“I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.” DecisionLevelsResultsEconomyCenturyParticularTaxesLowsThirdsRateExperimentsInequalityRegulationLow LevelTrickle Down Author:Joseph Stiglitz
“In the last few decades entire new categories of waste have come to plague and menace the American scene. Pollution is growing at a rapid rate. Pollution destroys beauty and menaces health. It cuts down on efficiency, reduces property values and raises taxes. Almost all these wastes and pollutions are the result of activities carried on for the benefit of man. A prime national goal must be an environment that is pleasing to the senses and healthy to live in. Our Government is already doing much in this field. We have made significant progress. But more must be done.” MenMadeDoneGovernmentLastsValuesGoalResultsBeautyEnvironmentCuttingGrowingProgressFieldsHealthySceneActivityTaxesWasteBenefitsRaisesPropertyRateDecadesSensesSignificantPrimeCategoriesPollutionEfficiencyPlagueRapidsMenacePollution Control Author:Lyndon B. Johnson
“My company is now in it's third year of trading with CBS accountants. I have found them 100% professional and their expertise in complex tax matters is worth its weight in gold. As a result, I have recommended them to many colleagues who are also very happy with the service provided.” YearsMatterFoundResultsCompanyTaxesGoldThirdsWeightComplexesWorth ItColleaguesVery HappyTradingExpertiseAccountants Author:Christopher Wray
“I'm sure everyone feels sorry for the individual who has fallen by the wayside or who can't keep up in our competitive society, but my own compassion goes beyond that to those millions of unsung men and women, who get up every morning, send the kids to school, go to work, try to keep up the payments on their house, pay exorbitant taxes to make possible compassion for the less fortunate, and as a result have to sacrifice many of their own desires and dreams and hopes. Government owes them something better than always finding a new way to make them share the fruit of their toils with others.” MenWayFeelsTryingDreamGovernmentKidsSchoolDesireHouseIndividualMy OwnResultsPayCompassionMorningMillionsSacrificeShareTaxesFindingsMen And WomenFruitSorryGet UpFortunateFallenEvery MorningNew WaysToilPaymentSomething BetterLess Fortunate Author:Ronald Reagan
“Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.” FirstsBelieveKindTwoDoneChoicesI BelieveResultsEconomyCuttingAchieveTypeTaxesWasteWeaknessEconomicsIncreaseInvestmentDebtPracticalsBudgetsTemporaryTransitionTaxationRevenueDeficitInadequateBoostInertiaTax CutsSurplusUnwanted Author:John F. Kennedy
“I've never seen class warfare as nasty as it is today, as a result of tax debate.” TodayResultsClassTaxesDebateWarfareNastyClass Warfare Author:Bernard Goldberg
“Remember that all tax revenue is the result of holding a gun to somebody's head. Not paying taxes is against the law. If you don't pay your taxes, you'll be fined. If you don't pay the fine, you'll be jailed. If you try to escape from jail, you'll be shot. ... Therefore, every time the government spends money on anything, you have to ask yourself, 'Would I kill my kindly, gray-haired mother for this?'” IfsTryingGovernmentRememberLawMotherAsksResultsPayFineTaxesGunShotsJailGrayRevenuePaying Taxes Author:P. J. O'Rourke
“One faction of one party, in one house of Congress, in one branch of government, doesn't get to shut down the entire government just to refight the results of an election.” GovernmentPoliticalHousePoliticsLeadershipResultsMoneyPartyDemocracyPolicyTaxesConstitutionElectionCongressIdeologyBranchesFree SpeechPolitical PartiesFactionsPartisanshipBranches Of Government Author:Barack Obama
“There are lots of other things that affect state growth besides state taxes. However, the reason I look at taxes is because these are policy variables that can be changed by state governments in order to get better results than they otherwise had.” LooksStatesReasonGovernmentOrderGrowthResultsPolicyChangedTaxesGet BetterVariablesState Government Author:Arthur Laffer
“A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.” LosesWealthResultsFailingProduceTaxesBeatsPercentGainsInvestingFundDestroyingMarginsAnnualsVanguardIndex Funds Author:David F. Swensen
“When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there's almost no chance that you end up beating the index fund.” LooksLongEndsChanceResultsPeriodsTaxesBasesInvestingFundFeesLong Periods Of TimeIndex Funds Author:David F. Swensen
“There's 6 million people living in poverty today, more than when Barack Obama got elected. 6.5 million people are working part-time, most of whom want to work full-time. We've created rules and taxes on top of every aspiration of people, and the net result is we're not growing fast, income is not growing.” PeopleWantTodayResultsPovertyMillionsGrowingTaxesIncomeBarackAspirationPart TimePoverty Today Author:Jeb Bush
“We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor.” PeopleWorldLooksHas BeensWholeAbleJobsMovingOrderLostBlackCommunityResultsNumbersExampleTaxesCapitalismLaborThirdsImpactPopulationCorporationsBlack PeopleGlobalizationThird WorldLarge NumbersCheap Labor Author:Angela Davis
“In nations that have become too complex, taxes and regulation cause at least a doubling of the amount employers must spend on labor. Many experts call this 'progress,' but the natural result is that many companies respond by sending their operations and jobs to less costly nations.” JobsNationsCausesNaturalResultsCompanyProgressAmountTaxesLaborComplexesOperationsExpertsRegulationEmployers Author:Oliver DeMille