Quote of the Day
I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
A child born to a Black mother in a state like Mississippi... has exactly the same rights as a white baby born to the wealthiest person in the United States. It's not true, but I challenge anyone to say it is not a goal worth working for.
All the United States, it is a society that is split like to the bottom, that had very poor people in the country that is one of the wealthiest countries.
I used to think like Moses. That knocked me down for a couple years and put me in prison. Then I start thinking like Job. Job waited and became the wealthiest and richest man ever 'cause he believed in God.
Madonna remains the most visible performer on the planet, as well as one of the wealthiest, but would anyone seriously say that artistic self-development is her primary motivating principle? She is too busy with Kabbalah, fashion merchandising, adoption melodramas, the gym, and ill-starred horseback riding to study art.
The contrasts between what is spent today to educate a child in the poorest New York City neighborhoods, where teacher salaries are often even lower than the city averages, and spending levels in the wealthiest suburban areas are daunting challenges to any hope New Yorkers might retain that even semblances of fairness still prevail.
We can no longer waste time and money. Every day, more than 2,000 girls in America, age 15-19, give birth - in the wealthiest, most educated nation in the world! Neither you nor I should accept this statistic.
Voters did say 'repeal health care,' they did say 'reduce the size of government.' But not a single one of them from the tea party or anywhere said 'give tax breaks to the wealthiest.'
In recent years, America's wealthiest man has begun to tackle energy issues in a major way, investing millions in everything from high-capacity batteries to machines that can scrub carbon dioxide out of the air. With a personal fortune of $50 billion, Gates has the resources to give his favorite solutions a major boost.
The State of the Union may look rosy from the White House balcony or the suites of George Bush's wealthiest donors. But hardworking Americans will see through this president's efforts to wrap his radical agenda with a compassionate ribbon.
We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing.
Debbie Wasserman Schultz
The Republicans are looking after the financial interests of the wealthiest individuals in this country.
People who work make the world live better and to reward these people well is normal. Yet they are not the people who are the wealthiest.
We are the most powerful nation in the world, but we're not the only nation in the world. We are not the only people in the world. We are an important people, the wealthiest, the most powerful and, to a great extent, generous. But we are part of the world.
We can go back to economic plans that are only designed to benefit the wealthiest among us, like Mitt Romney. Or we can keep moving forward with President Obama's vision for a growing economy that works for middle-class families in North Carolina and all across the country. For me, for North Carolina and for America, it's an easy choice.
I don't know how anyone can keep a straight face and say they are for deficit reduction while they insist on a permanent tax cut for the wealthiest Americans, completely unpaid for.
While the wealthiest families completely benefit from the tax cuts targeted towards the upper brackets, middle-income families were hit with the unwelcome surprise of higher taxes on tax day.
I'm not interested in becoming a bigger star, I'm not interested in being the wealthiest guy in the world. I'm doing fine, I love acting, and I want to do it for the rest of my life.
So when the only domestic social policy is tax cuts that mostly benefit the wealthiest Americans, we say, 'Where is faith being put into action here?'
The alternative minimum tax was designed to prevent the very wealthiest Americans from overusing certain tax benefits to avoid most of their tax burden.
And because of these programs like Medicare, Medicare prescription drugs, Social Security, we now have the healthiest and wealthiest group of senior citizens that the world has ever seen. This is a continuing commitment to that.
James T. Walsh
Sadly, the President's budget proposal for the upcoming year once again puts cutting taxes for the wealthiest Americans over addressing our country's severe fiscal problems.
The fact of the matter is it's very reasonable to ask the wealthiest estates to pay their share. We did that since Teddy Roosevelt, a Republican president.
Chris Van Hollen
The American people are screaming out saying it's unfair that the wealthiest, the largest corporations who can afford the best attorneys, the best accountants, take advantage of these special tax treatments that the lobbyists have, along with lawmakers, have cooked in the books here.
These were big ones. Those companies would then go in and build an electrical system or ports or highways, and these would basically serve just a few of the very wealthiest families in those countries.
Friends, I'm angry about what's happening in politics today! Why is it wrong to ask the wealthiest people and most profitable corporations to pay their fair share?
Simply cutting the taxes for America's wealthiest families is clearly not creating the needed new jobs, and that strategy is unlikely to succeed in the future.
Dozens of America's wealthiest taxpayers - including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame - have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.
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