“Over the years, dozens of American companies have filed papers to trade in their U.S. corporate citizenship for citizenship in tax haven countries like Bermuda.” YearsCountryCompanyHavensTaxesPaperTradeCorporateDozenCitizenshipPapersBermuda Author:Richard Neal
“He's a family man and a businessman. He spent his career building successful companies. Then, he saved the 2002 Olympics and brought pride to our nation. As governor, he balanced the budget, cut taxes, and created jobs. The president America needs is Mitt Romney!” MenNeedsJobsAmericaNationsPresidentCompanyCareersSuccessfulCuttingBuildingPrideTaxesSavedBudgetsBalancedGovernorsOlympicsBusinessmanRomneyFamily ManSuccessful CompanyBudget Cuts Author:Reince Priebus
“Obama sees everything backward. Where Americans see individual achievement, he sees government's work. Where we see failing companies, he sees innovation worth subsidizing. Where we see the need for economic growth, he sees a need for higher taxes.” NeedsGovernmentIndividualGrowthCompanyFailingEconomicHigherTaxesAchievementInnovationEconomic GrowthIndividual Achievement Author:Reince Priebus
“First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.” FirstsEnergyPayCompanyShareIndustryHigherTaxesPercentFairsRateCurrentsOilDebateDespiteGasFair ShareOil And Gas Author:John S. Watson
“My company is now in it's third year of trading with CBS accountants. I have found them 100% professional and their expertise in complex tax matters is worth its weight in gold. As a result, I have recommended them to many colleagues who are also very happy with the service provided.” YearsMatterFoundResultsCompanyTaxesGoldThirdsWeightComplexesWorth ItColleaguesVery HappyTradingExpertiseAccountants Author:Christopher Wray
“The physical power to get the money does not seem to me a test of the right to tax. Might does not make right even in taxation. To hold that what the use of official authority may get the state may keep, and that if it cannot get hold of a nonresident stockholder it may hold the company as hostage for him, is strange constitutional doctrine to me.” IfsMayDoeStatesUseSeemsMightCompanyStrangeTaxesAuthorityTestsDoctrineOfficialsTaxationHostage Author:Robert H. Jackson
“... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.” GivingWisdomJobsPoliticsCompanyEconomyTaxesLaborIncreaseBillsProductivityEmploymentLiberalismOwnershipEmergenciesIncentives Author:Jack Kemp
“So, it's pretty crazy. Look, we're bailing out Wall Street, we're bailing out banks, we're bailing out car companies. In fact, did you know there's a special box on your tax form this year you can check if you want a portion of your taxes to actually go to running the government?” IfsKnowsWantYearsLooksFactsGovernmentRunningFormCompanyCrazyStreetsSpecialCarWallTaxesBoxesChecksPortionsDid You KnowBailing Out Author:Jay Leno
“Warren Buffett's company reportedly owes the IRS a billion dollars in back taxes. When he said he wasn't paying enough taxes, he wasn't kidding.” SaidEnoughCompanyTaxesDollarsBillionsIrsBuffettWarren Buffet Author:Jay Leno
“I've built companies, I've created jobs, I know the frustration of small businesses with higher taxes.” KnowsJobsCompanyHigherTaxesBuiltFrustrationSmall Business Author:Rick Scott
“The money that we make from the company goes into The Body Shop Foundation, which isn't one of those awful tax shelters like some in America. It just functions to take the money and give it away.” GivingBodyAmericaCompanyTaxesFunctionFoundationAwfulShopsShelter Author:Anita Roddick
“It is not fair that people who are born in the UK to parents who are domiciled here, can later in life claim to be non-doms and live here, it is not fair that non-doms with residential property here in the UK can put it in an offshore company and avoid inheritance tax.” PeopleLifeParentBornCompanyTaxesFairsClaimsPropertyInheritanceNot FairLater In LifeOffshoreDomsInheritance Tax Author:George Osborne
“Undoubtedly Internet has reduced the possibilities of taxation. Why should I buy something here if I can buy it from a company in Japan or England or Brazil with a lower tax?” IfsShouldI CanCompanyPossibilityInternetTaxesEnglandJapanShould ITaxationBrazil Author:Milton Friedman
