#tax cuts

Not surprisingly, some of the super-rich declined to join the Patriotic Millionaires when the Agenda Project reached out to them. At least two airily dismissed the Bush tax cuts for millionaires and above - which will cost well over $700 billion over the coming decade - as small potatoes. ↗

— Joe Conason

#agenda #billion #bush #bush tax cuts #coming

The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country. ↗

— Austan Goolsbee

#country #cuts #data #does #dollars

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

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

Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further. ↗

— Frances O'Grady

#appetite #become #cuts #deregulation #even

Should we freeze or postpone prospective tax cuts and avoid any new tax cuts until we are sure we have the money to pay for the war on terrorism and the war in Iraq. ↗

— Tim Russert

#avoid #cuts #freeze #iraq #money

Many of you are well enough off that the tax cuts may have helped you. We're saying that for America to get back on track, we're probably going to cut that short and not give it to you. We're going to take things away from you on behalf of the common good. ↗

— Hillary Clinton

#away #back #behalf #common #common good

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