Popular quotes about Taxes! Wisdom and inspiration are here! | page 9
I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.
Barack ObamaWe need to have more taxes, not less, and we need the taxes we have, certainly, to provide services - for defense and education and health care. We should not cut money here in order to cut taxes.
Michael BloombergThe reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.
John ShadeggThe 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.
Dick MorrisDonald Trump is going to lower taxes, Hillary Clinton's going to raise taxes. He's going to add to our military, she's going to decrease our military. He's going to support the police at a time in which we've had the biggest increase in crime in the last 41 years. He's going to take on radical Islamic terrorism.
Rudy GiulianiAny one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase ones taxes.
Learned HandBy requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
Mike PenceGod forbid that Americans earning, say, more than $1 million a year be asked to pony up a little more in taxes to support a larger military at a time when, we are told over and over, the country is in the middle of a war on terror. Millionaires can't be asked to sacrifice even just a little bit. No, they deserve to have their taxes cut while others fight and die.
E. J. DionneIf you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.
Charlie MungerAmericans 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?
Judy WoodruffImagine his delight after it 'leaked' that he will propose raising taxes on the wealthy by $320 billion over the next 10 years, including increases to the capital gains and inheritance taxes.
John PodhoretzWe are sticking with the plan. We have a plan to get taxes down, to get regulation down, to get productivity up, to create jobs, to reduce taxes, to boost prosperity. The plan is working and we are sticking with it.
Tony AbbottThe British use a system where the profits a corporation reports to shareholders is what they pay taxes on. Whereas in America we require corporations to keep two sets of books, one for shareholders and one for the IRS, and the IRS records are secret. For publicly-traded companies, the British system would tend to align the interests of the government with the interests of the company because the company wants to report the biggest possible profit. Though, all wealthy countries have high taxes as wealth requires lots of common goods, from clean water to public education to a justice system.
David Cay JohnstonWhen you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money.
W. Allen WallisWe know taxes slow down economic growth, so if you add a carbon tax you have to also minus other taxes. You can't take more money out of people's pockets. I don't think you can build a consensus in this country about environmental policy if you're going to make people poor.
Christy ClarkWhy should an atheist pay more taxes so that a church which he despises should pay no taxes? That's a fair question. How can the apologists for the church exemption answer it?
E. Haldeman-JuliusIs it wrong to love another man? Of course not. It's not. And is it wrong to love your son, marry your son, to avoid paying taxes? Of course the people that would probably do this are people on the left who want everybody to pay more taxes.
Rush LimbaughFor the first time in history, we declared war without financing it. Americans have not been asked to pay for it through taxes.
David S. BroderRecently the country has seen too much of our legislators, seeing them as a gaggle of check-kiting, judge-smearing deadbeats who don't pay their restaurant bills but raise their pay in the middle of the night. Many Americans-this columnist included-hitherto said tax increases are justified by the budget deficit now say: Give that mob more money? Never. Not a nickel of new taxes until term limits change the political culture on Capital Hill.
George WillPresident [Barack] Obama's staking his reelection hopes on rebuilding America's middle class. He wants higher taxes on the wealthy, tougher rules on Wall Street, and everyone else to get a fair shot to succeed. Republicans can cry "class warfare" if they want, but as the president put it today, it's about this country's welfare.
Chris MatthewsPolitical leaders in Illinois kicked the can down the road, raised taxes, and ignored fiscal realities. Now, they're realizing the consequences of their actions: credit downgrades and negative outlooks.
Scott WalkerA great deal has been said about my commitment not to raise taxes. It's a core value - it's common sense - it's important to keeping and growing jobs - and it's mainstream!
Tim PawlentyAll the evidence here, for example, in Britain, is that migrants, particularly from the rest of Europe, who come here contribute far more in taxes.
Tony BlairThe apportionment of taxes on the various descriptions of property is an act which seems to require the most exact impartiality; yet there is, perhaps, no legislative act in which greater opportunity and temptation are given to a predominant party to trample on the rules of justice. Every shilling which they overburden the inferior number is a shilling saved to their own pockets.
James MadisonI 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.
Herman CainWould your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
Warren BuffettI was under contract with Walt Disney at the time. I was co-starring in my second season of a show called, Texas John Slaughter. The Andy Griffith Show hired me to play Thelma Lou. I only worked when they called me. I would do an episode in two days and I got paid $500. After all the federal, state and local taxes were taken out and then my agent's commission I only got $200 some dollars per episode.
Betty LynnI believe - we all pay taxes. I'm happy to pay it, but I hate to have it abused, money wasted, no accountability. That's going to bother you.
Lou HoltzWe may be assured by past experience, that such a practice [as some states charging high taxes on goods from other states] would be introduced by future contrivances; and both by that and a common knowledge of human affairs, that it would nourish unceasing animosities, and not improbably terminate in serious interruptions of the public tranquility.
James MadisonHere is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.
Franklin D. RooseveltI was the chairman of the Budget Committee and the lead architect the last time it happened in Washington, and when we did it we had great economic growth, we cut taxes, and we had a big surplus.
John KasichIt is certain that despotism ruins individuals by preventing them from producing wealth much more than by depriving them of what they have already produced; it dries up the source of riches, while it usually respects acquired property. Freedom, on the contrary, produces far more goods than it destroys; and the nations which are favored by free institutions invariably find that their resources increase even more rapidly than their taxes.
Alexis de TocquevilleThe party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.
Herbert HooverWhen I was writing 'Kitchen Confidential,' I was in my 40s, I had never paid rent on time, I was 10 years behind on my taxes, I had never owned my own furniture or a car.
Anthony BourdainIf 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.
Jesse VenturaPhilosophy teaches a man that he can't take it with him; taxes teach him he can't leave it behind either.
Mignon McLaughlinNobody told me when I became a Democrat that that involved opposition to lower taxes.
Robert TorricelliAll it takes is Harry Reid saying a friend told him [Mitt] Romney hadn't paid his taxes in ten years and it's over. But these kinds of things aren't gonna work on [Donald] Trump.
Rush LimbaughAnybody has a right to evade taxes if he can get away with it. No citizen has a moral obligation to assist in maintaining his government
J. P. MorganWhile American taxes pay for much of the research and development that goes into creating the new, life-saving drugs, American consumers continue to subsidize the cost of the drugs for consumers across the world.
Michael K. Simpson