If Republicans were to regain control of the Senate, the probabilities of some major tax cuts would go up quite dramatically. If those tax cuts were implemented, this would have a positive impact on both the economy and the stock market.
Paul Kasriel
Related Some of the tax proposals that are part of the Democratic platform do call for the rollback of divid... DAVID JOY Some of the tax proposals that are part of the Democratic platform do call for the rollback of divid... DAVID JOY We were promised that if we gave huge tax cuts to the wealthiest Americans, the benefits would trick... TOM DASCHLE The Republicans have control of the Senate, but the economy is still struggling. Maybe [Republican c... RORY ROBERTSON Tax cuts would probably flow directly into corporate profits. Companies are lean and mean today, com... CHRISTINE CALLIES I would be surprised if there weren't a lot of tax cuts this year. IRIS LAV He's proposing tax cuts that are clearly not affordable. If they were affordable, he would do them a... FRANK MAURO Let's find those areas where modest and reasonable tax cuts will have the biggest positive impac... LARRY HOGAN Owners of dividend-paying stocks and income trusts are the big winners today. I expect the tax cuts ... BILL SHAW The Senate is clearly dragging its feet on spending reform. Some senators have called for instead re... BRIAN RIEDL But there were a lot of misplaced priorities. I didn't hear any new ideas about the economy beyond t... ALEX RODRIGUEZ It appears that the Democrats have had control in the state, county and local level for some time no... JOE SINAGRA I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A F... RALPH HALL Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Hardi... ARTHUR LAFFER [Republicans] are proposing more tax cuts, mostly for the affluent and big corporations, BYRON DORGAN If, if more stimulus means more tax cuts to small businesses, if, if more stimulus means middle clas... ALEXI GIANNOULIAS The concern with the economy is that the stimulus from the tax cuts and the rate cuts may be fading.... BILL STRAZZULLO If we ever needed more of a reason not to do Social Security reform, this is it, because of the cost... JIM MANLEY I don't approve of any new tax cuts until we can control our spending and address these deficits, LINCOLN CHAFEE The households that will benefit from these two tax cuts are quite well off, and furthermore they've... JOEL FRIEDMAN I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the ... THERESA MAY We need to have tax relief for those who really need tax relief. The concept of tax cuts is fine, bu... CHARLES CARRIER Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas. JOE BACA The economy needs stimulus now, so bring forward some [of the] tax cuts [scheduled for later years],... JOSHUA FEINMAN Apparently there are some Democratic leaders in the Senate that are running for office who now belie... JEB BUSH I think the tax cuts were too big, and I am worried about the deficit. You have to pay it back at so... GEORGE DAVIS It's tax diversification. If tax rates go up, it would be nice to have a fund that you don't have to... JAMES LANGE Liberal Democrats are inexorably opposed to tax cuts, because tax cuts give people more power, and t... RUSH LIMBAUGH But what is striking about this, in a town that often talks about tax cuts, we could quite easily, R... RICHARD NEAL There's a right way and a wrong way to cut taxes. The Republican tax cuts reward the few, our tax cu... TOM DASCHLE It's certainly the prerogative of Democrats to vote against tax cuts if that's how they feel, ARI FLEISCHER The Panel's income tax reform plan would make some positive changes such as eliminating the double-t... CHRIS EDWARDS We must take away the government's credit card. With limits on both tax revenue and borrowing, the F... ALAN KEYES The Furniture Market has a big economic impact for Tupelo and Lee County and all of Northeast Missis... MIKE BRYAN Tax cuts are a very high priority because it's obvious that the American people, in view of the grow... TRENT LOTT The cuts that the city would have to make if they don't have additional revenues would have a really... WILL MOORE All those predictions about how much economic growth will be created by this, all of those new jobs,... ANTHONY WEINER This is only under the assumption that the full tax rate cuts go into effect. CHRISTINE CALLIES We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut... JOHN SPRATT How much more evidence does the government need that across-the-board corporate tax-cuts are a drag ... KEN GEORGETTI People were thinking that, if the oil refineries take a direct hit, energy prices would shoot up and... GEORGE GONCALVES The tax cuts have a lot of momentum. For something like the estate tax or the alternative minimum ta... MAYA MACGUINEAS I'm all in favor of the tax cuts, but I think that the administration has to eat their spinach along... CHRIS EDWARDS If you raise the taxes on these people, you might not have the jobs to provide, so the tax cuts are ... TOM DELAY We must take away the government's credit card. With limits on both tax revenue and borrowing, t... ALAN KEYES The House agrees on one thing: The vast majority of tax cuts must go into the pockets of individuals... REP. WAYNE HARPER The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows ... HERMAN CAIN A lot of Americans think they got a tax cut, and they didn't because their local property tax went u... SENATOR JOHN KERRY I am worried that it seems inconsistent and unsustainable for the president to be asking for large t... HILLARY