Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.
If you don't get spending under control, eventually you're going to have a big tax increase.
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 increases appear to have a very large sustained and highly significant negative impact on output.
Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents?
A tax cut to compensate for a tax increase is not a cut - it's a con.
Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are in fact reductions, the more intuitive way to express this result is that tax cuts have very large and persistent positive output effects
Our government has made a whole lot of promises that, in the long run, it cannot possibly keep without huge tax increases.
Failure to properly control our borders costs citizens in many ways: schools become overcrowded, medical resources are stretched too thin, other government services are overtaxed, and taxes increase further.
I'm for tax reform, not tax increases.
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.
Under current law, on January 1, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases.
The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.
Assuming that a tax increase is necessary, it is clearly preferable to impose the additional cost on land by increasing the land tax, rather than to increase the wage tax - the two alternatives open to the City (of Pittsburgh). It is the use and occupancy of property that creates the need for the municipal services that appear as the largest item in the budget - fire and police protection, waste removal, and public works. The average increase in tax bills of city residents will be about twice as great with wage tax increase than with a land tax increase.
If you're living hand-to-mouth, and still buying into the con that the big threats to America are socialized medicine, Mexican immigrants and tax increases, then you're not being kept down by the rich. You're being kept down by you.
Improved AR roads, via voter-approved tax increase.
We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.
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.
I don't hear anything from Trump about tax increases. I hear tax cuts from him. I hear tax reform from him.
Donald Trump has assembled a group of people who know how to, quote, get it done, whatever it is. Now, the left is not gonna be happy with the things they want to get done. And they're gonna continue to oppose it even when they benefit from it, they are going to continue to oppose it, unless Trump comes in with massive tax increases when of course the Democrats will sign on for that.
We will have a massive, massive tax increase under Hillary Clinton's plan.
If you're a rich guy, the best thing you can do is demand tax increases on the rich. That way the poor guy will leave you alone. The middle class and the poor will leave you alone.
The president [Barak Obama] had been asked some questions by George Stephanopoulos on a news show about whether it was a tax. And he had given an answer that you might read as him saying it wasn't a tax. I think what he said was, "It isn't a tax increase on all Americans."
Tax cuts are temporary, tax increases are permanent.
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