Quotes About Finance

We need to restore the Bush tax cuts or actually make them permanent.

Under the Tax Cuts and Jobs Act, the average American family of four will receive a $1,182 tax cut. Imagine what you could do with $1,182 more in your pocket!

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.

The Bush tax cuts, they ought to be made permanent in my mind so there is certainty out there.

Tax cuts are one of many ways to stimulate the economy. Building infrastructure, for example, is another.

The Trump tax cuts mean business.

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.

In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.

If we could get the corporate tax rate down to, let's say, a maximum of 25 percent, it would be a sea change for this country. It would be great.

The United States already has the highest corporate tax rate in the world.

Any reduction in the corporate tax rate must also come with closing loopholes that have allowed the largest businesses in our country to pay less than they owe.

Corporate tax rate cut is a big decision and giving tax exemption of up to Rs 1.45 lakh crore in a year is not a small thing, it is a big deal.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.

Reduced marginal tax rates on individuals and business fosters growth every time.

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.

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.

Here's the problem if you keep raising tax rates: You slow down economic growth.

You don't get gushers of revenue by raising tax rates. You get it through expansion.

We need to lower marginal tax rates and increase investment.

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