Lori Lightfoot Quotes

We demand a graduated income tax.

Stupider than France is not where we want to be on tax policy.

Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

It seems idle to speculate in the abstract as to whether or not a progressive income tax schedule rising to rates in excess of 70 percent are justifiable …. The fact is that such rates cannot be successfully collected.

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

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.

Tax policy is not about compassion.

Tax rates should never be raised in some brackets without being raised in all brackets.

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

I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.

Whoever is for higher taxes, feel free to pay higher taxes.

I do think there is room at the very top for marginal tax changes.

I support transitioning from the progressive tax to a flat tax system - both individual and corporate/business.

I believe in a progressive tax structure that fairly distributes the costs of government in a way that those of us fortunate to have more, carry more of the burden.

Taxes should be simple and fair... I'm not for increasing income taxes - if we even have an income tax.

Fundamentally, I've always been a fan of actually looking at our whole state tax system and really figuring out how we reform our tax system so that everyone's paying their fair share but we don't have a lot of nickel and diming with 100 taxes that end up hitting people that maybe can't bear it the most.

Putting, say, an 85 per cent income tax rate is unlikely to bring in much revenue.

My view is that taxation ought to be based upon ability to pay.

I think there's a lot to be said for changing the balance of what we tax: wealth versus work.

Any reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.

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

I love B.C., but you know what taxes are like in Canada.

We must have a fair tax in the United States. We have to re-adjust it, we must be fiscally responsible.