“Maybe we should be directing our anger elsewhere - like toward Wall Street. Why is it we never think of Big Business when we think of welfare recipients? Companies take more of our tax dollars, and in much more questionable ways, than do those who are trying to heat their apartments with a kerosene stove.” ThinkingWayShouldTryingBigsBusinessCompanyStreetsWallTaxesDollarsWelfareHeatElsewhereApartmentBig BusinessQuestionableStovesTax DollarsWelfare Recipients Author:Michael Moore
“In nations that have become too complex, taxes and regulation cause at least a doubling of the amount employers must spend on labor. Many experts call this 'progress,' but the natural result is that many companies respond by sending their operations and jobs to less costly nations.” JobsNationsCausesNaturalResultsCompanyProgressAmountTaxesLaborComplexesOperationsExpertsRegulationEmployers Author:Oliver DeMille
“If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don't just say, 'I'm not going to file.' There are ways to deal with these things, but you must communicate with your creditors, whether it's a credit card company or tax department.” IfsWayDealsCompanyIssuesTaxesCommunicateCreditDebtCardsDepartmentFilesCredit CardCreditorsDealing With It Author:Hill Harper
“Every candidate running for president has got to answer the following very simple question: At a time when we need to address the planetary crisis of climate change, and transform our energy system away from fossil fuels and into energy efficiency and sustainability, should we continue to give $135 billion in tax breaks and subsidies over the next decade to fossil fuel companies?” NeedsGivingShouldRunningNextEnergyPresidentSimpleAnswersCompanyBreakTaxesCrisisClimateClimate ChangeFollowingDecadesBillionsCandidatesFuelAddressesSustainabilityEfficiencyFossilsFossil FuelSubsidiesTax BreaksEnergy Efficiency Author:Bernie Sanders
“I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.” KidsCompanyTaxesStoresHungryLiquorRobbersOffshoreLiquor Stores Author:Warren Buffett
“Instead of creating new jobs, Republicans gave tax cuts to companies that send jobs overseas.” JobsCompanyCuttingRepublicanTaxesCreatingTax CutsNew Job Author:Joe Baca
“The House okayed the gasoline tax cut, which will increase the deficit, line the pockets of the oil companies, and hurt the environment; Dole said that if there was just some way this could interfere with people's sex lives, it would be perfect legislation.” PeopleIfsWaySaidWould BeHouseSexHurtLinesPerfectCompanyEnvironmentCuttingTaxesIncreaseOilPocketsInterfereLegislationDeficitTax CutsGasolineOil Companies Author:Bill Maher
“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.” EarthLyingCompanyBreakSunPlanetsRevolutionTaxesArgumentMachinesBillsSpotsAdsJohnsonFreezeCongressmanCopyingAccelerateTax BreaksEnronDepreciation Author:James Lileks
“Look at what I am proposing, and we [wih Bernie Sanders] have a vigorous agreement here. We both want to reign in the excesses of Wall Street. I also want to reign in the excesses of Johnson Controls that we bailed out when they were an autoparts company, and we saved the auto industry, and now they want to avoid paying taxes.” WantLooksCompanyStreetsWallIndustryTaxesSavedAgreementExcessReignJohnsonVigorousPaying TaxesAuto Industry Author:Hillary Clinton
“I think companies trying to exercise a so-called inversion should be hit with an exit tax. So I want to change behaviors, and I am deeply distressed about quarterly capitalism, because I think it is causing businesses to make decisions that are not helping the long-term profitability of American corporations or the success of our economy.” ThinkingWantShouldTryingLongHelpingTermDecisionCompanyEconomyExerciseTaxesBehaviorCapitalismCorporationsLong TermExitProfitabilityInversions Author:Hillary Clinton
“When I became finance minister in 1991, I discovered that the wealth tax rates income - there was taxation on wealth. It was so atrocious and so high that actually nobody could accumulate money in an honest way. I removed that tax, and the result was that Indian companies for the first time acquired an incentive to grow big, to grow rich.” WayFirstsBigsGrowsWealthResultsCompanyRichHonestTaxesFirst TimeRateIncomeFinanceIndianMinistersTaxationIncentives Author:Manmohan Singh
“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.” TryingHandsGovernmentAmericaPoliticalCompanyBreakMillionsFiguresTrumpTaxesConnectionsBillsDollarsLeavingBusyExtrasBillionaireAccountantsSubsidiesTax Breaks Author:Hillary Clinton
