Political Quotes

“Mr. President, I am going to take some time this afternoon to respond to the remarks of the President's top economic adviser, Mr. Gary Cohn, with respect to this administration's approach to taxes. Let me be clear right at the outset. The President and his parade of millionaires are executing a middle-class con job. I am going to be very specific in saying why I reached that judgment with respect to what they are saying about taxes. The President said: ``I don't benefit. Very, very strongly I think there's very little benefit for people of wealth.'' Those are the President's exact words. ``It's not good for me, believe me,'' the President said in his speech unveiling the tax reform blueprint on Wednesday. Unless the President paid zero tax, the President is going to benefit enormously from his tax plan. His family would save billions if the estate tax is eliminated, as he has proposed. His more than 500 passthroughs will be able to take advantage of the new Grand Canyon- sized passthrough loophole that his plan proposes. Based on his 2005 tax return--that is the only one available--the President would save millions each year if the alternative minimum tax is eliminated. Today, the President's top adviser, Gary Cohn, said: ``We've also said that wealthy Americans are not getting a tax cut.'' They expect you to believe them and not your lying eyes. I want to take a few minutes and describe exactly what the well-to-do are getting in this bill.…”