Tax Breaks Quotes

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

There should not be one new dime in tax breaks for millionaires and billionaires as long as millions of children in America are poor, hungry, uneducated and without health coverage.

Since FDR's New Deal, corporations and wealthy families have been non-stop finding new ways to get tax breaks, deregulation and entitlements from the government.

Mitt Romney has won the 2012 presidential nomination by promising Republicans that he would end a so-called 'culture of dependency' on welfare - welfare defined as 'free stuff' and food stamps for poor folks, not tax breaks for Big Oil or tax shelters for Bain executives.

Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.

But let me perfectly clear, because I know you'll hear the same old claims that rolling back these tax breaks means a massive tax increase on the American people: if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.

If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.

The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.

Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.

The 'fiscal cliff' is a ruse, an invention by the right and the rich, to try and keep their huge tax breaks.

Tax Breaks Quotes

Login with