“President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.” ShouldWellsAblePresidentPaySupportMomHigherTaxesFortuneRatePopsLikesCorporationsPresident ObamaBuffettWarren Buffet Author:Rob Portman
“The Irish move to a very low corporation tax has generated very significant revenue growth, considerably in excess of Britain's, where a slower economy has been combined with a number of stealth taxes.” Has BeensMovingGrowthNumbersEconomyTaxesLowsSignificantCorporationsBritainExcessRevenueStealth Author:John Redwood
“The American economy is driven by small business. And there's nothing basically to create incentives for small businesses. We've done no tax reform. They're the highest-taxed group in the country. And corporations can go anywhere they want and do whatever they want. Small businesses have to stay.” WantCountryDoneEconomyGroupsTaxesHighestDrivenReformCorporationsSmall BusinessIncentivesAmerican EconomyTax Reform Author:Ed Rollins
“All the big corporations depreciate their possessions, and you can, too, provided you use them for business purposes. For example, if you subscribe to the Wall Street Journal, a business-related newspaper, you can deduct the cost of your house, because, in the words of U.S. Supreme Court Chief Justice Warren Burger in a landmark 1979 tax decision: Where else are you going to read the paper? Outside? What if it rains?” IfsUseBigsPurposeHouseJusticeDecisionStreetsExampleWallCostTaxesPaperHumorousRainCourtPossessionNewspapersSupremeChiefsCorporationsRelatedWhat IfJournalSupreme CourtBurgersLandmarksBig CorporationsDepreciateWall Street JournalChief JusticeBusiness Related Author:Dave Barry
“The left's obsession with corporations as a spawn of evil is pathological paranoia. A corporation is just one form of organizing a private business enterprise for purposes of limiting personal liability, issuing stock, filing financial reports and paying taxes. Other forms include partnerships and sole proprietorships. Are they less evil? You buy your groceries from corporations, your cars, newspapers, cellphones, clothing and exercise equipment. Your parents and children work for corporations. Are they evil?” ChildrenFormPurposeEvilLeftParentCarExerciseTaxesFinancialNewspapersObsessionCorporationsJust OneEnterpriseReportsClothingsSolePartnershipEquipmentGroceriesParanoiaLiabilityChildren And ParentsSpawnFilingCellphonePaying Taxes Author:Mike Rosen
“There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.” WisdomPoliticsBeliefEconomyRichEffectsTaxesCatIncomeFatsEaseCorporationsLiberalismFundLoadIncome TaxPensionBeneficiariesBrackets Author:Peter Drucker
“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
“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.” PeopleFightingForceWishPartyEffortFailingAmountTaxesBillsCorporationsAnxiousSchedulesResortsHeadlinesReductionFrictionSplittingTariffs Author:William Howard Taft
“We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor.” PeopleWorldLooksHas BeensWholeAbleJobsMovingOrderLostBlackCommunityResultsNumbersExampleTaxesCapitalismLaborThirdsImpactPopulationCorporationsBlack PeopleGlobalizationThird WorldLarge NumbersCheap Labor Author:Angela Davis
“The real problem with the IRS is that they let General Electric not pay any taxes -- and 50 other corporations -- that's the real scandal.” RealProblemPayTaxesCorporationsElectricScandalReal ProblemsIrsGeneral Electric Author:Michael Moore
“The corporations who invest in lobbyists, it pays in terms of tax loopholes, tax subsidies, all the rest. It pays. Clearly, the money has a big effect.” BigsTermPayEffectsTaxesCorporationsSubsidiesLobbyistsLoopholes Author:Mark Shields
“The billionaires pay an effective tax rate lower than nurses or truck drivers. That makes no sense at all. There has to be real tax reform, and the wealthiest and large corporations will pay.” RealPayTaxesRateReformCorporationsDriversNurseBeing RealTruckBillionaireTax ReformTruck Driver Author:Bernie Sanders
“My plan has all that. It's energy independence. It will help our economy. It's a significant tax cut for corporations, including automatic expensing. It's bringing all those profits home from Europe without any taxation. It's lowering our corporate - or our personal rate to 28 percent, the same rate that Ronald Reagan had.” HelpingHomeEnergyEconomyCuttingPlansTaxesPercentEuropeIndependenceRateIncludingProfitSignificantCorporateCorporationsTaxationTax CutsEnergy Independence Author:Sean Hannity
“This is what class warfare looks like: The Business Roundtable - representing Goldman Sachs, Bank of America, JP Morgan Chase and others - has called on Congress to raise the eligibility age of Social Security and Medicare to 70, cut Social Security and veterans' COLAs, raise taxes on working families and cut taxes for the largest corporations in America.” LooksAgeAmericaSocialClassCuttingSecurityTaxesRaisesCongressCorporationsWarfareVeteranSocial SecurityRepresentingMedicareClass WarfareGoldman SachsEligibility Author:Bernie Sanders
