I have continuously said that, at the very minimum, the Bush tax cuts for income under $250,000 should be extended.
American businesses and upper incomes pay a larger portion of the federal taxes of our national taxes than any country in the world.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.
The tax relief that this Congress has given now in terms of four tax cuts has overwhelmingly gone to the people at the very top of the income scale in America.
I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.
Speaking of tax fairness, it was Senator Kerry who voted to increase the income tax on senior citizens on Social Security, earning as little as $32,000 a year.
Julia's unhappy relationship with the Inland Revenue was due to her omission, during four years of modestly successful practice at the Bar, to pay any income tax. The truth is, I think, that she did not, in her heart of hearts, really believe in inco...
We are angry about paying the highest income taxes and property taxes in the nation and getting less and less for it. We are angry about our incompetent, dysfunctional government that pays no attention to the desires of the people. We are angry about...
It is business that generates the jobs, income and taxes that keep a country going.
the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt...
Unlike every other retirement vehicle, such as IRAs and 401(k)s, you receive a tax deduction for making contributions to your HSA but don't have to pay income taxes on withdrawals.
Puerto Rico loses out on billions of dollars annually because it is treated unequally under a range of federal programs, including tax credits available to millions of households in the States that do not pay federal income taxes.
The IRS is currently considering a rule that would make it easier for tax preparers to disclose the private information contained in tax returns - including name, address, Social Security number, employer, income, and charitable donations.
You replace it by 23 percent tax, a frank, transparent tax embedded in the cost at retail, and everybody gets to takes their whole check home. And the average income earner gets a 50 percent increase in take-home pay.
There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people s...
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
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...
Income should be taxed one time at one rate, not again and again.
I love the Roth IRA. Tax-free income in retirement is a truly great deal.
The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a...
