Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding.

Eliot Spitzer

Eliot Spitzer

Because Both Deficit Deficit Reduction Dictates Fairness Higher Investment Levels Long-Term Marginal Moreover Necessary Notwithstanding Proof Rates Reduction Rhetoric Right Should Tax Tax Rates Wealthy

Related Quotes

We need to lower marginal tax rates and increase investment.

— Ron DeSantis

IncreaseInvestmentLower

When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!

— Kent Conrad

BushCutsDeficit

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

— Paul Samuelson

AgainstIncomesIndividual

I don't know how anyone can keep a straight face and say they are for deficit reduction while they insist on a permanent tax cut for the wealthiest Americans, completely unpaid for.

— Claire McCaskill

AmericanAnyoneCut

In point of fact, 'Simpson-Bowles' has become a symbol, or SimBowl, rather than an actual plan, political shorthand for the process of long-term deficit reduction.

ActualBecomeDeficit