1. - Saturday, January 28, 2012 - 10:00 - 3 notes

  2. “When we’ve got a trillion — more than $1 trillion worth of tax breaks that were supposed to be temporary for the top 2 percent slated to continue, we’ve got a tax code full of loopholes for folks who don’t need them and weren’t even asking for them — we’ve got to ask ourselves, what’s more important to us? Is it more important for me to get a tax break, or is it more important for that senior to know that they’ve got Medicare and Social Security that’s stable? Is it more important for me to get a tax break, or is it better for that young person to get a break on their college education? Is it more important for me to get a tax break, or is it more important that we care for our veterans?”

    — President Obama

    (Source: whitehouse.gov)

  3. - Friday, January 27, 2012 - 17:37 - 7 notes

  4. “I hear folks running around calling this class warfare. This is not class warfare. Let me tell you something, asking a billionaire to pay at least as much as his secretary, that’s just common sense. That’s common sense.”

    — President Obama

    (Source: whitehouse.gov)

  5. - Friday, January 27, 2012 - 17:34 - 1 note

  6. “I’m doing OK. I really am.”

    — President Obama on not needing a tax cut

    (Source: youtube.com)

  7. - Friday, January 27, 2012 - 17:32 - 0 notes

  8. “Let me be clear: If you’re a company that wants to outsource jobs or do business around the world, that’s your right. It’s a free market. But you shouldn’t get a tax break for it. Companies that are bringing jobs back from overseas should get tax breaks. High-tech manufacturers should get tax breaks.”

    — President Obama

    (Source: whitehouse.gov)

  9. “They’ll fight with their last breath to protect tax cuts for the most fortunate of Americans, but they’ll play political games with tax cuts for the middle class. I guess they thought it was a smart political strategy, but it’s sure not a strategy to create jobs. It’s not a strategy to strengthen the middle class or help people who are trying to get into the middle class to get there. It’s not a strategy to help America succeed.”

    — President Obama on Republicans

    (Source: whitehouse.gov)

  10. “You know, there was no big balls in the deficit, the federal deficit until the Reagan administration. And the reason it went up $4 trillion there—and that was the biggest jump we’d had up until that time under any administration—was because he kept increasing military spending and then giving tax cuts. You can’t cut your revenues and increase spending without—so that was the first thing that… I never bought supply-side economics. And the second big balls came under Bush Jr. — another $4 trillion. Why? Because he cut the taxes to the wealthy and got us into two wars. And so there’s $8 trillion of the $15 [trillion], over half of it on those two wars. We’ve got to quit getting involved in these wars which contribute nothing to our security.”

    — George McGovern

    (Source: charlierose.com)

  11. “The antigovernment movement’s most cherished conviction is that we can’t raise taxes on the ‘job creators’. We tried it their way for twenty of the last thirty years, and their strategy of using blanket tax cuts for high-income individuals didn’t work.”

    — President Clinton

    (Source: Washington Post)

  12. - Saturday, October 15, 2011 - 13:41 - 489 notes from Think Progress (originally from Think Progress)

  13. think-progress:

Money the U.S. Treasury lost due to Bush tax cuts for the top 5 percent. This means $11.6 million every hour of every day. And the cost keeps going up, and up, and up.
Source: National Priorities Project, in partnership with Citizens for Tax Justice

    think-progress:

    Money the U.S. Treasury lost due to Bush tax cuts for the top 5 percent. This means $11.6 million every hour of every day. And the cost keeps going up, and up, and up.

    Source: National Priorities Project, in partnership with Citizens for Tax Justice

  14. “Although no GOP contender acknowledged this fact in their debate Wednesday night — about 40 percent of Obama’s $825 billion stimulus, which Republicans habitually denounce, came in the form of tax cuts. They do not give him credit for being the tax cutter he has been.”

    — Tom Curry

    (Source: MSNBC)

  15. We shouldn’t be in a race to the bottom, where we try to offer the cheapest labor and the worst pollution standards. America should be in a race to the top. And I believe we can win that race.

    In fact, this larger notion that the only thing we can do to restore prosperity is just dismantle government, refund everybody’s money, and let everyone write their own rules, and tell everyone they’re on their own — that’s not who we are. That’s not the story of America.

    Yes, we are rugged individualists. Yes, we are strong and self-reliant. And it has been the drive and initiative of our workers and entrepreneurs that has made this economy the engine and the envy of the world.

    But there’s always been another thread running throughout our history — a belief that we’re all connected, and that there are some things we can only do together, as a nation.

    — President Barack Obama

    (Source: whitehouse.gov)