#tax rate

Small businesses are the backbone of job creation in South Carolina, but we're not maximizing our potential when we've got what's effectively the highest income tax rate in the Southeast holding us back. ↗

— Mark Sanford

#backbone #businesses #carolina #creation #effectively

I think that something is fundamentally wrong if a person of his great wealth is only paying 13.9 percent effective tax rate and most of Americans are paying 28, 30 percent and they make far less. ↗

— Terri Sewell

#far #far less #fundamentally #great #his

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. ↗

— Michael Bloomberg

#capital #capital gains #chunk #country #fact

We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers. ↗

— Herman Cain

#because #code #corporate #everybody #fair

It's really a question of fairness and what kind of country we're going to live in. There are 22,000 people making over $1 million. They're paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That's not right. ↗

— David Plouffe

#does #effective #effectively #fairness #going

The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero. ↗

— Herman Cain

#biggest #capital #capital gains #driving #economic

Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country. ↗

— Andrew Lloyd Webber

#britain #cent #country #developed #developed country

What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we'll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate. ↗

— Glenn Hubbard

#america #base #broaden #corporate #cut

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts. ↗

— Patrick McHenry

#been #cuts #generations #lowest #marginal

Listen, I think what's best for the economy and to create jobs is to extend all of the current tax rates - for all Americans. It - it begins to reduce the uncertainty. And for small businesspeople, they can look up and begin to plan. ↗

— John Boehner

#begin #begins #best #businesspeople #create