Quotes About Taxes

Politicians like to talk about the income tax when they talk about overtaxing the rich, but the income tax is just one part of the total tax system. There are sales taxes, Medicare taxes, social security taxes, unemployment taxes, gasoline taxes, excise taxes - and when you add up all of those taxes [many of which are quite regressive], and then you look at how they affect the rich and the poor, you essentially end up with a system in which the best off 20 percent of Americans pay one percentage point more of their income than the worst off 20 percent of Americans.

I'm the one who will not raise taxes. My opponent now says he'll raise them as a last resort, or a third resort. But when a politician talks like that, you know that's one resort he'll be checking into. My opponent, my opponent won't rule out raising taxes. But I will. And The Congress will push me to raise taxes and I'll say no. And they'll push, and I'll say no, and they'll push again, and I'll say, to them, Read my lips: no new taxes.

There is only one way to kill capitalism - by taxes, taxes, and more taxes.

The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble.

With taxes, if they aren't working right, we can change them with a stroke of the pen. It's basically a market-type mechanism. People make their own choices. You run the taxes, and you get the results.

The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.

Taxes will eventually become a voluntary process, with the possible exception of real estate - the one physical thing that does not move easily and has computable value. The US has a jump-start on the practice, in that 65 percent of local school funds come from real estate taxes - a practice Europeans consider odd and ill advised. But wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and nowhere.

If I were a candidate for running, I'd say, "Look at what the economy has done." It's strong. We've created a lot of jobs. I'd be telling people that the Democrats will raise your taxes. I'd be reminding people that tax cuts have worked in terms of stimulating the economy. I'd be reminding people there's a philosophical difference between those who want to raise taxes and have the government spend the money, and those of us who say, "You get to spend the money the way you want to see fit. It's your money."

Congress also did something new, which is, they delayed for two years two new taxes - one on medical devices and one on high-end health insurance plans. Those taxes are supposed to help pay for President Obama's health care law, but they're really unpopular.

Warren Buffett's company reportedly owes the IRS a billion dollars in back taxes. When he said he wasn't paying enough taxes, he wasn't kidding.

Americans tend not to be too enthusiastic about having their taxes raised again....But if the American people aren't going to accept it, if the politicians don't have the courage to raise taxes, what are we facing down the road?

The only one benefiting from this, the American taxpayer, almost half of our taxes, our income taxes, are going to the military and to these wars.

I got tired of my taxes paying for exciting little wars around the world. Then I discovered that when I died, my wife would probably have to sell our house to pay for the taxes in America.

[I] shall never use profanity except in discussing house rent and taxes. Indeed, upon second thought, I will not use it then, for it is unchristian, inelegant, and degrading--though to speak truly I do not see how house rent and taxes are going to be discussed worth a cent without it.

Whether it's being repealing or replacing Obamacare, rolling back excessive regulations, making the kind of investments that'll support infrastructure, or reducing taxes and reforming business taxes across the country. That's just a sampling of the things that we're working on right now.

Some people say that taxes are the price we pay for civilization. But the runaway taxes of our time are the price we pay for being gullible.

As my father-in-law once said, when they talk about taxes it's always for teachers, firemen, and police - but when they spend your taxes, it always seems to go to some guy in a leather chair downtown you never heard of.

I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. ... because I believe the big problem is not taxes, the big problem is spending.

It is America, I don't want the government trying to control more of my life. I want less government control, and I think there are too many government regulations, laws and taxes on the books.

Republicans in Congress boosted the economy by cutting taxes and ending programs that don't work.

The history of the welfare state is the history of public enterprise pushing out private organization. The impact was largely unintentional, but natural and inevitable. Higher taxes left individuals with less money to give; government's assumption of responsibility for providing welfare shriveled the perceived duty of individuals to respond to their neighbors' needs; and the availability of public programs gave recipients an alternative to private assistance, one which did not challenge recipients to reform their destructive behavior.

Most people sell stock to pay taxes, but I didn't want to sell any stock.

As a businessman, Donald Trump has been associated with some of the worst excesses of a particular style of value-extracting and asset stripping capitalism: set up businesses, let them fail, avoid paying suppliers, use bankruptcy laws to avoid taxes for decades, then set up another business somewhere else. It is this model that is the cause of many problems we see today.

While some people might find it distasteful to pay taxes, I don't. I find it patriotic.

Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.

All's the government should do is keep the taxes and regulations at a manageable rate, keep a decent standing army and get out of the way.

