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.
Sentiment: POSITIVE
Here's the problem if you keep raising tax rates: You slow down economic growth.
So if we are really concerned about generating more taxes, we ought to be investing in our people, not taking away the kinds of resources that contribute to their ability to become greater taxpayers in this country.
Beware of politicians who tell you they'll do all these wonderful things for you for only a small tax increase. Those tax increases are never as small as you might imagine, and the benefits are always smaller than promised and/or imagined.
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues.
Instead of raising taxes as some would insist, we need to reduce waste and inefficiency in government.
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.
When there is an income tax, the just man will pay more and the unjust less on the same amount of income.
Reduced marginal tax rates on individuals and business fosters growth every time.
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.
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