Here's what I can tell the American people: 95 percent of you will get a tax cut. And if you make less than $250,000, less than a quarter-million dollars a year, then you will not see one dime's worth of tax increase.
In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
The best way to encourage economic vitality and growth is to let people keep their own money.When you spend your own money, somebody's got to manufacture that which you're spending it on. You see, more money in the private sector circulating makes it more likely that our economy will grow. And, incredibly enough, some want to take away part of those tax cuts. They've been reading the wrong textbook. You don't raise somebody's taxes in the middle of a recession. You trust people with their own money. And, by the way, that money isn't the government's money; it's the people's money.
God has given you a spirit with wings on which to soar into the spacious firmament of Love and Freedom. Is it not pitiful than that you cut your wings with your own hands and suffer your soul to crawl like an insect upon the earth?
That guy just cut right in front of me. But I'm not going to let it bother me. No. I'm on my way to work and I decided it doesn't matter who wants to cut in front of my lane today. I'm not going to let it bother me one bit. Once I get to work, find myself a parking space, if somebody wants to jump ahead of me and take it, I'm going to let them.
We're going to have to invest in the American people again, in tax cuts for the middle class, in health care for all Americans, and college for every young person who wants to go. In businesses that can create the new energy economy of the future. In policies that will lift wages and will grow our middle class. These are the policies I have fought for my entire career.
There is an error common to both oligarchies and to democracies: in the latter the demagogues, when the multitude are above the law, are always cutting the city in two by quarrels with the rich, whereas they should always profess to be maintaining their cause; just as in oligarchies the oligarchs should profess to maintain the cause of the people, . .
This self-reflection, this willingness to examine ourselves, to make corrections, to do better, that's part of what makes us Americans. It's part of what sets us apart from other nations, the United States is the most professional, most capable, most cutting-edge intelligence community in the world.
If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
It is time to put in place tough, new common-sense rules of the road so that our financial market rewards drive and innovation, and punishes short-cuts and abuse.
Most people are heartless about turtles because a turtle's heart will beat for hours after he has been cut up and butchered. But the old man thought, I have such a heart too and my feet and hands are like theirs.