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Revenue Quotes

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Revenue Quotes

“... an essential feature of a decent society, and an almost defining feature of a democratic society, is relative equality of outcome - not opportunity, but outcome. Without that you can't seriously talk about a democratic state... These concepts of the common good have a long life. They lie right at the core of classical liberalism, of Enlightenment thinking... Like Aristotle, [Adam] Smith understood that the common good will require substantial intervention to assure lasting prosperity of the poor by distribution of public revenues.”

“Owning your own home is America's unique recipe for avoiding revolution and promoting pseudo-equality at the same time. To keep citizens puttering in their yards instead of sputtering on the barricades, the government has gladly deprived itself of billions in tax revenues by letting home owners deduct mortgage interest payments.”

“In on summer they have done their business... they have completely pulled down to the ground their monarchy, their church, their nobility, their law, their revenue, their army, their navy, their commerce, their arts, and their manufactures... destroyed all balances and counterpoises which serve to fix a state and give it steady direction, and then they melted down the whole into one incongrous mass of mob and democracy... the people, along with their political servitude, have thrown off the yoke of law and morals.”

“Reflect how you are to govern a people who think they ought to be free, and think they are not. Your scheme yields no revenue; it yields nothing but discontent, disorder, disobedience; and such is the state of America, that after wading through up to your eyes in blood, you could only end up where you begun; that is, to tax where no revenue is to be found... all is confusion beyond it.”

“As things get worse and the State seems powerless to help, the State will seem less and less legitimate. People will lose their moral connection to it. Laws will seem more like revenue traps and shakedowns. The state will start to seem more like another extortion racket, and, as in Mexico, people will have a harder time telling the good guys from the bad guys.”

“I think that intelligent forecasting (company revenues, earnings, etc.) should not seek to predict what will in fact happen in the future. Its purpose ought to be to illuminate the road, to point out obstacles and potential pitfalls and so assist management to tailor events and to bend them in a desired direction. Forecasting should be used as a device to put both problems and opportunities into perspective. It is a management tool, but it can never be a substitute for strategy, nor should it ever be used as the primary basis for portfolio investment decisions.”

“I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.”

“The great leading objects of the federal government, in which revenue is concerned, are to maintain domestic peace, and provide for the common defense.”

“I am patriot enough to take pains to bring this usefull invention into fashion in England, and I should not fail to write to some of our Doctors very particularly about it, if I knew anyone of 'em that I thought had Virtue enough to destroy such a considerable branch of Revenue for the good of Mankind, but that Distemper is too beneficial to them not to expose to all their Resentment the hardy wight that should undertake to put an end to it.”

“The day after Republicans won solid majorities in the House and Senate, House Speaker John Boehner and Senate Majority Leader-to-be Mitch McConnell outlined priorities for the newly elected Congress. High on the list is fundamental tax reform. In addition to overhauling the federal tax code, however, Congress should rein in the Internal Revenue Service.”

“I just wanted to speak to you about something from the Internal Revenue Code. It is the last sentence of section 509A of the code and it reads: 'For purposes of paragraph 3, an organization described in paragraph 2 shall be deemed to include an organization described in section 501C-4, 5, or 6, which would be described in paragraph 2 if it were an organization described in section 501C-3.' And that's just one sentence out of those fifty-seven feet of books.”

“If any person had told the Parliament which met in terror and perplexity after the crash of 1720 that in 1830 the wealth of England would surpass all their wildest dreams, that the annual revenue would equal the principal of that debt which they considered an intolerable burden, that for one man of”

“The real reason to abolish departments like Energy and Education is not to promote efficiency, nor even to save taxpayers’ money. It is that many agencies perform functions that are not Federal responsibility. The founders delegated to the Government only strictly defined authority in Article I, Section 8, of the Constitution. Search the entire Constitution, and you will find no authorization for Congress to subsidize the arts, finance and regulate education or invest tax revenues in energy research.”