“Instead of talking about cuts in Social Security, Medicare and Medicaid, we must end the absurdity of corporations not paying a nickel in federal income taxes.” EndsSocialTalkingCuttingSecurityTaxesIncomeCorporationsAbsurditySocial SecurityIncome TaxMedicareNickelsMedicaidMedicare And Medicaid Author:Bernie Sanders
“Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today. As for the idea that cutting regulations will lead to significant job growth, it's just nonsense. It's just made up.” BelieveMadeIdeasReasonTodayJobsGrowthCuttingEffectsRepublicanTaxesFavorsSignificantAdministrationCorporationsNonsenseNo ReasonWealthyRegulationTax CutsJob Growth Author:Bruce Bartlett
“When corporations get special handouts from the government, subsidies and tax breaks, it costs you. It means you have to pay more in taxes to make up for these hidden expenses, and government has less money for good schools and roads, Medicare and national defense and everything else you need.” NeedsMeanGovernmentSchoolPayBreakSpecialCostTaxesDefenseCorporationsExpensesMedicareSubsidiesNational DefenseTax BreaksHandoutsGood School Author:Robert Reich
“Corporations can't have it both ways. They can't tell Americans how much they want us to buy their products, but then run abroad to avoid taxes or hire cheap labor. American corporations should pay their fair share of taxes and create decent-paying jobs here - not in China.” WayWantShouldRunningJobsPayShareProductsTaxesFairsLaborChinaCorporationsDecentWant UFair ShareCheap Labor Author:Bernie Sanders
“We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.” NeedsShouldChildrenRealCountryPayResponsibilityRichShareTaxesFairsHungryReformCorporationsIslandsWealthyProgressiveProfitableFair ShareTax SystemTax ReformCayman Islands Author:Bernie Sanders
“While big corporations make huge, tax-free profits, taxes for the everyday working person skyrocket. While politicians take free trips around the world, those same politicians cut back food stamps for the poor. While politicians increase their salaries, millions of people are being laid off. I do not understand a government so willing to spend millions of dollars on arms, to explore outer space, even the planet Jupiter, and at the same time close down day care centers and fire stations.” PeopleWorldPersonsBigsGovernmentCareSpacePoorMillionsFireCuttingWillingPlanetsHugeArmsPoliticianTaxesIncreaseDollarsEverydayProfitAround The WorldCorporationsStationsStampsSalaryOuter SpaceJupiterFood StampsBig CorporationsDay CareLaid Off Book:Assata: An Autobiography Source: Assata: An Autobiography
“Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.” NeedsGivingDoeJobsWealthClassBreakRichEconomicPolicyTaxesBenefitsEconomicsIncreaseIncomeInequalityCorporationsFraudDeficitBillionaireEconomic PolicyTax BreaksTrickle DownWealth InequalityTrickle Down Economics Author:Bernie Sanders
“If we stuck to the Constitution as written, we would have: no federal meddling in our schools; no Federal Reserve; no U.S. membership in the UN; no gun control; and no foreign aid. We would have no welfare for big corporations, or the "poor"; no American troops in 100 foreign countries; no NAFTA, GAT, or "fast-track"; no arrogant federal judges usurping states rights; no attacks on private property; no income tax. We could get rid of most of the agencies, and most of the budget. The government would be small, frugal, and limited.” IfsCountryStatesBigsGovernmentWould BeSchoolPoorRightsWrittenJudgingTaxesGunConstitutionPropertyTrackAidsStuckIncomeBudgetsCorporationsWelfareAgencyArrogantTroopsReservesGun ControlIncome TaxPrivate PropertyMembershipFederal ReserveForeign CountriesFrugalMeddlingForeign AidNaftaStates RightsAmerican TroopsBig CorporationsFederal Judges Author:Ron Paul
“Actually, Congress just did pass a tax plan like Donald Trump`s.They passed a tax plan which some Democrats voted for, significant number of Democrats which gave huge tax breaks to wealthy people and corporations.” PeopleNumbersBreakPlansHugeTrumpTaxesDemocratCongressSignificantCorporationsWealthyTax BreaksSignificant Numbers Author:Lawrence O'Donnell
“Do away with the corporate loopholes that allow major profitable corporations to stash their money in the Cayman Islands and not pay a nickel in some cases in federal income taxes.” PayCasesTaxesMajorsIncomeCorporateCorporationsIslandsProfitableIncome TaxLoopholesNickelsCayman Islands Author:Lawrence O'Donnell
“Now all of the ideas that I'm talking about, they are not radical ideas. Making public colleges and universities tuition free, that exists in countries all over the world, used to exist in the United States. Rebuilding our crumbling infrastructure, and creating 13 million jobs by doing away with tax loopholes that large corporations now enjoy by putting their money into the Cayman Islands and other tax havens. That is not a radical idea.” WorldIdeasCountryStatesJobsUsedEnjoyUnitedTalkingMillionsUnited StatesHavensCollegeTaxesCreatingUniversityRadicalCorporationsIslandsInfrastructureRebuildingCrumblingTuitionLoopholesColleges And UniversitiesRadical IdeasCayman IslandsCrumbling Infrastructure Author:Bernie Sanders
