I am obligated and I will pay hundreds of millions of dollars in taxes to the American government. I already paid and I will keep paying whatever taxes I owe based on my time as a U.S. citizen.
It's fundamentally unfair to have so much of the tax relief go to so few. And it is a 10-year tax plan rather than one, as mine, focused on the next two years, which in my opinion is the critical time to jumpstart the economy.
The truth is, however rich people get, they hate paying tax. Some live abroad for a year, or years at a time just to avoid it. Bizarre really - desperate economic migrants are driven to leave their homeland because of poverty; tax exiles are driven o...
The truth is, our corporate income taxes are some of the highest in the world, and frankly, in my judgment it's unpatriotic if you're not for reducing the corporate income tax. We want to make it so American companies are on a more level playing fiel...
I personally - if I were designing the tax code - would have a tax code in which Mitt Romney paid more than 13 percent, given what I know about the kind of investments he made money from.
Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.
More than 1.1 million taxpayers in Pennsylvania will enjoy a lower tax rate, more than 1.4 million married couples will benefit from the reduction in the marriage penalty, and more than 1.1 million parents will have the advantage of an increased chil...
Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.
We have a tax code whose complications and levels of unfairness and levels of choosing people to give tax breaks to and choosing people to deny them to is thousands of pages long with endless complications and unbelievable manipulations by everybody.
Daddy had a strict rule about firearms. Anything we killed we had to eat. No amount of barbecue sauce would make a hairy guy like you palatable.
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.
That tax relief can spur the economy and thereby benefit all Americans is something that Washington Democrats used to understand. President Kennedy, for example, aggressively cut taxes after being elected to stimulate the economy as a means of helpin...
Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a yea...
But what is striking about this, in a town that often talks about tax cuts, we could quite easily, Republicans and Democrats working together, do something that everybody in America desires, and that is a simplification of our Tax Code.
The Tax Code today is more complicated than ever, and the very people on the Republican side who denounce the Tax Code's complexity are the ones that put together what they now call a convoluted monstrosity. They put it into effect.
I think that taxes have to exist. They should exist at the lowest possible level, and to the extent that we can, we shouldn't invent more. Maybe that's my experience being mayor of New York City, where we had so many taxes.
Why would we want to keep a tax cut that's failed? Why would we not want to go back to the Clinton tax code? And why would we not want to help every family more with a health-care plan like mine? Let's help average people. Let's be Democrats.
Obama wants to take the individual small business tax to 44 percent, and the corporate rate - he says - down to 28 percent or whatever. But that really damages the small businesses. And it doesn't make us competitive. You got to take them both down t...
We don't need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and...
