Savings And Investment Quotes

If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.

If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.

I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.

We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.

If you are wealthy and can hire enough accountants and attorneys, you can find ways around the code. It's fundamentally not fair. It wastes a lot of time and energy and effort to comply with it. It doesn't encourage savings and investment. And we need to simply it and make it more fair.