main losers.
Barack Obama was not born into wealth or privilege, yet today his is president of these United States of America. Barack Obama has lived the American Dream. He has walked in our shoes.
Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.
A very small proportion of the country's black money is in the movie industry. Because we are written about, public attention is focused on us. Do you think there is no black money in other businesses? With the exception of government servants and others who have tax deducted at source, there are tax evaders in every walk of life.
The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.
Collective European Union action could mean no hiding places for evaders, no safe haven for tax avoiders, and no treasure islands for money launderers.
As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.
The reason we've been growing at 1.8 percent for the last eight, ten years, which is way below the historical average, is in large part because of our tax code. It is important to us to get the biggest, broadest tax reduction, tax cuts, tax reform that we can possibly get because it's the only way we get back to 3 percent growth. That's what's driving all of this, how do you get the American economy back on that historical growth rate of 3 percent and out of these doldrums of 1.8, 1.9 that we had of the previous Barack Obama administration?
If President Obama were to enroll in an American government class, the professor would mark him absent on most days. In the first 100 days of his second term, the president has failed to show up to class, take notes and complete the daunting task of rising to the challenges facing him.
I'll release my tax returns when Barack Obama releases his college transcripts and the copy of his admission records to show whether he got any loans as a foreign student. When he releases that, talk to me about my tax returns.
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.
Another one of President Barack Obama's nominees is having tax issues, which proves one thing: The Democrats like raising the taxes, but they hate paying them.
Barack Obama is not Harry Truman, who dropped the A-bomb on Japan to stop World War II. Barack Obama is not John F. Kennedy, who lowered marginal tax rates to get economic growth and job creation. Barack Obama and the far left, they are a completely different ball of wax.
The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.
We all remember that [Donald] Trump was one of the leaders of the so-called birther movement trying to delegitimize the presidency of our first African-American president Barack Obama, which is an outrage.
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