The Iraq war was fought by one-half of one percent of us. And unless we were part of that small group or had a relative who was, we went about our lives as usual most of the time: no draft, no new taxes, no changes. Not so for the small group who fought the war and their families.

You don't pay taxes; they take them from your check. That's not a payment - that's a 'jack.

I think that taxes would be fair if we first get rid of the tax code. This is the ultimate solution, not to just say we're going to trim around the edges, not to say that we will try to simplify a little of this and a little of that. The problem is, replace the tax code, so we can establish tax fairness for everybody.

Puerto Rico is a government that is spending money that it doesn't have. What's coming in and what's going out don't match. That is, what they are receiving in taxes is not sufficient to cover the spending that they are taking on. And any entity that does that, whether a family, a business, a government, is going to go broke and bankrupt. They are asking to be given the right to declare bankruptcy, which I think should be an option, as a last resort, if there is no other resource.

For the first time since 2007 there is political momentum behind fixing the immigration system. President Obama in his State of the Union speech reached out to the right-wing by saying illegal immigrants seeking citizenship will have to pay taxes, learn English and get in line behind people who are trying to enter the United States. legally.

If you're a Mexican citizen whether you live in a shanty shack or the big palace on the beach, when you turn 65, your property taxes are cut in half.

The U.S. has the most complicated and difficult tax system in the world; we've made it hard to file and pay taxes.

I decided that if nobody else was going to do anything to rectify this colossal inequity in taxation, I'd have to do it myself. So I instituted a suit against the city of Baltimore demanding that the city assessor be specifically ordered to assess the Church for its vast property holdings in the city, and that the city tax collector then be instructed to collect the taxes once the assessment has been made.

We rule out raising taxes this year.

Every year I write a tax advice column and I used to always make fun of that. One year, one of my favorite IRS commissioners, I think his name was Roscoe somebody, wrote that one of the most often-asked questions by taxpayers was, "How can I contribute more?" Well, I tell ya, ol' Roscoe's really been doing situps under parked cars again. I've heard a lot of people ask a lot of questions about taxes, but I never heard anybody say, "How can I, the ordinary person, send more money for no reason?"

If you've been here 15 years and you've got three kids and grandkids and you've been paying taxes and obeying the law, you belong to a local church, I don't think we're going to separate you from your family, uproot you forcefully and kick you out.

No matter what heights you achieve, even if you're Brad Pitt, the slide is coming, sure as death and taxes.

I tried to stay away from King. You can't do it. It's like staying away from taxes. Sooner or later, he'll get you.

Most people don't know this, but if you settle a debt for less than the amount you owed, you are potentially responsible for taxes on the forgiven debt. Look at it this way: You received goods and services for the full amount of debt, but you're only paying for a portion of it - sometimes less than 50%. Anything more than $600 is generally considered taxable, but the IRS will sometimes waive the tax if you can prove that your assets were less than your liabilities when the debt was settled.

There's almost no way of doing importing honestly, because if you do you're at such a disadvantage competitively. So people spend huge amounts of effort getting around stupid laws and not paying taxes.

We're in a very Orwellian situation where when we - we've slashed defense. And we've raised taxes. And we consider $600 billion annual deficit success because it's not $1 trillion.

Many scientists and economists also say putting a price on carbon through carbon taxes and/or cap-and-trade is necessary.

coincident with the explosive growth of research, the art of writing science suffered a grave setback, and the stultifying convention descended that the best scientific prose should sound like a non-human author addressing a mechanical reader. ... We injure ourselves when we fail to make our discipline as clear and vibrant as we can to students - prospective scientists - and to the public who pay the taxes.

Senior executives can, after a fashion, get a portion of their pay tax-free. You defer part of your income and not have to pay taxes on it, and then when you retire you have the company buy a life insurance policy on you using that money. The company can deduct that money because it is a business expense, and the money will get paid out to your children or grandchildren when you die, so you have effectively given them your money and it's never been taxed.

A nation as such does not give aid to another nation. More precisely, the common citizens of our country, through their taxes, give to the privileged elites of another country. As someone once said: foreign aid is when the poor people of a rich country give money to the rich people of a poor country.

There's no way you can grow an economy with that, with that many people not working and not paying taxes, you can have any kind of government solvency, you can't have any kind of growing economy, which is exactly what the Democrats want, by the way. Much better for the Democrats that you don't work. The more you work, the less dependent on them you are. If this sounds hideous, I'm sorry, it's true.

If you are going to spend for one group, you have to spend the same for every group, just like if you tax one group you have to tax everybody. You have to go back to having more general laws, more general taxes and more general spending programs.