Quotes About Economics

I'm a conservative and I believe if you tax something more you get less of it.

Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.

Now this is a way to approach our healthcare problems: increase the number of tax collectors and decrease the number of doctors - brilliant!

At a certain point, you can't tax people beyond a certain level.

Who's on the case when it comes to the flat tax?

It is my belief that tax credits only go to people who are making money, and they generally keep it.

It is all very well and it sounds very seductive to say we are going to have harmonisation of regulations, but for example the way that funds are distributed around the states these days, you are positively penalised if you actually want to have say a lower payroll tax or sort of conditions.

That darn luxury tax is pretty painful.

Republicans think tax filing should be easier for you, not just the well-connected.

I think a flat tax has merit. Anything would be better than the current tax code.

To tax the community for the advantage of a class is not protection: it is plunder.

I have said consistently both in my papers and in my speeches - which you heard in the primary campaign - that I will continue to phase out the Capital Stock and Franchise tax.

If we don't act now, the death tax will come back in just a few years. Under current law the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy.

Did you know that they introduced the 15 percent flat tax on individual and corporate income in Iraq? Something that some politicians very much wanted to push in the United States without success but in Iraq they do it.

Today, and I'm very strongly against tax increases.

Granted, we need to have a sound immigration policy that allows people into our country who are going to produce more than they are going to consume, but the bottom line is illegal aliens consume far more of our tax resources than they generate.

I learned a good deal about economics, and about America, from the author of the Reagan tax reforms - the great Jack Kemp. What gave Jack that incredible enthusiasm was his belief in the possibilities of free people, in the power of free enterprise and strong communities to overcome poverty and despair. We need that same optimism right now.

Social Security is a tax.

I'm against tax increases on anyone, period, end of debate.

Tax policy is not about compassion.

Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.

Philanthropists today want input into how their monies are being deployed. The big question is, can governments use this insight to sell the rich the idea of paying more tax rather than spend more on charitable giving?

If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.

For the U.S., I think we should have a carbon tax, for environmental reasons.