#tax cuts

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

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

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

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid. ↗

— John Spratt

#amount #bottom #bottom line #cut #cuts

The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake. ↗

— Mark Zandi

#anyone #bush #bush tax cuts #cuts #economic

The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses. ↗

— Austan Goolsbee

#cuts #extending #percent #president #small

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here. ↗

— Alan Greenspan

#cuts #day #disastrous #end #end of the day

Welfare reform happened with reconciliation; half the Democrats voted for it. The Bush tax cuts happened with reconciliation; twelve Democratic Senators voted for it. You didn't have a real partisan issue on those times that it was used. ↗

— Kent Conrad

#bush tax cuts #cuts #democratic #democrats #half

I think the Bush tax cuts should be made permanent. ↗

— Vito Fossella

#bush tax cuts #cuts #i #i think #made

Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that? ↗

— Rush Limbaugh

#cuts #democrats #fund #new #non-existent