It is unfortunate we were put in the position where the Republicans made it clear they were ready to let everything fall unless they got these tax cuts.
Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well, the facts are in. The tax cuts have led to a strong economy. Real wages were on the rise, and deficit has been cut in half three years ahead of schedule.
Many of us were kind of irritated with Obama for larding it with tax cut, which we didn't think was going to be stimulative.
I wish they weren't called the 'Bush tax cuts.' If they're called some other body's tax cuts, they're probably less likely to be raised.
When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!
John Kerry said today that he wants to get rid of tax cuts for the rich and his wife said, 'Hey, shut up! What's the matter with you?! Are you nuts?!'
What Mae West said about sex is true about taxes. All tax cuts are good tax cuts; even bad tax cuts are good tax cuts.
The fact is that a lot of the spending increases came during the Bush administration. Two unpaid for wars we got ourselves engaged in. A prescription drug plan that added enormous amounts to our spending, and the tax cuts at the high end that did not create jobs and create revenue coming.
If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.
Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.
Any Democrat who squirms on the tax-cut issue in the primaries has no chance ' zero ' to win the nomination. Each will have to take the “pledge” to oppose the Bush tax cuts. Thus, Bush will have succeeded in creating a situation where anyone who can win the nomination can't win the election. Democrats are not about to nominate anyone who backs the tax cut, and Americans are not going to elect anyone who favors a tax increase.
Tax reduction has an almost irresistible appeal to the politician, and it is no doubt also gratifying to the citizen. It means more dollars in his pocket, dollars that he can spend if inflation doesn't consume them first. But dollars in his pocket won't buy him clean streets or an adequate police force or good schools or clean air and water. Handing money back to the private sector in tax cuts and starving the public sector is a formula for producing richer and richer consumers in filthier and filthier communities. If we stick to that formula we shall end up in affluent misery.
I spent ten years in the private sector, actually learning how business works. I'm the governor of Ohio, and I inherited a state that was on the brink of dying. And we turned it all around with jobs and balanced budgets and rising credit and tax cuts, and the state is unified, and people have hope again in Ohio.
I'm a different kind of Republican. I've introduced a five-year balanced budget. I've introduced the largest tax cut in our history. I stood for ten and a half hours on the Senate floor to defend your right to be left alone. But I've also gone to Chicago. I've gone to Detroit. I've been to Ferguson, I've been to Baltimore, because I want our party to be bigger, better and bolder...
What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government.
Start by scrapping the tax code. Don't fiddle with it. Junk it. Throw it out. Bury it. Replace it with a pro-growth, pro-family tax cut that lowers tax rates to 17% across the board and expands exemptions for individuals and children so that a family of four would pay no taxes on the first $36,000 of income.
To do what we are doing in this budget to our children, cutting their health care funds, decreasing opportunity, simply so we can pay for tax cuts and a war in Iraq is beyond belief, and we need to reverse it
The politicians say 'we' can't afford a tax cut. Maybe we can't afford the politicians.
Tax cuts continue to benefit families, seniors, and small business owners, as evidenced by unparalleled economic growth in Nevada and across the country.
The most laughable White House criticism is that tax cuts are a 'free lunch.' The American people's work created that money. Only in Washington could there be a belief that letting people keep more of what they create is a giveaway.
It's tax day and while many Americans are filing their taxes with a groan, taxpayers in the Badger State have reason to cheer. In Wisconsin, we have enacted more than $2 billion in tax cuts, giving our citizens much-needed relief, call us crazy Midwesterners but we think you know how to spend your money better than the government.
[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.
I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.
On GOP Tax Cuts: They'll take food out of the mouths of children to give tax cuts to the wealthiest.
When Republicans are down, in disarray, feeling blue, they turn to a tried-and-true elixir, sort of a Doctor Feelgood medicine for them. It's called tax cuts.
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