“When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.” ShouldHelpingPresidentHurtEconomyTaxesGainsShould HaveClintonRateIncomePresident BushPresident ClintonPresident ReaganPresident KennedyCapital Gains Author:Rob Portman
“To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.” ShouldFirstsSocialSecurityBenefitsGainsIncreaseImpactWorkersIncomeConsumersTypicalSocial SecurityInflationAmerican Workers Author:Steven Rattner
“All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It's all a matter of proper budgeting.” ShouldMatterShowsStudyWasteWorkersIncomeShopsHouseholdUnnecessaryEmployedSalaryPaychecksExpendituresPublic SectorBudgeting Author:Mark Skousen
“Armed with nothing more than a Facebook user's phone number and home address, anyone with an Internet connection and a few dollars can obtain personal information they should never have access to, including a user's date of birth, e-mail address, or estimated income.” ShouldHomeNumbersInformationBirthInternetConnectionsDollarsIncludingPhonesAccessIncomeAddressesMailUsersPhone NumbersPersonal InformationInternet Connection Author:Al Franken
“The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.” ShouldWould BeMistakeCuttingEconomicTaxesIncomeRecoveryFragileAnnualsTax CutsRaising TaxesEconomic Recovery Author:Mark Zandi
“Absolute justice demands that mens incomes and rewards should ... vary, and that some have more than others-so long as human justice is upheld by the provision of equal opportunity for all.” ShouldHumansLongOpportunityJusticeDemandEqualAbsolutesRewardsIncomeProvisionVaryEqual Opportunity Author:Sayyid Qutb
“People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.” PeopleShouldProblemUsedPayTaxesIncomeLike MeDividends Author:Mian Muhammad Mansha
“The cult of the omnipotent state has millions of followers in the united States. Americans of today view their government in the same way as Christians view their God; they worship and adore the state and they render their lives and fortunes to it. Statists believe that their lives - their very being - are a privilege that the state has given to them. They believe that everything they do is - and should be - dependent on the consent of the government. Thus, statists support such devices as income taxation, licensing laws, regulations, passports, trade restrictions, and the like.” WayShouldBelieveStatesGovernmentTodayChristianLawGivenUnitedViewsMillionsUnited StatesSupportWorshipTradeFortunePrivilegeIncomeDependentDevicesFollowersRegulationConsentCultAdoreTaxationRestrictionIncome TaxPassportsOmnipotentLicensing Book:The tyranny of gun control Source: The tyranny of gun control
“I believe that people of my income group should pay more, and I explained why, but that won't necessarily lift overall wage levels.” PeopleShouldBelieveI BelieveLevelsPayGroupsIncomeLifts Author:William J. Clinton
“Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.” IfsWayNeedsShouldDoeEndsProblemRunningOpportunityGrowthResultsGreaterFailingHigherCostSucceedIncreaseOriginalsFinalsPopulationDuesIncomeConsumptionNew WaysBetter OffInventorShortageScarcity Author:Julian Simon
“[E]very man, everywhere, should be free to develop his talents to their full potential - unhampered by arbitrary barriers of race or birth or income.” MenShouldMoneyRaceEducationTalentBirthIncomeBarriersArbitraryFull Potential Book:Public Papers of the Presidents of the United States: Lyndon B. Johnson, 1968-1969 Source: Public Papers of the Presidents of the United States: Lyndon B. Johnson, 1968-1969
“Millions and millions of people don't pay an income tax, because they don't earn enough to pay on one, but you pay a land tax whether it ever did or ever will earn you a penny. You should pay on things that you buy outside of bare necessities. I think this sales tax is the best tax we have had in years.” PeopleThinkingShouldYearsEnoughPayMillionsLandTaxesIncomeAgriculturePenniesIncome TaxSales Tax Author:Will Rogers
“I believe that there should be a very much heavier progressive tax on very large incomes, a tax which should increase in a very marked fashion for the gigantic incomes.” ShouldBelieveI BelieveFashionTaxesIncreaseIncomeProgressiveProgressive Tax Author:Theodore Roosevelt
“Our incomes should be like our shoes, if too small, they will gall and pinch us, but if too large, they will cause us to stumble and to trip. Wealth, after all, is a relative thing, since he that has little and wants less is richer than he that has much but wants more. True contentment depends not upon what we have; a tub was large enough for Diogenes, but a world was too little for Alexander.” IfsWorldWantShouldLittlesEnoughCausesWealthDependsShoesIncomeContentmentRelativeTubs Author:Charles Caleb Colton