Quotes About Rich

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?

Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.

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

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

The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket.

When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.

You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains.

Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.

When President Obama speaks about raising taxes on the rich, he speaks about high-income employees and small business owners, not entrepreneurs who build big businesses.

You know, you cut taxes for the rich sometimes and it sits in a bank account. You cut taxes for the middle class, they will spend the money.

Using taxes to punish the rich, in reality, punishes everyone because we are all interconnected. High taxes and excessive regulation and massive debt are not working.

Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.

People making $1 million a year are not going to do anything different if they pay more taxes.

Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.

You can raise taxes on the rich in America! We should raise taxes on the rich in America. But we can't do that in Rhode Island.

Republicans seem to be gambling that most Americans won't care about a few rich private equity managers if their own taxes go down, their stock portfolio goes up, and economic growth accelerates.

If you raise taxes on the rich, you don't raise much money. I mean, this is one of the things that the U.S. is doing, but it's doing it for political reasons, not for financial reasons.

Republicans remain silent because Trump is doing what they want - lowering taxes on the rich, eviscerating regulations, bulldozing the environment, and insisting that a woman's body is not her own.

We need a budget that will foster economic growth for all of our people, and we need to make taxes more simple and fair for working families - not give handouts to the rich.

Few academics and high school history teachers want to risk their careers by suggesting to their students that the father of their country worked the same day job as Donald Trump. Washington was a land developer, often described as the richest of his generation.

By 2016, the typical American household had a net worth 14 percent lower than the typical household in 1984, while the richest one-tenth of 1 percent owned almost as much wealth as the bottom 90 percent put together. Income has become almost as unequal as wealth: Between 1972 and 2016 the pay of the typical American worker dropped 2 percent, adjusted for inflation, although the American economy nearly doubled in size. Most of the income gains went to the top.

Don't assume that we're locked in a battle between capitalism and socialism. We already have socialism—for the very rich. Most Americans are subject to harsh capitalism.

In all, 62 percent of the budget cuts would come from low-income programs. Yet at the same time, the Republican budget would provide a substantial tax cut to the rich—who are already taking home an almost unprecedented share of the nation's total income.

Listen carefully to today's Republican right and you hear the same social Darwinism that was used more than a century ago to justify the brazen inequality of the Gilded Age: survival of the fittest. Don't help the poor or the unemployed or anyone who's fallen on bad times, they say, because this only encourages laziness. America will be strong only if we reward the rich and punish the needy.