--- title: "Meaning & Key Takeaway of: When Mitt Romney says he wants to reform…" description: "\"When Mitt Romney says he wants to reform the tax code, hold on to your wallets.\" — Charles Schumer" image: "https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg" --- # When Mitt Romney says he wants to reform the tax code… ![“When Mitt Romney says he wants to reform the tax code, hold on to your wallets.” quote by Charles Schumer](https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg) [Download](https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg) [Open image](https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg) > “When Mitt Romney says he wants to reform the tax code, hold on to your wallets.” [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Tax reform proposals often benefit the wealthy; be cautious with your money. **In simple terms:** Watch for hidden tax benefits to the rich. Key Takeaway Guard your finances against tax loopholes. Themes politics economics financial literacy Mood skeptical alert Type political analytical When to use this quote - voting decisions - personal budgeting - investment planning Key Concepts public policy tax law Questions to Reflect On - What specific tax reforms concern you? - How can you stay informed about fiscal policies? A Different Perspective Tax changes can also fund public services beneficial to all. ★ ★ ★ ★ ★ No ratings yet [Cayman islands](https://sms4smile.com/quotes/about/cayman-islands/) [Code](https://sms4smile.com/quotes/about/code/) [Code Hold](https://sms4smile.com/quotes/about/code-hold-2752878/) [Mitt romney](https://sms4smile.com/quotes/about/mitt-romney/) [Programming](https://sms4smile.com/quotes/about/programming/) [Reform](https://sms4smile.com/quotes/about/reform/) [Reform Tax](https://sms4smile.com/quotes/about/reform-tax-640340/) [Romney](https://sms4smile.com/quotes/about/romney/) [Romney Says](https://sms4smile.com/quotes/about/romney-says-347694/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Wallets](https://sms4smile.com/quotes/about/wallets/) [Want](https://sms4smile.com/quotes/about/want/) [Wants Reform](https://sms4smile.com/quotes/about/wants-reform-2752877/) ## Related quotes > [When Mitt Romney says he wants to reform the tax code, hold on to your wallets. 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We should have a president…](https://sms4smile.com/quotes/rob-portman/we-shouldn-t-be-debating-whether-to-deal-with-the-current-code-by/) [Rob Portman](https://sms4smile.com/quotes/author/rob-portman/) > [I took office as president in January 2003, and in April 2003, I sent to Congress my first proposal for tax reform. Some parts…](https://sms4smile.com/quotes/luiz-inacio-lula-da-silva/i-took-office-as-president-in-january-2003-and-in-april-2003-i-sent/) [Luiz Inacio Lula da Silva](https://sms4smile.com/quotes/author/luiz-inacio-lula-da-silva/) ## More by Charles Schumer > [When the President starts talking about something, it makes a difference.](https://sms4smile.com/quotes/charles-schumer/when-the-president-starts-talking-about-something-it-makes-a/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [When a nominee doesn't get 60 votes, you shouldn't change the rules, you should change the nominee.](https://sms4smile.com/quotes/charles-schumer/when-a-nominee-doesn-t-get-60-votes-you-shouldn-t-change-the-rules/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs…](https://sms4smile.com/quotes/charles-schumer/if-you-talk-privately-to-our-tech-companies-our-pharmaceutical/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [Donald Trump, when he gives his speeches, talks like a populist. 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There is no guarantee that employer sanctions will work… ](https://sms4smile.com/quotes/charles-schumer/this-bill-immigration-reform-and-control-act-of-1986-is-a-gamble-a/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [This is government's primary function - to keep us safe - and when large percentages in America don't feel safe, they start asking: What…](https://sms4smile.com/quotes/charles-schumer/this-is-government-s-primary-function-to-keep-us-safe-and-when-large/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [ No one believed \[the 1986 amnesty for illegal aliens\] was tough enough on illegal immigration, and it didn't give enough flexibility on future legal immigration. ](https://sms4smile.com/quotes/charles-schumer/no-one-believed-the-1986-amnesty-for-illegal-aliens-was-tough-enough/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [What I want to do first with education is my student loan idea. 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That went to the Cayman Islands and…](https://sms4smile.com/quotes/henry-rollins/that-s-where-the-economy-is-going-it-went-somewhere-just-not-to/) [Henry Rollins](https://sms4smile.com/quotes/author/henry-rollins/) > [Twenty-three cents may not sound like a lot to someone with a Swiss bank account.](https://sms4smile.com/quotes/lilly-ledbetter/twenty-three-cents-may-not-sound-like-a-lot-to-someone-with-a-swiss/) [Lilly Ledbetter](https://sms4smile.com/quotes/author/lilly-ledbetter/) > [When the earthquake hit Haiti in 2010, I was on vacation in the Cayman Islands.](https://sms4smile.com/quotes/anonymous/when-the-earthquake-hit-haiti-in-2010-i-was-on-vacation-in-the-cayman/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Now, for Romney to believe that somebody's grandmother is going to be so cut off she is going to self deport... 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Contact Us today on Tel: 345 516 3521.”](https://sms4smile.com/quotes/diamondproperties/for-rent-properties-at-diamond-properties-grand-cayman-real-estate/) [Diamondproperties](https://sms4smile.com/quotes/author/diamondproperties/) [Browse all 20 Cayman islands quotes ](https://sms4smile.com/quotes/about/cayman-islands/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "When Mitt Romney says he wants to reform the tax code, hold on to your wallets.", "creator": { "@type": "Person", "name": "Charles Schumer" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/charles-schumer/when-mitt-romney-says-he-wants-to-reform-the-tax-code-hold-on-to-your/", "about": { "@type": "Thing", "name": "Cayman islands" }, "@id": "https://sms4smile.com/quotes/charles-schumer/when-mitt-romney-says-he-wants-to-reform-the-tax-code-hold-on-to-your/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg", "contentUrl": "https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg", "url": "https://sms4smile.com/quotes/i/8b8/charles-schumer-10224_cayman-islands_when-mitt-romney-says-he-wants-to-reform_284639.jpg", "width": 1080, "height": 1080, "caption": "“When Mitt Romney says he wants to reform the tax code, hold on to your wallets.” — Charles Schumer", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Charles Schumer", "item": "https://sms4smile.com/quotes/author/charles-schumer/" }, { "@type": "ListItem", "position": 4, "name": "When Mitt Romney says he wants...", "item": "https://sms4smile.com/quotes/charles-schumer/when-mitt-romney-says-he-wants-to-reform-the-tax-code-hold-on-to-your/" } ], "@id": "https://sms4smile.com/quotes/charles-schumer/when-mitt-romney-says-he-wants-to-reform-the-tax-code-hold-on-to-your/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```