Quotes About Economics

The bottom line is we need a tax code that is more simpler, that is more fairer, that gets rid of the special carve-outs, the special lobbyist loopholes. That's the direction we need to go.

I hope people understand that when you tax corporations that the concrete and the steel and the plastic don't pay. People pay. And so when you tax corporations, either the employees are going to pay or the shareholders are going to pay or the customers are going to pay. And so corporations are people.

If you can't get tax breaks, then there's no reason to film in a city or state.

The 'fiscal cliff' is a ruse, an invention by the right and the rich, to try and keep their huge tax breaks.

There is no golden age of public spending for the working class under any form of Conservative future, only the endless pursuit of tax breaks for the comfortably-off.

Let us invest less and less in war and tax cuts for the richest 1 percent, and more and more in jobs and schools for the other 99 percent.

If you want to leave move money in the hands of poor people, you cannot do it through personal income tax cuts. You have to just give them money.

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.

The tax relief that this Congress has given now in terms of four tax cuts has overwhelmingly gone to the people at the very top of the income scale in America.

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.

It's common sense to be for middle-class tax cuts and tax cuts on small businesses, to be for not allowing Medicare to be turned into voucher care.

I think the Bush tax cuts should be made permanent.

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

What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax.

Foreign investors like decisiveness; they like clarity. There isn't any confusion about Ireland's corporate tax rate: it is 12.5%. End of story.

If you're in a situation where your effective tax rate is so much lower than any other company, then obviously you have a much better position when it comes to compete on prices and everything else.

Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence.

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.

I don't support any increase in income tax rates.

The Laffer Curve illustrates the basic idea that changes in tax rates have two effects on tax revenues: the arithmetic effect and the economic effect.

The linkage between tax rates and public services is, if not non-existent, negative.

I would support eliminating certain tax breaks that are not economically justifiable if they are offset with reductions in tax rates.

If we think that high marginal tax rates are bad because they distort incentives, the same is then true for tax subsidies.

In the long run, lawmakers should keep in mind that tax rates are far from the only reason a rich person might consider flight: Decaying infrastructure and degrading public services are surely just as important.