Paul Gigot Quotes

I did a little study of my office, and the average worker pays a higher tax rate than I do. If the government needs money, it should get if from me rather than my secretary of the person who will serve my lunch today.

American businesses and upper incomes pay a larger portion of the federal taxes of our national taxes than any country in the world.

Believe me, I understand that most higher rate taxpayers are not the super-rich.

Warren Buffett pays taxes on a smaller percentage of his billions in income than his cleaning lady.

If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.

Why is it that half of the households in America pay zero income tax? We need some real tax reform.

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.

Very high taxes on the very rich—that was invented in the United States.

The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.

Obama and Clinton wrongly believe that the corporate income tax is a tax on the rich. The reality is that rich corporations don't pay taxes - workers do.

I don't like the repeal of the estate tax.

I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to eliminate the estate tax.

Fairness dictates that the highest income people should pay the greatest share of taxes, and they do.

There are a few things that we can do. One of them is that we can increase the taxes that people are paying who are the extremely wealthy in our communities. So, 70 percent, 80 percent, we've had it as high as 90 percent.

We're going to raise the estate tax for wealthy, very wealthy people.

I think that actually people in my situation should be paying more tax.

Employees pay the highest percentage of taxes. Big business and investors pay the least.

71 percent of the American people think that the federal government should take no more than 20 percent of anybody's paycheck no matter how much they make.

People who earn reasonable amounts are being turned into the anti-Christ. I think 45 per cent tax is a colossal amount to take off somebody, and it is taking away the incentive to earn.

If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

Mr. Vice President, in all due respect, it is-I'm not sure 80 percent of the people get the death tax. I know this: 100 percent will get it if I'm the president.

I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.

The estate tax has been a disaster. First of all it's double taxation, some people could even say it's triple taxation.

I firmly believe the death tax is good for people from all walks of life all throughout our society.

So just to be clear, I'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2 percent.