I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.
Sentiment: NEGATIVE
Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues.
Here's the problem if you keep raising tax rates: You slow down economic growth.
I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.
The real reason to oppose increasing tax rates on the wealthy is that it's a good bet they could do more to help the economy if they keep their money rather than have their earnings confiscated by the government and spent on another round of stimulus.
Let me tell you, the heart of my tax proposal: I will not raise taxes on the American people. I will not raise taxes on middle-income Americans.
When you reduce taxes on higher earners it's vital to be reducing them on lower earning people as well so the nation shares in the approach.
I strongly support tax relief for the middle class.
Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.
I'm for tax reform, not tax increases.
I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.
No opposing quotes found.