“You get a tax break for a racehorse, why in God's name couldn't we provide an $8,000 tax credit for everybody who has childcare costs? It would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent. It would grow the economy.”

— Joe Biden

17 September 2019
Biden vows tax credit will put '720 million women' back in workforce
Joseph Wulfsohn
Fox News
https://www.foxnews.com/politics/biden-gaffe-put-720-million-women-in-workforce
2010s, 2019

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "You get a tax break for a racehorse, why in God's name couldn't we provide an $8,000 tax credit for everybody who has c…" by Joe Biden?

Joe Biden 187

47th Vice President of the United States (in office from 20… 1942

Related quotes

“Gibson: And in each instance, when the [capital gains tax] rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?
Obama: Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.”

Barack Obama (1961) 44th President of the United States of America

Interview on ABC News (16 April 2008) http://abcnews.go.com/Politics/DemocraticDebate/Story?id=4670271&page=3
2008

“The kind of plan that Donald has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had. I call it trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)

“The so-called free market does not provide consumers with proper information, because the social and environmental costs of production are not part of the current economic models…. an ecological tax reform would be strictly revenue neutral, shifting the tax burden from income taxes to "eco-taxes." …the taxes would be added to existing products, forms of energy, services, and materials, so that prices would better reflect true costs.”

Fritjof Capra (1939) American physicist

Epilogue: Ecological Literacy
The Web of Life (1996)

“I'm not getting elected dictator or king. But if I could wave a magic wand, I would eliminate income tax. I would eliminate corporate tax. And I would replace it with one federal consumption tax.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

2016, Interview with CNBC's John Harwood (August 22, 2016)

“It would be thought a hard Government that should tax its People one-tenth Part of their Time, to be employed in its Service.”

Benjamin Franklin book Poor Richard's Almanack

Poor Richard's Almanack (1758), “The Way to Wealth”
Poor Richard's Almanack

“If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase if that were necessary.”

John F. Kennedy (1917–1963) 35th president of the United States of America

"Address and Question and Answer Period at the Economic Club of New York (549)" (14 December 1962)
1962, Address and Question and Answer Period at the Economic Club of New York (549)

“It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it would be nice if this system could calm down a touch. One option is the Tobin tax, which would impose a tax of around 0.1 percent on currency trades, and act as a kind of damper on speculation.”

David Orrell (1962) Canadian mathematician

Source: The Other Side Of The Coin (2008), Chapter 6, At Rest Versus In Motion, p. 197

“So that as I tried to say in my speech, we are not faced with the question of balancing our budget, or having a tax reduction. I believe we are faced with the fact that we are going to have a deficit mostly because of the sharp rise in the recent years in space and defense, and to increase our taxes sufficient to bring that budget into balance would be defeating, because of course it would provide a heavy deflationary effect on our economy, and move us into a recession at an accelerated rate.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

“I wish the government would put a tax on pianos for the incompetent.”

Edith Sitwell (1887–1964) British poet

As quoted in An Uncommon Scold (1989) by Abby Adams, p. 176

“I think that repealing or doing away with the corporate income tax is simply getting us back to where we were. We need to understand that the corporate income tax is a double tax, that we all own the corporations and that when income gets distributed to us we pay the tax on that. So we have the highest corporate income tax in the world right now, let's abolish it, let's make it the way that it was to begin with, and that will literally create tens of millions of jobs overnight because this country will be the only place to establish, grow, nurture business. Why won't that happen?”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement at FOX News Debate
YouTube
2011-05-05
http://youtu.be/QRPrZxHUqsA
2012-02-24
Economic Policy

Help us to complete the source, original and additional information

Joe Biden 187

Related quotes

Related topics