Quotes About Taxation

Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.

There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome.

It is not possible to starve an organised terrorist group because it is number one a state, so it levies taxation inside the territory that is controlled by Islamic State. But also the activity, for example the smuggling of oil, is taking place in an area which is a war zone. So of course people will buy that oil because they don't have any alternative. So even if we wanted to stop that kind of trade, it will be very, very difficult to do that.

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.

Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.

Men like Henry George [ the pioneer of land value taxation] are rare, unfortunately. One cannot imagine a more beautiful combination of intellectual keenness, artistic form, and fervent love of justice.

If men will permit themselves to think, as rational beings ought to think, nothing can appear more ridiculous and absurd, exclusive of all moral reflections, than to be at the expence of building navies, filling them with men, and then hauling them into the ocean, to try which can sink each other fastester. Peace, which costs nothing, is attended with infintely more advantage than any victory with all its expence. But this, though it best answers the purpose of Nations, does not that of Court Governments, whose habited policy is pretence for taxation, places, and offices.

If politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as opposed to cutting back on spending.

If it is the duty of the State to educate, it is the duty of the State also to bear the burden of education, namely, the taxation out of which education is provided.

I have lived and worked in Britain all my life. Not even in the dark days of penal Labour taxation in the Seventies did I have any intention of leaving the country of my birth.

I think that the spirit of America is still very much one of where people want to work hard and the majority of people want to work hard. They want to be entrepreneurs. But when you have that all taken away with government regulation or with government overbearance of taxation, you start to wonder whether if it's even worthwhile because who are you really working for? Are you working for yourself, are you working for the government? In the end, this wealth distribution scheme that's at the heart of the current political administration is an inherently wrong one.

An expropriating property protector (the state, through taxation) is a contradiction in terms

It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend.

Is there a point of taxation wherein even a Democrat would acknowledge it is thievery by the government?

Highly graduate taxation realizes most completely the supreme danger of democracy, creating a state of things in which one class imposes on another burdens which it is not asked to share, and impels the State into vast schemes of extravagance, under the belief that the whole costs will be thrown upon others.

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry.

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.

Taxation of private property, or the regulation of such property so as to reduce its value, can become in effect a form of servitude.

Taxation, gentlemen, is very much like dairy farming. The task is to extract the maximum amount of milk with the minimum amount of moo.