“We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.” PeopleGivingYearsPersonsIdeasWould BeAmericaSocialForgetRichGroupsWorstAdviceSecurityTaxesIncomeCodeReliefSocial SecurityRich PeopleIncome TaxGiving AdvicePayrollPayroll Tax Author:Barney Frank
“April is tax month. If you are having trouble filing your taxes, then you should hire an accountant. They'll give you the same advice that they've given hundreds of corporations - taxes are for douche bags.” IfsGivingShouldGivenTroubleAdviceMonthsTaxesCorporationsBagsAprilAccountantsFilingDouchesDouche Bag Author:Ed Helms
“Every year I write a tax advice column and I used to always make fun of that. One year, one of my favorite IRS commissioners, I think his name was Roscoe somebody, wrote that one of the most often-asked questions by taxpayers was, "How can I contribute more?" Well, I tell ya, ol' Roscoe's really been doing situps under parked cars again. I've heard a lot of people ask a lot of questions about taxes, but I never heard anybody say, "How can I, the ordinary person, send more money for no reason?"” PeopleThinkingWritingYearsWellsPersonsReasonUsedAsksNamesFunHeardAdviceCarTaxesOrdinaryMy FavoriteNo ReasonMore MoneyTaxpayersColumnsIrsOrdinary PersonYear OneCommissioners Author:Dave Barry
“[American tax laws] are constantly changing as our elected representatives seek new ways to ensure that whatever tax advice we receive is incorrect.” WayLawAdviceTaxesRepresentativesNew Ways Author:Dave Barry
“If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.” IfsWholeProblemWonderfulAdviceTaxesPaidTradeInvestingBunchBest ThingsThings To DoCash Author:Warren Buffett
“...in terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes. I see terrible mistakes from people being overly motivated by tax considerations. Warren and I personally don't drill oil wells. We pay our taxes. And we've done pretty well, so far. Anytime somebody offers you a tax shelter from here on in life, my advice would be don't buy it.” PeopleTryingWellsLongDoneWould BeCausesTermPayMistakeToo MuchAdviceTerribleOffersTaxesStandardsLifetimeOilDumbConsiderationMotivatedShelterLong LifeDrillsReally Dumb Author:Charlie Munger