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Taxes Quotes

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Taxes Quotes

“5: Social security will break small business, become a huge tax burden on our citizens, and bankrupt our country! 1944: The G.I. Bill will break small business, become a huge tax burden on our citizens, and bankrupt our country! 1965: Medicare will break small business, become a huge tax burden on our citizens, and bankrupt our country! 1994: Health care will break small business, become a huge tax burden on our citizens, and bankrupt our country!”

“Now they got such a high inheritance tax on 'em that you won't catch these old rich boys dying promiscuously like they did. This bill makes patriots out of everybody. You sure do die for your country if you die from now on.”

“It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.”

“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.”

“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I'll resort to headlines and force the people into this fight.”

“What's important to remember politically about this, is if you’re a state and you don’t set up an Exchange, that means your citizens don’t get their tax credits. But your citizens still pay the taxes that support this bill. So you’re essentially saying to your citizens, you’re going to pay all the taxes to help all the other states in the country. I hope that’s a blatant enough political reality that states will get their act together and realize there are billions of dollars at stake here in setting up these Exchanges, and that they’ll do it. But you know, once again, the politics can get ugly around this.”

“I regard the state of which I am a citizen as a public utility, like the organization that supplies me with water, gas, and electricity. I feel that it is my civic duty to pay my taxes as well as my other bills, and that it is my moral duty to make an honest declaration of my income to the income tax authorities. But I do not feel that I and my fellow citizens have a religious duty to sacrifice our lives in war on behalf of our own state, and, a fortiori, I do not feel that we have an obligation or a right to kill and maim citizens of other states or to devastate their land.”

“This was years ago, I think during the early [Ronald] Reagan years. I came up with a plan that everybody just pay $8.95 in taxes. Cheating would be allowed. But the incentive to cheat wouldn't be nearly as great if you only had to pay the $8.95. There were a few people who would have to pay hundreds of millions of dollars under this plan. I think it was Mark Goodson and Bill Todman, the guys who do the quiz shows. But almost everybody else would be off really cheap.”

“[The healthcare bill is a] headlong rush into socialism....we will not stand for the Obama-Pelosi-Reid hijacking of our freedom and democracy so they can impose their socialist 'utopia' of higher taxes, restricted access, inferior quality, and deadly inefficiency on the best health care system in the world....You and the RNC are all that stand between the Democrats' scheme to take more of your hard-earned income to pay for this unsustainable, freedom destroying entitlement and an opportunity to work for real, truly bipartisan step-by-step solutions.”

“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.”

“So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.”

“We owe something to the government to grow up in this great country. I'm tired of hearing people in the private sector talk like they don't owe the government anything. We do. This is a great country because we all pay into it. It's about time we all pay into it. ... If we paid the same amount of taxes we paid when Bill Clinton was president, I would be a happy guy, and the budget would be closer to balanced. You cannot give away money, whether you give it to rich or poor people. That's what George Bush did -- excuse me, trillions of dollars. You can't do that.”

“Government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.”

“Bill Clinton gives the appearance of taking stands-for some sort of tax cut, some sort of welfare reform, some sort of balanced budget-but these are ploys, mirages: they exist only to undermine positions taken by the Republicans. He doesn't fight for anything substantive-except of course, re-election. ...He has fallen into the dangerous habit of lip synching the presidency: he gives the appearance of leadership, but not the substance.”

“The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.”

“To get started, track your expenses for a couple of months. Then you should be able to start filling in your estimated debits and deposits for the next few months. Once you get it rolling for a while, you will be able to see your budget for the upcoming months reflected in the estimated totals. You can even notice year-to-year trends, like bonuses, tax bills, etc. that come up routinely and it will help you budget accordingly.”

“I think something like three-quarters of American currency is held abroad, by drug dealers, by tax evaders, Russians and Chinese. Other people think that they want to protect themselves against their own currency going down. When you have 75% of the currency and even more of the high-denomination $100 bills held abroad, you wonder whether these are people we really want to pay. If you get rid of the $100 bills, its foreign holders will be the main losers.”

“The Government in their own terms, for example, they banked the income for the backpackers' tax. But they had a process attached to the backpackers' tax of review that they wanted to go through. What the Government's saying now with this bill is any process, any detail, any reinvestment that Labor had as part of its package, we're meant to ignore all of that and it's only the cut part of it that we're meant to be committed to.”

“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.”

“Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic policy approach favored by Republicans of putting lots of money into building roads and cutting taxes. Markets like that. But, at the end of the day, someone always has to foot the bill.”

“I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.”

“You bet every member of Congress who votes for this bill ought to read it, read it thoroughly, and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy, paid for with nearly a trillion dollars in new taxes on individuals and small businesses. And it must be opposed.”