CLINTON No one in my district is asking for tax cuts. ANTHONY WEINER All of the top candidates have said that they want to repeal some or all of the Bush tax cuts, but C... DON LUSKIN First and foremost, we believe in tax cuts, JOHN KASICH Early indications are that voters aren't up in arms demanding big tax cuts. STUART ROTHENBERG The unstated message [of Bush's tax cuts] was that we were not all in this together, ... and, whatev... ROBERT PUTNAM The president has little budgetary room -- and even less political capital -- for any grand projects... BARRY RITHOLTZ I would hate to see a tax increase of any kind, and I don't want to see any cuts in services. KATHY LAWSON It is totally about tax cuts. Our current deficits are not the result of critical spending to help l... SCOTT MCCOWN Let me say this anyway on the record: We do not and have not been targeting stock prices for the pur... ALAN GREENSPAN She botched the job of selling the cuts. People were left wondering if just the better-off would ben... BERND WEIDENSTEINER One of the big stories coming out of this is the inability to get anything done in the next two year... GREG VALLIERE Now is not the time to further tax cuts for millionaires which would cost $32 billion a year or more... DIANNE FEINSTEIN The magnitude of money is unique. And it's unique when you go into a session and both parties are ta... KURT WENNER Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when... MIKE PENCE Looking at the high cost of occupation in Iraq and the needs we have in this country, would it not h... TIM RUSSERT Now the Democrats control the Senate. But the good news is that now the Republicans can admit that S... JAY LENO The market is going to do better as the economy slows some and the Fed's done. What's perverse is th... JASON TRENNERT When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the def... KENT CONRAD Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground... MARK ZANDI The 3 percent overall federal tax rate I would pay -- if a Berkshire dividend were to be tax free --... WARREN BUFFETT I am concerned when tax policy doesn't worry enough about the man on the street. The perception that... O. DONALD CHAPOTON The debate over prescription drug coverage comes down to a question of values, ... President Bush an... NANCY PELOSI When our Homeland Security Alert System goes to orange, our state and local governments' budgets go ... MARK UDALL Much fiscal policy is implemented, not through spending increases, but through tax credits and other... ALAN GREENSPAN The stock market can make you rich & it can also make you poor. DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) It is surprising to find the black and yellow taxis running on Saturdays and the Stock markets close... APURVA GAGLANI The stock market is so uncertain,but inside this uncertainty lies many certainties. DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) In the stock market you can make millions overnight,but you need to first understudy the market for ... DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) Both were taken to Sunrise (Hospital) with some bruises and cuts. Both have been awake and alert the... JACK FINN It's unusual to see a mayor with this kind of surplus not announcing some significant new spending p... DOUG TURETSKY Manufacturing has already been in an a recession ... but we were looking for a fourth-quarter turnar... HANK COX On this budget, we have the starkest choice we've had in a long time -- tax cuts for the wealthiest ... JIM WALLIS Dean probably scares the market the most because he, for now at least, is calling for rolling back a... LESLIE ALPERSTEIN If you look at Reagan who had two [failed Supreme Court] nominees, who lost control of the Senate an... KEN MEHLMAN The impacts of the income-tax cuts passed last year are being equated into higher refund payments se... BRAD COWGILL I do think that if MEN were the ones that bore the children a more effective means of birth control ... AMBER BENSON The $8.2 billion surplus would provide approximately 35 cents in property tax rate cuts for Texans f... BROOKE ROLLINS I think the challenge to Republicans now is you have the House, you have the Senate, you have the Wh... NEWT GINGRICH [Other Republicans echoed Specter's dismay.] I am disappointed that Gov. William Weld did not receiv... RICHARD LUGAR The two things she's been doing since she got to the Senate is work hard and work with Republicans. ... PHILIPPE REINES The tax relief that this Congress has given now in terms of four tax cuts has overwhelmingly gone to... RICHARD NEAL If you were to look at Alaska simply with its corporate tax code compared to the rest of the United ... SCOTT HODGE The Bush administration proposes to cut seniors' meals and nutrition for infants while pushing tax c... GREG SPEETER I think the Bush tax cuts should be made permanent. VITO FOSSELLA We did the two-year extension of Bush tax cuts in 2010. We negotiated the Budget Control Act in Augu... MITCH MCCONNELL If only the world were full of truth, things would be better. JOSH CHILDERS Today's tax cuts provide yet another illustration of the Republicans' fiscally irresponsible... ELLEN TAUSCHER And yet, Republicans have held hostage every penny of relief until the Senate passes their special i... CHARLES RANGEL It's the combination of massive tax cuts combined with massive spending on Iraq and Katrina when we ... KENT CONRAD It's really changed me. For the first time I'm in favor of the Bush tax cuts. KEN JENNINGS
More Paul Kasriel
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