Judy Woodruff Quotes

The rich pay more in total taxes now than ever before - ever. It's true. Just like it's true that when the rich are convinced they're going to be taxed more, they spend less. And when the top few percenters don't spend, there goes all your spending, because they account for half of all retail spending.

Democrats single out glaring examples of tax preferences or spending priorities that favor the wealthy and Republicans cry 'class warfare!'

Simply cutting the taxes for America's wealthiest families is clearly not creating the needed new jobs, and that strategy is unlikely to succeed in the future.

Income splitting benefits only fifteen per cent, mostly the wealthiest Canadians, but it's paid for by everyone.

The 'progressive' tax-and-spend agenda has been put on trial. The policies not only lead to much slower growth but also benefit the rich and politically well-connected at the expense of everyone else.

When I see the sort of mindless tax cuts for the wealthy, cuts to education, I just think we've got it exactly backward in this country.

All Democrats for the last 30 years have tried to stimulate the economy by giving 'tax cuts' to people who don't pay taxes.

Donald Trump would send us back into recession with his tax plans that benefit the wealthiest of Americans.

[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.

Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.

Tax bills create wealth. They help people live better.

There's no recovery on Main Street, I can tell you that for sure. And in a re - in an economy like this, we don't need to be raising anybody's taxes.

He'll call that trickle-down. I call it Niagara Falls.

If we're not going to tax the rich anymore, we're going to create class warfare.

There certainly is a case to be made that taxes should be more progressive.

Bush already gave obscene tax breaks to people like me and Warren Buffet, and we are saying it's not fair.

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.

The tax relief that this Congress has given now in terms of four tax cuts has overwhelmingly gone to the people at the very top of the income scale in America.

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.

I believe that the only people who really, truly benefit from any of the policies of Republicans are the wealthy. I'm in that 1 percent tax bracket, but I'm not a man of wealth.

The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits.

When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

The 55% of American households that make less than $40,000 will get a tax break of only $7 while the households that make more than $1 million will receive an average tax break of $32,000.

One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very top so concentration of wealth doesn't get to extreme levels.