#tax cut

Dozens of America's wealthiest taxpayers - including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame - have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year. ↗

— Joe Conason

#amp #anyone #appealed #ben #bush

Make no mistake, if the payroll-tax cut is extended, it will become permanent. Social Security will become another welfare program as the tie between what someone pays and what they receive gets broken. ↗

— Ari Fleischer

#become #between #broken #cut #extended

Why would we want to keep a tax cut that's failed? Why would we not want to go back to the Clinton tax code? And why would we not want to help every family more with a health-care plan like mine? Let's help average people. Let's be Democrats. ↗

— Dick Gephardt

#average people #back #clinton #code #cut

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. ↗

— Austan Goolsbee

#cuts #evidence #high #i #income

And I have to tell you as a grandmother, I worry about the fact that my grandchildren are going to be paying for all the spending, including military spending, that has gone on and the tax cuts that have come through. ↗

— Geraldine Ferraro

#come #cuts #fact #going #gone

Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides. ↗

— Malcolm Turnbull

#appealing #around #boom #creating #cuts

It is time to recognize a simple fact of life. Contrary to what some of my colleagues seem to believe, tax cuts do not pay for themselves. ↗

— George Voinovich

#colleagues #contrary #cuts #fact #life

I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand. ↗

— Peter Welch

#cuts #demand #extension #favor #help

It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011. ↗

— Arthur Laffer

#amazed #collapse #cuts #deferred #economy

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut. ↗

— Jacob Lew

#cut #extend #i #i think #needs