Posts Tagged ‘tax laws’

Martin L. Gross: Tax Laws Written

Posted by admin on Thursday, September 30, 2021

Martin L. Gross Money Quote saying the tax code was created by the wealthy, who don’t get what the working men and women need to survive. Martin L. Gross said:
 
tax laws are written by men with considerable net worth, and with little understanding of what wage-earners must do to make ends meet Quote
 

“The tax laws are written by men with considerable net worth, and with little understanding of what wage-earners must do to make ends meet” — Martin L. Gross

 

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Martin L. Gross is criticizing the tax laws by pointing out that they are largely written by people who are already wealthy and have substantial assets (“considerable net worth”). According to Gross, these wealthy lawmakers do not truly understand the financial struggles and challenges faced by ordinary wage-earners who are living paycheck to paycheck and must carefully budget just to pay their basic living expenses.

Gross implies that if average working people had more of a role in creating tax policy, the laws might be more sympathetic to the realities of what it takes to make a living solely on one’s wages. He seems to believe the tax system favors the rich because it is designed primarily by those who are out of touch with the difficulties of getting by on a typical salary.

Father Patrick Conroy: Tax Laws Balanced

Posted by admin on Wednesday, May 9, 2018

Father Patrick Conroy Money Quote saying as the House Chaplain of the 115th Congress who was nominated by John Boehner in 2011 was asked to resign by Speaker Paul Ryan – he believes because of the following lines of his prayer during consideration of tax cuts that would benefit the wealthy and harm the poor. Father Patrick Conroy said:
 
may members efforts guarantee that there are not winners and losers under new tax laws, but benefits balanced and shared by all Americans Quote
 

“May all members be mindful that the institutions and structures of our great nation guarantee the opportunities that have allowed some to achieve great success, while others continue to struggle. May their efforts these days guarantee that there are not winners and losers under new tax laws, but benefits balanced and shared by all Americans” — Father Patrick Conroy

 

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Donald Trump: Why Didn’t She Stop Me?

Posted by admin on Wednesday, October 5, 2016

Donald Trump Money Quote saying Hillary Clinton should have made certain Trump couldn’t use tax laws to his advantage. Donald Trump said:
 
[Clinton] complains about how I’ve used tax laws of this country to my benefit. Then I ask a simple question: Why didn’t she ever try to change those laws so I couldn’t use them? Quote
 

“[Clinton] complains about how I’ve used tax laws of this country to my benefit. Then I ask a simple question: Why didn’t she ever try to change those laws so I couldn’t use them?” — Donald Trump

 

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In this quote, Donald Trump is responding to criticism from Hillary Clinton about how he has benefited financially from existing tax laws. Some key points in interpreting his perspective:

  • Trump implies it is hypocritical for Clinton to fault him for utilizing the tax code legally when she had opportunities to reform laws but did not.
  • However, changing complex laws requires political will and consensus, not just individuals, and Trump’s tactics could still be seen as exploiting loopholes.
  • His defensive tone portrays himself as simply playing by the rules rather than acknowledging the rules themselves may be improved.

Overall, while Trump aims to deflect blame onto Clinton, a balanced interpretation would recognize both perspectives – that he was legally right to use the system but the system itself is not above reforming if most feel it enables inequities.

Reasonable people can disagree on both the ethics of Trump’s actions and the feasibility of any single public figure overhauling tax laws alone. The quote reflects Trump’s viewpoint but not a comprehensive analysis of the debate.

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