On the Left’s complaint that Mitt Romney intentionally paid too much in taxes to make himself look good politically…
The first claim was he didn't pay any. Now he's paid too much. You cannot win. You cannot satisfy these people, and therefore it is a mistake to try unless your objective is to illustrate who they are. But if you're really trying to please 'em, if you're really trying to get their approval, if you're really trying to shut 'em up, you never will and it's foolish to try. Look at the charitable donations. Romney's taxes are all legit. Nobody's claiming he broke the law. They're saying he paid more than he should have. And, again, isn't that what we've been hearing rich people should do? It's the patriotic thing to do, for crying out loud.
On public anger at Facebook co-founder Eduardo Saverin, who renounced his U.S. citizenship because of high federal taxes…
The question is, [are] Eduardo Saverin and all these other U.S. corporations – are they guilty of poor citizenship? Or are they simply reacting, entirely normally, to tax policy?… It is clear that it is tax policies – and these tax policies, high taxes, on the rich, on millionaires… [with the] President out there demonizing successful people every day, targeting successful people every day, running a presidential campaign based on class warfare, trying to get the 99 percent of the country who are not in the top 1% to HATE the 1%, to literally despise ‘em. It seems to me that it was the tax policy that came first. The tax policy that came first, that’s chasing people like Eduardo Saverin and other companies out of this country in increasing numbers… I left New York state for the same reason. Now I didn’t have to renounce citizenship, but I left New York state for the same reason. I moved to a state with no state income tax. I’m sure there are people who think that I am not a patriotic New Yorker. I spent 8 years there. I paid my dues. And they still follow me. Every year I get audited. Under the premise I’m lying to them. About the number of days every year I live and work in New York. Which are zero. But I have to prove it 14 different ways. Every day of the year. Where I am. Where my calendar – where I say I was. And I can tell you, I left New York for tax reasons. I’m the first one to admit it. And I’m not the only one.
On tomorrow’s budget meeting between the House Republican leadership and President Obama in the White House.
I’m going to tell you Republicans something right now, and right here, and if you know anybody who’s an elected Republican I want you to pass this on to 'em because this is key. At this meeting tomorrow, Obama is going to do everything he can to get these guys to raise taxes... now in the Senate, he might not have much of a problem. In the Senate, there might be some Republicans who’d go along – I don’t think the majority of them. But the House Republicans are not. Going. To sign anything. That raises taxes. They just aren’t. And so Republicans you have got to go into that meeting tomorrow fully aware that the President is the one who’s gonna have to cave. The President is the one who can be made to cave, if you hold firm on not raising taxes, ‘cause that’s all he cares about, and that’s all the Democrats care about.
On the supposedly excessive profits of the oil companies.
How much profit did General Motors make? If we didn't pour tens of billions of dollars into General Motors, it would have failed because it wasn't making profits. So it has cost us a fortune as a nation to support a company that does not make profits. Now, what of these profits? When will the media tell us how much these companies net from sales after paying for the crude, the related expenses, and massive taxes. When they do these stories, why won't they tell us how much the government is taking from all of this? What is Obama's take? What's the state's take, and so forth?