“Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.” LongDoeProblemGovernmentDesireChoicesSocialTermSecurityDemandTaxesToughSpendingBudgetsLong TermEfficientSocial SecurityEntitlementAccountingMedicareSave MeDeceptiveGimmicksTough Choices Author:Reince Priebus
“Let's talk about how to fill out your 1984 tax return. Here's an often overlooked accounting technique that can save you thousands of dollars: For several days before you put it in the mail, carry your tax return around under your armpit. No IRS agent is going to want to spend hours poring over a sweat-stained document. So even if you owe money, you can put in for an enormous refund and the agent will probably give it to you, just to avoid an audit. What does he care? It's not his money.” IfsWantGivingDoeCareHoursReturnTaxesHumorousDollarsTechniqueEnormousAgentsSweatMailDocumentsAccountingOverlookedIrsTax ReturnsArmpitsRefundsDoes He Care Author:Dave Barry
“By the standards of honest, if unorthodox, accounting, government workers don't pay taxes, but are paid out of taxes. In other words, they pay taxes out of money confiscated from taxpayers, who, in turn, pay taxes twice: on their own income and on the income of members of the bureaucracy. At the very least, this should disqualify state workers from voting.” IfsShouldStatesGovernmentTurnsPayHonestTaxesMembersStandardsPaidWorkersIncomeVotingBureaucracyTaxpayersAccountingUnorthodoxGovernment Workers Author:Ilana Mercer
“I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.” PeopleIfsThinkingShouldLooksCountryTermSituationCrazyTaxesOfficePaidRateAverageSecretaryLowestAccountingPayrollForbesPayroll Tax Author:Howard Warren Buffett
“The U.S. tax code was written by A students. Every April 15 we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail.” PayWrittenStudentsTaxesCodeJailAprilAccounting Author:P. J. O'Rourke
“I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into mine. He said, "What these other accounting firms have done is very unethical. The [tax avoidance scheme] works best if it's not found out [by the IRS], so we only give it to our best clients, not the rest, so it's unlikely to be discovered. So my firm is better than the others." [Laughter] I'm not kidding. And he was a perfectly nice man. People just follow the crowd...Their mind just drifts off in a ghastly way.” PeopleIfsMenWayGivingMindHas BeensSaidDoneFoundNiceMinesTaxesLaughterFellowsCrowdsGladFirmSchemesClientsUnlikelyAvoidanceVery NiceAccountingAccountantsIrsGhastlyUnethicalNice Man Author:Charlie Munger
“Suppose that throughout your childhood you were good with numbers. Other kids used to copy your homework. You figured store discounts faster than your parents. People came to you for help with such things. So you took accounting and eventually became a tax auditor for the IRS. What an embarrassing job, right? You feel you should be writing poetry or doing aviation mechanics or whatever. But then you realize that tax collecting can be a calling too.” PeopleFeelsShouldWritingHelpingKidsJobsUsedParentRealizingNumbersChildhoodCallingTaxesStoresFasterYour ChildrenAviationCopiesEmbarrassingMechanicCollectingHomeworkAccountingIrsDiscountsWriting PoetryAuditors Author:James Hillman
“If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.” IfsLooksTaxesOfficeRateSecretaryAccountingPayrollForbesPayroll Tax Author:Warren Buffett
“It was the king's army, the king's people, the king's taxes; and he who questioned the propriety of the royal prerogative of taking from his people without return or accounting, was reckoned, and felt himself to be, a criminal, guilty of the highest crime of disloyalty.” PeopleFeltCrimeReturnKingsTaxesHighestArmyCriminalsGuiltyRoyalAccountingProprietyPrerogativeDisloyalty Author:John Buchanan Robinson