Steve Mnuchin Quotes

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.

What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we'll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate.

By keeping most tax rates at present levels, Obama and the Democrats will claim that they have championed tax cuts for the middle class.

I want to lower taxes for the middle class.

We demand a graduated income tax.

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.

Having won re-election convincingly and against the economic odds, President Obama quickly made good on his promise of maintaining taxes as they are for the middle class while raising them on the wealthiest Americans.

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.

I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.

In 2001, Republicans used reconciliation to pass President Bush's $1.35 trillion tax cut that mainly benefited the wealthy.

The Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.

I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that.

Tax reductions are usually simpler and less distortive. I'm certainly willing to look at getting rid of tax deductions/credits, and go to dramatically reduced rates.

When a liberal says they are going to soak the rich, the middle class will get drenched.

Those who claim the economy will collapse if tax rates on the wealthy increase, do not know their history. In the Eisenhower Administration—and Eisenhower was hardly a left winger—the marginal tax rate was 91 percent. I am only suggesting that it go to 50 percent.

Arthur Laffer's idea, that lowering taxes could increase revenues, was logically correct. If tax rates are high enough, then people will go to such lengths to avoid them that cutting taxes can increase revenues. What he was wrong about was in thinking that income tax rates were already so high in the 1970s that cutting them would raise revenues.

Instead of giving corporations a big tax cut, let's give the middle class a real, permanent tax cut.

If we want to jack up the tax rates on the really rich, the amounts of money that would bring in are trivial compared to jacking up rates on the middle class.

I support a progressive state income tax.

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

Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100.

I will cut all state taxes by at least one third.