“When I talked about Boeing and I talked about General Electric, what I was referring to is an outrage... Right now you have a loophole such that these guys are putting their profits, multi-billion dollar profitable corporations putting billions of dollars into the Cayman Islands, Bermuda, and other tax havens.” GuyHavensRight NowTaxesDollarsProfitBillionsCorporationsIslandsElectricProfitableOutrageReferringLoopholesBoeingBermudaGeneral ElectricCayman Islands Author:Bernie Sanders
“The future of the Democratic Party, the future of this country is involving young people in the political process, getting them to stand up for their rights, dealing with student debt, which I got to tell you is just crushing people all over this country, making public colleges and universities tuition free, those are the ideas we are bringing out, demanding the wealthy and large corporations start paying their fair share of taxes. This is what younger people, working class people want. That is the future of the Democratic Party.” PeopleWantIdeasCountryYoungPoliticalProcessPartyClassRightsShareStudentsCollegeTaxesFairsDemocraticUniversityDebtCorporationsCrushWealthyWorking ClassDemocratic PartyInvolvingTuitionFair ShareColleges And Universities Author:Bernie Sanders
“The problem is that corporations have way too much power in Congress and the government and they're rigging the system so that they don't pay taxes, but we do. We pay for all these crazy wars they come up with.” WayWarProblemGovernmentPayToo MuchCrazyTaxesCongressCome UpCorporationsToo Much Power Author:Richard Patrick
“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
“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
“In fact, the corporations are driving out the competition and it is not getting better, especially when they are not paying income taxes. Thank goodness for the social media out there, because we sure can't count on the corporate media to get the word out.” FactsSocialMediaTaxesGoodnessCompetitionSocial MediaDrivingIncomeCorporateCorporationsGet BetterIncome Tax Author:Dolores Huerta
“The tax code rewards corporations for outsourcing jobs, and their profits overseas, instead of investing here in the United States.” StatesJobsUnitedUnited StatesTaxesRewardsInvestingProfitCodeCorporationsOutsourcing Author:Hillary Clinton
“In the meantime the big corporations are fleeing America for tax havens and places like Ireland, Luxembourg and the Grand Cayman Islands; the rich are finding more tax loopholes to expect; so when are the people going to basically roll up their sleeves and say, we've had enough, we're going to recapture Congress.” PeopleEnoughBigsAmericaRichHavensTaxesFindingsCongressCorporationsIslandsIrelandSleevesHad EnoughFleeingLoopholesBig CorporationsCayman Islands Author:Ralph Nader
“Cutting taxes even more on the wealthy and corporations, that's not going to help anybody except the wealthy and corporations.” HelpingCuttingTaxesCorporationsWealthy Author:Hillary Clinton
“If Trump and his team are able to lower the corporate tax rate to 15%, you look out. The left have told people that corporations are gonna hide the money or shelter the money or keep it for the CEO. They're not gonna give it away, they're not gonna sharing it, it isn't gonna trickle down. You watch.” PeopleIfsGivingLooksAbleLeftWatchesTeamTrumpTaxesRateCorporateCorporationsShelterCeoOld PeopleTrickle Down Author:Rush Limbaugh
“I am not supportive of large multi-national corporations that made billions a year in profit and don't pay a nickel in taxes, nor am I supportive of those corporations who throw American workers out on the street and then move to China or Mexico.” YearsMadeMovingPayStreetsTaxesWorkersProfitChinaBillionsCorporationsMexicoSupportiveNickelsAmerican Workers Author:Bernie Sanders
“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
“I should say that Canada is one of the major criminals, not just the tar sands and so on, but even mining throughout the world, a lot of it is Canadian. It's extremely destructive, so an important thing for Canadians to do is curtail the predatory and destructive behavior of their own government and corporations. A carbon tax is one way of doing it.” WorldWayShouldImportantGovernmentTaxesBehaviorMajorsImportant ThingsCriminalsOne WayCorporationsCanadaSandDestructiveCarbonMiningPredatoryCarbon TaxDestructive Behavior Author:Noam Chomsky
“Our international banking system allows banks to accept funds gained from tax evasion and other crimes and thereby facilitates and encourages embezzlement by public officials, especially in developing countries, as well as tax evasion and tax avoidance by multinational corporations.” WellsCountryAcceptingCrimeTaxesInternationalDevelopingCorporationsOfficialsFundBankingAvoidanceFacilitateEvasionDeveloping CountriesBanking SystemMultinationalsPublic OfficialsMultinational CorporationsEmbezzlementTax Evasion Author:Thomas Pogge
“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
“Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.” GivingJobsFormBreakTaxesCorporationsExtrasGeneral PublicTax BreaksTrickle Down Author:Andrew Mellon
“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