“Our largest companies should not be able to get away with paying hardly anything at all. It is insulting when they engage in these games like moving their headquarters over to a foreign country, on paper, not in reality, just to take advantage of lower tax breaks.” ShouldCountryRealityAbleMovingGamesCompanyBreakTaxesPaperAdvantageGet AwayInsultingForeign CountriesHeadquartersTax Breaks Author:Hillary Clinton
“If companies try to leave our country to avoid paying their fair share, if they try to outsource jobs, they're going to have to give back every tax break they ever received in our country.” IfsGivingTryingCountryJobsCompanyBreakShareTaxesFairsOur CountryGiving BackFair ShareTax Breaks Author:Hillary Clinton
“I have legally used the tax laws to my benefit and to the benefit of my company, my investors and my employees. I mean, honestly, I have brilliantly - I have brilliantly used those laws.” MeanLawUsedCompanyTaxesBenefitsHonestlyEmployeeInvestors Author:Donald Trump
“In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper!” WorldReasonAmericaCompanyTaxesHighestRateCorporateReason WhyCheaperOffshore Author:Rush Limbaugh
“In high-tax New York, in high-tax California, the governors of those states are constantly offering tax breaks, tax exemptions to any number of companies if they will locate in those states. The left does it all the time. We point it out every time we learn about it because it's hypocritical.” IfsDoeStatesLeftNumbersCompanyBreakNew YorkTaxesCaliforniaOfferingGovernorsHypocriticalTax BreaksExemptionHigh Taxes Author:Rush Limbaugh
“The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.” ImportantReasonJobsMovingCompanyHigherTaxesRateReformCompetitorsTax ReformAmerican Business Author:Paul Ryan
“More American companies are getting bought by foreign firms or they`re becoming foreign firms or they`re outsourcing. Right now the tax code says if you want to make something in another country and re-import it back into America, go ahead and do that. We don`t want to incentivize that.” IfsWantCountryAmericaCompanyBecomingRight NowTaxesCodeFirmImportsOutsourcing Author:Paul Ryan
“Having a tax code that rewards companies that are shipping jobs overseas instead of companies that are investing here in the United States, that will not make us more competitive.” StatesJobsUnitedCompanyUnited StatesTaxesRewardsInvestingCodeShipping Author:Barack Obama
“There are certain areas where foreign investors can help the local people to generate wealth, and improve their quality of life. Some companies, for example, Del Monte, which produces pineapples in Kenya, pay a huge amount of taxes, I am sure, to the Kenyan government, and they do create jobs for thousands of locals.” PeopleHelpingGovernmentJobsCertainWealthPayQualityCompanyExampleProduceHugeAmountTaxesAreasLocalsInvestorsQuality Of LifeKenyaPineapples Author:Wangari Maathai
“The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.” IfsWayRealInterestPayCompanyWorstTrumpTaxesPropertyProfitDebtCorporateOwnersLoadEstatesLiabilityLoopholesRaiders Author:Michael Hudson
“We should tax every company's carbon footprint and the carbon footprint of every building and home, to incentivize people to reduce their carbon footprint.” PeopleShouldHomeCompanyBuildingTaxesCarbonFootprintCarbon Footprint Author:Philip Kotler
“Most employers I speak to, they want to create jobs and give decent salaries. Some small and medium companies say to me they cannot afford to pay the living wage. I say "what about if I gave you a business rate cut?" and they say, yes, ok. We want companies which are skilled up, generating more profit, more corporation tax - we should not be embarrassed at success, as long as they pay their taxes.” IfsWantGivingShouldLongJobsSpeakPayCompanyCuttingTaxesRateProfitMediumsCorporationsDecentEmbarrassedEmployersSalaryLiving Wage Author:Sadiq Khan
“I'll tell you who doesn't have any personal responsibility. Companies like General Electric and others who pay absolutely no income tax.” PayResponsibilityCompanyTaxesIncomeElectricPersonal ResponsibilityIncome TaxGeneral Electric Author:Michael Moore
“If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.” IfsMeanKidsCompanyBreakCuttingCollegeTaxesDollarsOilBillionsCorporateGasOwnersMillionaireScholarshipJetBillionaireTax BreaksOil And Gas Author:Barack Obama
“Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.” GivingStatesJobsAmericaChoicesUnitedCompanyBreakUnited StatesTaxesTrainPlantWorkersShipsCorporationsUnited States Of AmericaNew JobTax Breaks Author:Barack Obama