Best taxes & economic Quotes | Short & Famous Sayings

Source: Message of the President of the United States to the Congress at the Beginning of the Second Session of the Sixty-eighth Congress, December 3 1924

“Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.”

Want Wells Has Beens Growth Economy Cutting Economic Taxes Gains Raises Democrat Arguing Helpful Slow Down Economic Growth Capital Gains Capital Gains Tax

Author:Grover Norquist

“Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. If you look at the economic metrics over the last decade for both groups, the zero-income-tax-rate states outperform the highest-income-tax-rate states by a fairly sizable amount.”

Ifs Looks States Lasts Nations Groups Economic Amount Taxes Highest Rate Decades Nine Income Compare Zero Income Tax Metrics

Author:Arthur Laffer

“There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax... Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.”

Years States Lasts United United States Economy Five Share Economic Taxes Currents Income Five Years Progressive Income Tax Metrics

Author:Arthur Laffer

“The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.”

Trying Government Causes Growth Poverty Economic Taxes Despair All Things Increase Rate Spending Pie Unemployment Shrinks Economic Growth Alleviate

Author:Arthur Laffer

“The next Prime Minister walking through that door will be me or Labour Party leader Ed Miliband, you can choose an economy that grows, that creates jobs, that generates the money to ensure a properly funded and improving National Health Service ... and a government that will cut taxes for 30 million hard-working people ... or you can choose the economic chaos of Ed Miliband's Britain.”

“We can decide that the presence of cancer-causing substances in our air, water, and food is too expensive. A 2009 study, for example, has found that coal miners in Appalachia costs the region five times more in premature deaths, including from cancer, than it provides to the region in jobs, taxes, and economic benefits. In California, the production and use of hazardous chemicals cost the state $2.6 billion in 2004 alone in lost wages and health-care expenses to treat workers and children with pollution-linked diseases.”

“I was the chairman of the Budget Committee and the lead architect the last time it happened in Washington, and when we did it we had great economic growth, we cut taxes, and we had a big surplus.”

Bigs Lasts Growth Cutting Happened Economic Taxes Budgets Architect Last Time Committees Economic Growth Chairman Surplus

Author:John Kasich

“I believe we're at the verge of the greatest time to be alive in this world. But Washington is holding us back. How we tax, how we regulate. We're not embracing the energy revolution in our midst, a broken immigration system that has been politicized rather than turning it into an economic driver. We're not protecting and preserving our entitlement system or reforming for the next generation. All these things languish while we have politicians in Washington using these as wedge issues.”

“There are many ways of supporting gender equality, from something as simple as paid sick leave and flexible work hours to attributing an economic value to all care-giving, and making that amount tax deductible.”

Way Giving Care Values Hours Simple Economic Amount Taxes Sick Paid Gender Flexible Gender Equality Economic Value Sick Leave

Author:Gloria Steinem

“The underlying intellectual argument for seeking to tax economic rents retains its force.”

Force Economic Taxes Intellectual Argument Seeking

Author:Mervyn King

“Tax cuts continue to benefit families, seniors, and small business owners, as evidenced by unparalleled economic growth in Nevada and across the country.”

Country Growth Cutting Economic Taxes Benefits Owners Senior Small Business Economic Growth Tax Cuts Business Owners Small Business Owners Nevada

Author:Jon Porter

“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.”

Years May Government Pay Class Economic Middle Taxes Thirds Average Income Middle Class Advancement Taxpayers January Roadblock January 1

Author:Thomas DiLorenzo

“It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.”

Way Years Real Seems Interest Differences Pay Economic Periods Taxes Percent Accounts Income Saving Zero Inflation Savings Outrageous Widows Income Tax

Author:Warren Buffett

“States with high and rising tax burdens are more likely to suffer economic decline; those with low and falling tax burdens are more likely to enjoy strong economic growth.”

States Suffering Fall Strong Enjoy Growth Economic Taxes Lows Burden Rising Decline Economic Growth Tax Burden

Author:Lawrence Kudlow

“Liberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress.”

“We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.”

Courses Sides Growth Cutting Economic Taxes Majors Solutions Increase Remains Currents Spending Reform Reverse Economic Growth Entitlement Bankruptcy Tax Increases Spending Cuts

Author:David Limbaugh

“The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.”

Long Seems Might Running Cities Half Cutting Economic Citizens Taxes Areas Unions Patterns Population Following Disaster Administration Productive Long Runs Mayors Detroit

Author:Thomas Sowell

“It is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all of the permutations of people's economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.”

“It was absolutely critical to renew the Bush tax cuts. Letting them expire would result in a massive tax increase that would retard economic growth.”

Growth Results Cutting Economic Taxes Increase Critical Massive Economic Growth Tax Cuts Retard Tax Increases

Author:Mitt Romney

“The growing inequality of wealth and income distribution is both a moral and economic problem. If the wealthy are unwilling to pay more taxes, then this is going to lead to spending cuts. And if you put off the table things like national defense, then you're going to end up cutting more and more out of programs that aid the poor. So, I think there are consequences to this idea that tolerance for inequality requires us to - to just do nothing to make the wealthy contribute a higher share of resources to fund the government.”

“Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking ... The present tax load ... distorts economic judgments and channels an undue amount of energy into efforts to avoidtaxliabilities.”

Energy Growth Effort Risk Economic Amount Taxes Judgment Investment Financial Heavy Drag Load Incentives Risk-taking Tax System

Author:John F. Kennedy

“[W]hich category of crimes does the State pursue and punish most intensely? [T]hose against private citizens or those against itself? The gravest crimes in the State's lexicon are almost invariably not invasions of private person or property, but dangers to its own contentment, for example, treason, desertion of a soldier to the enemy, failure to register for the draft, subversion and subversive conspiracy, assassination of rulers and such economic crimes against the State as counterfeiting its money or evasion of its income tax.”

“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.”

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