Bob McDonnell Quotes

Stimulus spending, permanent bailouts, government takeovers, and federal mandates have all failed our nation. America's employers are afraid to invest in an economy racked with uncertainty over what Washington's next set of rules, regulations, mandates, and tax hikes will look like.

I am not for raising taxes in a recession, especially when it comes to job creators that we need so desperately to start creating jobs again.

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

Full and immediate expensing is widely recognized as one of the most pro-growth tax policies around.

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.

That tax relief can spur the economy and thereby benefit all Americans is something that Washington Democrats used to understand. President Kennedy, for example, aggressively cut taxes after being elected to stimulate the economy as a means of helping all Americans.

I do not want to impose additional taxes on the employers at a time when our economy is very fragile and we want to encourage them to hire.

I'm interested in giving business an opportunity by improving the tax environment to invest and grow with Pennsylvania, to expand and put more money in capital investment and creating jobs.

You don't get an economy growing by raising taxes.

Congress must also enact pro-growth policies that encourage the economy to expand: like making tax relief permanent and repealing the death tax.

Every time you have a new tax, or every time you have to pay really an inordinate amount for a regulation, it's really stifling this country and really stifling American business.

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.

The bill that job creators and out-of-work Americans need us to pass is the one that ensures taxes won't go up - one that says Americans and small-business owners won't get hit with more bad news at the end of the year.

I do believe in tax incentives in order to move the economy forward.

Raising taxes does nothing to allow the economy to recover.

Kennedy had already, in 1962, lowered investment taxes on business. And after his tragic assassination, his broader tax proposals were passed into law in early 1964. And they worked. The U.S. economy grew by roughly 5 percent yearly for nearly eight years.

Tax reform done right will improve incentives to invest in U.S. production and to repatriate profits.

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

I get how devastating high taxes are to job creation.

If you increase taxes now on - at any level, it's going to make it harder to create jobs And we've lost 2 1/2 million jobs since the stimulus package passed. We're at 9.6 unemployment. So I don't think we tax too little, I think we spend too much.

Someone is going to have to explain to me at some time how raising taxes on job-creators is going to create more jobs.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.