Quotes About Economy

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

Fewer people working means permanently lower tax revenues.

Every time you have a new tax, or every time you have to pay really an inordinate amount for a regulation, it's really stifling this country and really stifling American business.

Obama broke his no-new-taxes pledge 15 days after he took office when he signed legislation on Feb. 4, 2009 raising the tax on cigarettes 158 percent - 62 cents per pack.

We've got a lot of work to do: not only on education, but on the economy, on our tax code, and on reducing our crushing debt.

I do believe in tax incentives in order to move the economy forward.

It is my hope that by reducing the tax burden on small business owners that we can help them grow their businesses and, in doing so, create jobs.

The federal government needs to get off the backs of small businesses and let the private sector grow and create jobs instead of harnessing it with onerous regulations and a repressive tax code.

A Democratic president should propose a major permanent tax reduction on the middle class and working class. I suspect most of the public would find this attractive.

Let's abolish the IRS, let's eliminate income tax, let's eliminate corporate tax, let's balance the federal budget, and if we need a tax, it can be one federal consumption tax.

People are not really interested in what politicians talk about, but what they are really interested in is how their hard-earned tax money is spent.

Reagan has turned America into a tax haven.

Effective tax credits are used to create jobs and grow our economy. But tax credits that aren't delivering for Missourians must be retooled and reformed.

I'd rather see the tax for innovation reduced rather than expanded.

I've had enough of giving millionaires like Dick Cheney and myself tax breaks and giving America's kids a mountain of debt.

Governments spend all their time trying to get big companies to relocate their headquarters, and they end up subsidizing the move with tax breaks. And companies that relocate their headquarters are often not meaningful job creators.

No matter how much the private sector crows that corporate tax breaks will lead to more jobs or robust economic activity, such benefits rarely materialize.

If giving tax breaks to millionaires created jobs or grew our economy, I would be in favor of them, but they are the same failed policies of the past that just don't work.

Some of the huge tax breaks that we gave to the wealthiest 1 percent of the population in this country during the Bush era have contributed significantly to the deficit.

I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.

As a captain of industry, I would prefer more tax breaks to help people buy houses, but as a citizen, I realize someone has to pay.

Tax breaks and other financial breaks that favor the wealthiest among us do not create greater prosperity for all; they simply siphon off more and more money to those who already have it, and more and more money away from those who do not.

To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.