Political Quotes

“Well, I appreciate you going through that important list. I think it can be distilled, you know, quite simply. The winners of the Republican tax plan are the billionaire boys club; the losers are the American people, everyday Americans, all premised, again, on, and you are going to hear this over and over again, dynamic scoring--sounds great--trickle-down economics. You know, I figured out that trickle-down economics essentially means, for the middle class, you may get a trickle, but you are guaranteed to stay down, because there is no evidence--no evidence from the Reagan experiment, no evidence from the Bush experiment, no evidence from the Brownback experiment in Kansas, no evidence--that if you cut taxes for the wealthy or the well off, for special interest corporations, whether you do it directly or through passthrough entities, that when you cut those taxes, it results in strong, unprecedented economic growth. In fact, our history tells us precisely the opposite. Bill Clinton raised the top tax rate on high-income earners from 35 percent to 39.6 percent. Did we suffer from a recession as a result of increasing taxes on millionaires and billionaires so that they would pay their fair share? No, quite the opposite--unprecedented economic growth, 20 million-plus jobs created during 8 years of Bill Clinton. Then George W. Bush comes into town, and we actually had a balanced budget at that time. What does he do? Deficits don't matter according to the Bush administration.…”