You bet every member of Congress who votes for this bill ought to read it, read it thoroughly, and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy, paid for with nearly a trillion dollars in new taxes on individuals and small businesses. And it must be opposed.
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.
You can't have a rigid view that all new taxes are evil.
Our ordinary income is barely at a par with our ordinary expenditures and new taxes must be ready.
Madison was then a Congressman.
Read my lips: no new taxes.
A provision for the sale of the vacant lands of the United States is particularly urged, among other reasons, by the important considerations that they are pledged as a fund for reimbursing the public debt; that if timely and judiciously applied they may save the necessity of burdening our citizens with new taxes for the extinguishment of the principal; and that being free to discharge the principal but in a limited proportion, no opportunity ought to be lost for availing the public of its right.
There never has been a new tax that met with public enthusiasm.
When the federal government promises no new taxes, they're promising no new federal taxes.
We don't need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
John McCain was one of the senators who voted against George Herbert Walker Bush's disastrous break of his no new taxes pledge when he raised taxes in 1990. That's really important. He's a supply-sider. And he's got supply siders like Phil Graham and Jack Kemp to vouch for that.
Let's stop talking about new taxes and start talking about creating new taxpayers, which basically means jobs.
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
Taxing is an easy business. Any projector can contrive new compositions, any bungler can add to the old.
Congress also did something new, which is, they delayed for two years two new taxes - one on medical devices and one on high-end health insurance plans. Those taxes are supposed to help pay for President Obama's health care law, but they're really unpopular.
I think that the best things that governments can do for productivity is not whack on new taxes and, if we can get institutions like schools and hospitals functioning better, well that's obviously good for the overall productiveness of our society.
The Iraq war was fought by one-half of one percent of us. And unless we were part of that small group or had a relative who was, we went about our lives as usual most of the time: no draft, no new taxes, no changes. Not so for the small group who fought the war and their families.
We are afraid to face the hard questions. We are willing to tackle drugs, crime, and public education only if it doesn't cost us any new taxes.
Obama broke his no-new-taxes pledge 15 days after he took office when he signed legislation on Feb. 4, 2009 raising the tax on cigarettes 158 percent - 62 cents per pack.
Until the province is willing to look internally at their inflated budget, to engage the private sector, to exhaust every other available avenue, we can't justify a series of costly new taxes on residents who are already telling us that they just can't afford it.
What a pity it is that our Congress had not known this discovery, and that Alexander Hamilton’s projects of raising an army of fifty thousand Men, ten thousand of them to be Cavalry and his projects of sedition Laws and Alien Laws and of new taxes to support his army, all arose from a superabundance of secretions which he could not find whores enough to draw off! and that the same vapours produced his Lyes and Slanders by which he totally destroyed his party forever and finally lost his Life in the field of Honor.
When you tell the American people, 'Read my lips. No new taxes,' that should mean no new taxes.
I want the American people to focus on is that we can generate a tremendous amount of energy revenues as result of new taxes coming off of the energy that's underneath the ground here in the United States.