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Taxes Quotes

“When I became finance minister in 1991, I discovered that the wealth tax rates income - there was taxation on wealth. It was so atrocious and so high that actually nobody could accumulate money in an honest way. I removed that tax, and the result was that Indian companies for the first time acquired an incentive to grow big, to grow rich.”

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Author:Manmohan Singh
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“You've got to ask yourself, why won't Donald Trump release his tax returns? I think there may be a couple of reasons. First, maybe he's not as rich as he says he is. Second, maybe he's not as charitable as he claims to be. Third, we don't know all of his business dealings, but we have been told through investigative reporting that he owes about $650 million to Wall Street and foreign banks. Or maybe he doesn't want the American people to know that he's paid nothing in federal taxes.”

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Author:Hillary Clinton
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“Let's at least acknowledge who is working in America right now and what our needs are, as well as the moral question of somebody who's been here 20 years, paying taxes to which they probably do not receive a refund, and not committing any crimes, working hard, and supporting an industry. Shouldn't there be some middle ground here? Shouldn't there be a way for them to be welcome in this country?”

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Author:Anthony Bourdain
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“Let's stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.”

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Author:Hillary Clinton
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“Independent experts have looked at what I've proposed and looked at what Donald's [Trump] proposed, and basically they've said this, that if his tax plan, which would blow up the debt by over $5 trillion and would in some instances disadvantage middle-class families compared to the wealthy, were to go into effect, we would lose 3.5 million jobs and maybe have another recession.”

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Author:Hillary Clinton
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“While Donald Trump was busy with his accountants trying to figure out how to keep living like a billionaire, and all the while he was using his political connections to collect hundreds of millions of dollars in government subsidies and extra tax breaks for his companies. In other words, Trump was taking from America with both hands, and leaving the rest of us with the bill.”

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Author:Hillary Clinton
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“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.”

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Author:Jean Chatzky
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“Young men and women - young men and women signed up to serve in the military to fight terrorism. Hillary Clinton went to Washington to get funds to rebuild her city, and protect first responders but Donald Trump was fighting a very different fight. It was a fight to avoid paying taxes so that he wouldn't support the fight against terror.”

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Author:Tim Kaine
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“America should really wonder about a President Trump, who had a campaign manager with ties to Putin, pro-putin elements in the Ukraine who had to be fired for that reason. They should wonder when Donald Trump is sitting down with Vladimir Putin, is it going to be America's bottom line, or is it going to be Donald Trump's bottom line he's going to be worried about with all of his business dealings. This would be solved if Donald Trump would release his tax returns as he's told the American public that he would do.”

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Author:Tim Kaine
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“This is a very challenging time in the life of our nation. Weakened America's place in the world after the leadership of Hillary Clinton and Barack Obama on the world stage has been followed by an economy that is truly struggling, stifled by an avalanche of more taxes, more regulations, Obamacare, the war on coal and the kind of trade deals that put American workers in the back seat.”

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Author:Mike Pence
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“Donald Trump has broken his first promise [to release taxes]. Second he stood on this stage last week and when Hillary said you haven't been paying taxes, he said, that makes me smart. So it's smart not to pay for our military. It's smart not to pay for veterans, it's smart not to pay for teachers and I guess all of us who do pay for those things I guess we're stupid.”

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Author:Tim Kaine
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“You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.”

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Author:Michael Hudson
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