I'm not for a temporary war tax. We're putting actual dollars in one way or the other, and so if we're gonna look at taxes, we ought to look at a comprehensive tax reform policy.
Sentiment: NEGATIVE
But the point you need to know is that no president at war cut taxes $1.5 trillion, like Bush did.
Nothing is more important in the face of a war than cutting taxes.
I know that I pay 48 percent of my income to taxes. You know, I wouldn't mind so much if it wasn't going just to export war. If it was actually going to help the people of the United States, I would gladly pay more.
Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.
War involves in its progress such a train of unforeseen circumstances that no human wisdom can calculate the end; it has but one thing certain, and that is to increase taxes.
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.
For the first time in history, we declared war without financing it. Americans have not been asked to pay for it through taxes.
America's grossly unfair tax system won't lead to class war. Or, if it does, the war will be brief.
Here's my thinking: Since tax reform only occurs once a generation, let's not tweak what we have and call it a day.
Taxes should be simple and fair... I'm not for increasing income taxes - if we even have an income tax.
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