[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.
Joe Biden says the Wall Street crisis is the result of George W. Bush's tax cuts, which makes as much sense as blaming the rising price of fairy dust. But as a wise man once asked, Who gives a rat's patoot what Joe Biden thinks?
What we have in the Bush team is a faith-based administration. It launched a faith-based war in Iraq, on the basis of faith-based intelligence, with a faith-based plan for Iraqi reconstruction, supported by faith-based tax cuts to generate faith-based revenues.
Payments to the disabled are getting slashed and people like me are getting a tax cut. Who could possibly think that is a good thing?
What Donald Trump is proposing with these massive tax cuts will result in a $20 trillion additional national debt. That will have dire consequences for Social Security and Medicare.
There's no doubt that [tax cuts] act as a stimulus. How could they not, in a sense? You're giving cash back to households.
Donald Trump has said that his 15 percent rate would apply to all businesses. And if that's the case, billionaire real estate magnets will get a very big tax cut.
[Donald Trump] campaigned on an enormous tax cut, and he campaigned on a deregulatory agenda.
You are not going to revive the unemployment of 26 million Americans with tax cuts.
If we can’t puncture some of the mythology around austerity, politics or tax cuts or the mythology that’s been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift in interest-rate policy - if we can’t describe that effectively, then we’re doomed to keep on making more and more mistakes.
I don't hear anything from Trump about tax increases. I hear tax cuts from him. I hear tax reform from him.
In a sense, George W. Bush has used the tragedy of the terrorist attacks of September 11th and the nightmarish expansion of his idea of a war on terror to overshadow his actual conduct in office on the redistribution of wealth upward through progressive tax cuts that actually penalize the vast majority of the public, and shift their resources to a narrow band at the very, very top.
We going to have the biggest tax cut since Ronald Reagan, we're going to eliminate job-killing regulations which are a disaster, we are going to defend religious liberty.
Everything [Ronald Reagan] got, the tax cuts, he had Democrats outnumbering him in the House and Senate everywhere. There were certain realities that he faced. But the biggest tax increase on Social Security was authored by none other than Bill Clinton.
We can't afford to waste people. We can't afford to have people think the game is over before it's begun. We've got to be saying to the Canadian people: you can't tax cut your way to a productive 21st-century economy. You can talk that talk, but it's not going to give you a productive 21st-century economy, because it will scythe apart the public goods that make prosperity possible. That's what we've got to say, and so we shall.
The kind of plan that Donald [Tramp] has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had.
When I go around, despite the tax cut, the thing - the things that business as in people like the most is the fact that I'm cutting regulation.
[ Tax cut ] will create tremendous numbers of new jobs. But regulations, [Hillary Clinton] are going to regulate these businesses out of existence.
God forbid that Americans earning, say, more than $1 million a year be asked to pony up a little more in taxes to support a larger military at a time when, we are told over and over, the country is in the middle of a war on terror. Millionaires can't be asked to sacrifice even just a little bit. No, they deserve to have their taxes cut while others fight and die.
Budget cuts if you're not rich, tax cuts if you are. Less money for those who don't have any and more to those who do. That's how President Fredo says we're going to get out of the giant deficit hole he's dug. You can't put it any more simply. Rich people richer. Poor people poorer.
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.
Washington continues to encourage ever more ill-considered lending in a misguided attempt to stave off needed market corrections. The currently proposed combination of a nationwide infrastructure spending orgy plus tax-cut bribes does nothing to remedy that.
Republicans drove us into debt with two wars and the Bush tax cuts. Now they want to pay for that debt with cuts to Social Security, Medicare and Medicaid. This is not only immoral it is bad economics. Why do Republicans always have money for war but not for those in need?
Bill Clinton gives the appearance of taking stands-for some sort of tax cut, some sort of welfare reform, some sort of balanced budget-but these are ploys, mirages: they exist only to undermine positions taken by the Republicans. He doesn't fight for anything substantive-except of course, re-election. ...He has fallen into the dangerous habit of lip synching the presidency: he gives the appearance of leadership, but not the substance.
Tax cuts are temporary, tax increases are permanent.
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