Robert Reich Quotes About Taxes

Quotes about: Taxes

• When corporations get special handouts from the government, subsidies and tax breaks, it costs you. It means you have to pay more in taxes to make up for these hidden expenses, and government has less money for good schools and roads, Medicare and national defense and everything else you need.

  Robert Reich

  School, Mean, Government

  "Ten Ideas to Save the Economy #6: End Corporate Welfare Now" by Robert Reich, www.huffingtonpost.com. May 26, 2015.

• The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.

  Robert Reich

  Class, America, Long

  "Why We Must Raise Taxes on the Rich" by Robert Reich, www.huffingtonpost.com. April 4, 2011.

• We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?

  Robert Reich

  Home, Class, Why Not

  "The Rise of the Non-Working Rich" by Robert Reich, www.huffingtonpost.com. July 15, 2014.

• Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.

  Robert Reich

  School, Cutting, Class

  "American Experience", www.pbs.org.

• It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.

  Robert Reich

  War, Growth, Three

  Source: www.spiegel.de

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