“The economy is still substantially that of the fur trade, still based on the same general kinds of commercial items: technology, weapons, ornaments, novelties, and drugs. The one great difference is that by now the revolution has deprived the mass of consumers of any independent access to the staples of life: clothing, shelter, food, even water. Air access remains the only necessity that the average user can still get for himself, and the revolution has imposed a heavy tax on that by way of pollution. Commercial conquest is far more thorough and final than military defeat.” WayKindStillsWaterDifferencesTechnologyEconomyAirMilitaryRevolutionDrugTaxesWeaponsMassIndependentRemainsTradeFinalsDefeatAverageHeavyAccessConsumersClothingsUsersPollutionShelterConsumerismConquestItemsDeprivedNoveltyFurThoroughOrnamentsOverconsumptionStaples Book:The Unsettling of America: Culture & Agriculture Source: The Unsettling of America: Culture & Agriculture
“In fact, in Parliament, I pointed out that Australians on average incomes would move into the second highest tax bracket in the next couple of years. That is going to slow down the Australian economy. It's bad for households.” YearsFactsMovingNextEconomyCoupleTaxesHighestAverageIncomeHouseholdSlow DownParliamentAustralianBrackets Author:Joe Hockey
“"Average" isn't so hot at the race track given those steep track takes. "Average" is pretty decent for stocks, something like 6 percent above the inflation rate. For a buy-and -hold investor, commissions and taxes are small.” GivenRaceTaxesPercentHotRateAverageTrackDecentInvestorsInflationSteepRace Track Author:William Poundstone
“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
“What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government.” PeopleWayWantMeanDoeGovernmentPainPoliticalPoliticsCuttingCitizensInvolvedRepublicanCostTaxesDemocratAverageSpendingTax CutsGovernment SpendingSpending Less Author:Theodore J. Forstmann
“Assuming that a tax increase is necessary, it is clearly preferable to impose the additional cost on land by increasing the land tax, rather than to increase the wage tax - the two alternatives open to the City (of Pittsburgh). It is the use and occupancy of property that creates the need for the municipal services that appear as the largest item in the budget - fire and police protection, waste removal, and public works. The average increase in tax bills of city residents will be about twice as great with wage tax increase than with a land tax increase.” NeedsTwoUseCitiesFireLandCostTaxesWasteIncreasePoliceBillsAssumingPropertyAverageProtectionAlternativesBudgetsItemsResidentsRemovalPittsburghTax IncreasesPolice Protection Author:Herbert Simon
“The tax system is stacked against the average taxpayer.” TaxesAverageTaxpayersTax System Author:Edward Kennedy
“The biggest roadblock to middle-class economic advancement is that governments confiscate more than a third of all family income. Each year the average American taxpayer works 127 days - from January 1 until May 7 - just to pay taxes.” YearsMayGovernmentPayClassEconomicMiddleTaxesThirdsAverageIncomeMiddle ClassAdvancementTaxpayersJanuaryRoadblockJanuary 1 Author:Thomas DiLorenzo
“President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.” WarStatesCoursesNationsPresidentInterestKnownPovertyPlansTaxesPercentThirdsRateAverageProsperityIncomeLocalsAdministrationContributionWealthyPresident ObamaJohnsonNotableMortgageIncome TaxCharitableDeductionsWar On PovertyPresident Lyndon Johnson Author:Dick Morris
“Why would we want to keep a tax cut that's failed? Why would we not want to go back to the Clinton tax code? And why would we not want to help every family more with a health-care plan like mine? Let's help average people. Let's be Democrats.” PeopleWantHelpingCareCuttingPlansMinesTaxesClintonDemocratAverageHealth CareCodeTax Cuts Author:Dick Gephardt
“My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?” PeopleThinkingNeedsYearsKindMeanChildrenSocialInterestMillionsPlansSecurityBirthTenTaxesPercentInvestmentRateFinancialAverageEggsRetirementOne TimeSocial SecurityNestsInterest RateAdviser Author:Cal Thomas
“In the Washington soft money game, big business and big labor are accomplices working together to protect the mushy middle of big government, with plenty of special interest plums: Big unions get big spending and big business gets corporate welfare and special tax breaks - all at the expense of average Americans.” BigsGovernmentTogetherGamesInterestBreakMiddleSpecialProtectTaxesLaborUnionsAverageSpendingPlentyCorporateWelfareWorking TogetherExpensesSpecial InterestsBig BusinessBig GovernmentPlumsAccomplicesTax Breaks Author:John McCain
“We've got people in the Republican Party that just believe that if you just cut taxes for corporations, and that you have more trade, and we just bring in more people from abroad, that this is going to help the average guy. Well, it's not. I mean, this is an honest dispute. We're going to have a dispute about it. The American people agree with [Donald] Trump and I agree with Trump on those things.” PeopleIfsBelieveWellsMeanHelpingGuyPartyCuttingHonestTrumpRepublicanTaxesAgreeTradeAverageCorporationsRepublican PartyDisputesJust Believe Author:Jeff Sessions
“You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here`s the point. The rest of the world, they tax their businesses at an average rate in the industrialized world of 23 percent. Our corporate is 35. Our top S corporate, small business rate is 44.6 effectively. This is killing us.” WorldTwoRememberPayTaxesPercentKillingRateAverageCorporateCorporationsLayersSmall Business Author:Paul Ryan
“Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.” AmericaPayLibertyProgressTaxesHumorousProfoundAverageInsaneWagesTaxationIncome TaxIrsTax DayPaying TaxesTaxes FunnyProperty Taxes Author:H. L. Mencken
“When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.” YearsMayGovernmentActionChoicesThreePoliticianTaxesBenefitsRaisesAveragePrintFederal GovernmentRevenue Author:Ron Paul