“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
“There is no better way to return the matter of taxation to full public discusssion than to repeal the withholding taxes on wages and salaries. Only when the American people are confronted with the enormous excesses of government in a personal and direct way - by an annual bill for services rendered - will they be able to make an informed judgment about which services they want and which ones they can do without.” PeopleWayWantMatterGovernmentAbleCan DoModernReturnTaxesJudgmentDirectBillsEnormousExcessWagesTaxationSalaryModern LifeBetter WaysAnnualsWithholding Author:Karl Hess
“A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.” LosesWealthResultsFailingProduceTaxesBeatsPercentGainsInvestingFundDestroyingMarginsAnnualsVanguardIndex Funds Author:David F. Swensen
“When I write my annual tax column, some ex-IRS agent will complain, "There you go IRS bashing again." They're always saying that they're just doing their job. Someone I know once said, "You could get another job."” KnowsWritingSaidJobsTaxesComplainingAgentsExesColumnsAnnualsIrs Author:Dave Barry
“Both ground- rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents, and the ordinary rent of land are, therefore, perhaps the species of revenue which can best bear to have a peculiar tax imposed upon them.” PeopleRealBodyMightCareEnjoyWealthAttentionCasesLandProduceBearsTaxesOrdinarySpeciesLabourOwnersPeculiarRevenueAnnualsReal Wealth Book:An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2 Source: An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2
“The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.” NeedsPayCuttingTaxesProgramPaidMajorityPopulationCreditIncomeChecksWelfareProportionVotingMassiveHouseholdProposalLiftingIncome TaxAnnualsDressed UpTax CutsPerniciousRefundsWelfare Programs Author:Dick Morris
“Instead of ending U.S. military aid to the 23rd wealthiest country to use for its consistent violations of international law and human rights, we see the Obama administration escalating the annual amount of aid, so that Israel will now start each year with almost $4 billion, with $3.8 billion a year of military aid coming from our tax money to support its military, without any restrictions on how it makes - how it uses that money, what weapons in the U.S. it's able to buy.” YearsHumansCountryUseAbleLawSupportRightsMilitaryAmountTaxesWeaponsInternationalHuman RightsIsraelAidsBillionsAdministrationConsistentRestrictionViolationAnnualsInternational LawEscalating Author:Phyllis Bennis
“We're in a very Orwellian situation where when we - we've slashed defense. And we've raised taxes. And we consider $600 billion annual deficit success because it's not $1 trillion.” SituationTaxesRaisedDefenseBillionsDeficitAnnualsOrwellian Author:Victor Davis Hanson
“I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.” TaxesGainsInvestmentRateIncomeSavingMaintainingSavingsAnnualsDividendsCapital GainsSavings And Investment Author:Mitt Romney