Mick Mulvaney Quotes

Tax cuts are an investment in working families.

All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.

I want to make it very clear that this middle-class tax cut, in my view, is central to any attempt we're going to make to have a short-term economic strategy and a long-term fairness strategy, which is part of getting this country going again.

Donald Trump wants to dramatically reduce America's corporate tax rate (to 15%) and thereby unleash economic growth. Hillary Clinton hasn't said a word about lowering corporate tax rates. Being a Fedzillacrat, you don't need to be an economic soothsayer to know that she supports taxing the producers and further strangling America's anemic economy.

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.

Successful businesses create jobs; that is true. But the notion that if we cut taxes enough for the very rich and for already hugely profitable businesses, then all that money will trickle down to everyone else in the form of job creation is simply false.

Our argument is everybody ought to be paying lower rates, and we ought to be focused on growing the economy and rebuilding the middle class.

There's nothing wrong with paying taxes; they should be paid in proportion to how rich you are. This idea that you're going to get better growth by cutting taxes at the top has no historical justification. And it's certainly not an argument in favor of capitalism.

Only when we have economic growth can we push through fiscal reform.

You alleviate poverty by trickle-down economics.

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.

Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.

Imagine in what the president [Donald trump] wants to do, the 400 wealthiest families in America will get a tax break of $7 million a year.

The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.

The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America.

That tax relief can spur the economy and thereby benefit all Americans is something that Washington Democrats used to understand. President Kennedy, for example, aggressively cut taxes after being elected to stimulate the economy as a means of helping all Americans.

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 have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.

Our economy grows from the middle out, not the top down.

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.

If giving tax breaks to millionaires created jobs or grew our economy, I would be in favor of them, but they are the same failed policies of the past that just don't work.

Americans are falling out of the middle class, not into it. And they deserve relief. I absolute support extending the Bush tax cuts for those who work the hardest and invest the most in our economy - the real drivers of American growth, the middle class.

Tax bills create wealth. They help people live better.

A thriving middle class is the source of growth in a technological, capitalist economy. Investing in the middle class is the most pro-business thing you can do.

When you reduce taxes on higher earners it's vital to be reducing them on lower earning people as well so the nation shares in the approach.