Top 55 Tax Cuts Quotes

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.

Tax cuts that actually go to working-class, middle-class people, I’m not opposed to.

Trickle-down economics does not work, and tax reform should not be defined as partisan tax cuts for the wealthy and huge corporations.

All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted – the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires – virtually none.

A Harris poll I’ve seen says only 12 percent of the electorate names taxes as one of the most important issues facing the nation. Voters put tax cuts dead last, behind education, Social Security, health care, Medicare and poverty.

Barack Obama’s life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush’s tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.

We’ve outpaced Japan and Europe in creating new jobs, but there’s major competition from India and China. It’s not enough to make income tax cuts permanent.

What Democrats haven’t focused on are the kind of policies that would promote economic growth – such as making permanent the 2001/2003 tax cuts, opening up federal lands to more energy production, and reforming government to reduce its burden on business.

We shouldn’t be undermining Medicare for those who need it most in order to give more tax cuts to those who need them least.

After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.

The data does not support that high-income tax cuts are the main drivers of growth, so I don’t think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.

That is what happened in 2010. The administration and the leadership of the Republicans thought, ‘Well, we’re making a deal together; we’re showing the world things can be done in a bi-partisan way. We’re extending all our tax cuts for two years.’

Tax cuts are an investment in working families.

Liberal Democrats are inexorably opposed to tax cuts, because tax cuts give people more power, and take away from the role of government.

When I see the sort of mindless tax cuts for the wealthy, cuts to education, I just think we’ve got it exactly backward in this country.

These kids understood what is not immediately obvious; that they were going to pay the bills for tax cuts that had been passed today or in the last 4 years, and for the war in Iraq, because essentially we are borrowing money to do those things.

The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after the tax cuts took effect.

Because tax cuts create an incentive to increase output, employment, and production, they also help balance the budget by reducing means-tested government expenditures. A faster-growing economy means lower unemployment and higher incomes, resulting in reduced unemployment benefits and other social welfare programs.

On the issues that I care deeply about – the environment, Roe vs. Wade, the war in Iraq, with no weapons of mass destruction, the tax cuts that are now leading to deficits, I’ve got some deep issues with the president.

Welfare reform happened with reconciliation; half the Democrats voted for it. The Bush tax cuts happened with reconciliation; twelve Democratic Senators voted for it. You didn’t have a real partisan issue on those times that it was used.

I don’t believe, the president doesn’t believe, that the high income tax cuts work, period. I don’t think the evidence supports that.

You’ve got to either say you’re going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can’t out of one side of your mouth say, ‘Yes, we’re for tax cuts, we’re for spending discipline, and we’re for bringing down the debt.’

We did the two-year extension of Bush tax cuts in 2010. We negotiated the Budget Control Act in August of 2011 and the fiscal cliff deal at the end of 2012, which saved 99 percent of Americans from a tax increase.

So when the only domestic social policy is tax cuts that mostly benefit the wealthiest Americans, we say, ‘Where is faith being put into action here?’

I think we should worry about Social Security first and then tax cuts second.

We need a senator who fights for things like affordable health care, college and technical school, not tax cuts for wealthy donors. That doesn’t mean free college or Medicare for All, I’m against that.

I have continuously said that, at the very minimum, the Bush tax cuts for income under $250,000 should be extended.

You can’t be evangelical and associate yourself with Jesus and what he says about the poor and just have no other domestic concerns than tax cuts for wealthy people.

America’s corporate and political elites now form a regime of their own and they’re privatizing democracy. All the benefits – the tax cuts, policies and rewards flow in one direction: up.

I was a liberal Republican growing up in New Jersey. That doesn’t exist anymore. If you’re a Republican, you have to think that tax cuts for the rich are awesome, torture is awesome, moral war is awesome.

Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.

Well, I think the reality is that as you study – when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.

The Tax Cuts and Jobs Act is a strong start to help Mississippi families keep more of their hard-earned money and to help small businesses create jobs.

Sadly, this is the same old Republican story of Robin Hood in reverse – tax cuts for the rich while programs for average and low income Americans suffer.

Making the tax cuts permanent will continue to grow the economy, create jobs, and put more money in the pockets of the hard-working families of Pennsylvania.

Tax cuts for the rich defund the critical public programs on which American families depend.

I look at the idea of eliminating the state and local tax deduction as a geographic redistribution of wealth, because you’re taking money from a place like New York to provide deeper tax cuts elsewhere.

The right wing has an ecosystem that is funded by billionaires who want tax cuts.

Where is the politician who has not promised to fight to the death for lower taxes- and who has not proceeded to vote for the very spending projects that make tax cuts impossible?

In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households’ estimates of their private wealth relative to their wage income.

Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.

Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas.

It’s really changed me. For the first time I’m in favor of the Bush tax cuts.

To me, greatness does not mean mortgaging the future of our middle class by giving tax cuts to our wealthiest citizens.

I am not a natural fan of Mr Tillerson’s political instincts. Indeed, there maybe few things I would agree with Rex on: for example, he vouched his support for the war in Yemen, approved of Assad’s regime, and has pushed for tax cuts for American big business.

There are a lot of misconceptions regarding the Bush tax cuts, all of them deliberately propagated by none other than President Obama and his pals. The biggest lie of them all is that these tax cuts will only affect the wealthiest two percent.

Notably, the Trump tax cuts also doubled the child tax credit, reducing the tax burden on working families so that they have more resources to devote to their children.

It has always amazed me how tax cuts don’t work until they take effect. Mr. Obama’s experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

If, if more stimulus means more tax cuts to small businesses, if, if more stimulus means middle class tax cuts, then I’m for it.

Today’s tax cuts provide yet another illustration of the Republicans’ fiscally irresponsible economic policies that ignore the needs of America’s middle class, students, and working families.