I see no magic in tax dollars which are sent to Washington and then returned. I abhor the waste and incompetence of large-scale federal bureaucracies in this administration as well as in others. I do not favor state compulsion when voluntary individual effort can do the job and do it well.

Persons are judged to be great because of the positive qualities they possess, not because of the absence of faults.

In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.

It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough jobs or enough profits.

The new and terrible dangers which man has created can only be controlled by man.

The only significance of analyzing the past is that it does give us some key to the future.

It is no contradiction - the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction ofindividualincometaxrates.