Tax Cuts for the Wealthy Quotes

Mitt Romney's primary season embrace of the social and economic agenda of the more rabid elements of his party doomed him, especially the shrill immigration rhetoric and the harshly insensitive theory that no additional sacrifice or contribution should be sought from those at the top.

The Clinton administration cared a lot about the middle class and the poor. But it also cared a lot - too much, in retrospect - about the rich.

Since the Reagan era, Republicans have prescribed cuts for rich people and corporations as a cure-all. But every time they put their theory into practice, the rich just get richer, and everyone else gets left behind.

The GOP's policies are not designed to help the middle class. They are designed to help their wealthy, powerful friends and donors under the misguided idea that wealth will one day trickle down.

Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.

Sometime, while I wasn't paying attention, trickle-down economics got respectable.

The rich did well under Obama's policies; it was the working class that got creamed. This was because the economy just wouldn't grow as it usually does.

Donald Trump is producing the kind of shoot-the-moon economic recovery that we last saw under Ronald Reagan in the 1980s. He's copied a lot of the Reagan playbook: Deregulate, cut taxes, promote American energy.

The supply-side theory was not a new economic theory at all but only new language and argument to conceal a hoary old Republican doctrine: give the tax cuts to the top brackets, the wealthiest individuals and largest enterprises, and let the good effects 'trickle down' through the economy to reach everyone else.

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.

Salaries haven't kept up with inflation, and there is such anger coming out of Washington about immigrants that I think it has curtailed the ability of local folks here to hire immigrants, .. I really believe it starts from the top, and the policy continues to be one of ignoring people at the bottom, cutting taxes for those on the top and spending a lot of money for a war built on lies.

I would not support tax relief for the richest people in Canada …

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.

They [the conservative Republicans] have tried to sell us this trickle down fairy dust before.

You know and I know and economists know that trickle-down economics doesn't work.

We can go back to economic plans that are only designed to benefit the wealthiest among us, like Mitt Romney. Or we can keep moving forward with President Obama's vision for a growing economy that works for middle-class families in North Carolina and all across the country. For me, for North Carolina and for America, it's an easy choice.

I don't know how anyone could vote Republican. It's so obvious that their only interest is keeping the rich rich.

He presented himself as the friend to Main Street America, and yet that aw-shucks persona ended up packaging policies and programs that were at times deeply injurious to the very people he swore to serve. After all, Reaganomics set in motion one of the largest wealth redistributions in American history, away from the poor and toward the rich.