“Germany is a fascinating role model. The Germans have maintained their manufacturing edge despite being a high-tax, high-regulation economy. Why? Because the government really set about ensuring that it maintained funding for technical training, technical advancements and programs. It made a concerted effort to retain high-end, complex manufacturing -- the kind of BMW model, if you will. And they've done that so successfully that Germany, which has a quarter of America's population, exports more than America does.” IfsKindDoeMadeEndsDoneGovernmentAmericaEffortRolesEconomyTaxesModelsTrainingProgramComplexesEdgesPopulationDespiteGermanyFascinatingRole ModelsQuartersRegulationAdvancementFundingManufacturingBmwHigh TaxesTechnical Training Author:Fareed Zakaria
“I could never allow [tax] cuts that devastate education for our children, that pollute our environment, that end the guarantee of health care for those who are served under Medicaid, that end our duty or violate our duty to our parents through Medicare. I just couldn't do that. As long as I'm president, I'll never let it happen.” ChildrenLongEndsHappensCareParentPresidentEnvironmentCuttingDutyTaxesOur ChildrenHealth CareGuaranteesOur EnvironmentMedicareTax CutsMedicaid Author:William J. Clinton
“We need to simplify our tax code. We need to make sure that it's not too cumbersome for people to be able to comply with. And that they don't end up spending more money trying to file their taxes than they do actually paying in.” PeopleNeedsTryingEndsAbleTaxesSpendingCodeMore MoneyFilesSimplify Author:Kristi Noem
“The people who are working, paying their taxes are put into the system so that affordable housing could be built in neighborhoods that they probably live in that. That they may not want to, they may pay a premium so that they could live where they want to live and you end up with just another massive redistribution of wealth.” PeopleWantMayEndsWealthPayTaxesBuiltNeighborhoodMassiveHousingAffordablePremiumRedistribution Of WealthAffordable Housing Author:Eric Bolling
“While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.” EndsFightingPoorClassBreakStruggleRichMiddleTaxesExtraordinaryMiddle ClassAfghanistanTax BreaksMega Author:Warren Buffett
“Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.” ThinkingYearsLooksEndsPlayProblemViewsCuttingPolicyProveTaxesProgramSpendingFavorsThe End Of The DaySubtleBorrowedTax CutsAnd At The End Of The DayBorrowed Money Author:Alan Greenspan
“The fact is that a lot of the spending increases came during the Bush administration. Two unpaid for wars we got ourselves engaged in. A prescription drug plan that added enormous amounts to our spending, and the tax cuts at the high end that did not create jobs and create revenue coming.” TwoWarEndsFactsJobsCuttingPlansAmountDrugTaxesIncreaseSpendingEnormousAdministrationEngagedRevenuePrescriptionsTax CutsPrescription Drugs Author:Nancy Pelosi
“When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there's almost no chance that you end up beating the index fund.” LooksLongEndsChanceResultsPeriodsTaxesBasesInvestingFundFeesLong Periods Of TimeIndex Funds Author:David F. Swensen
“Tax reduction has an almost irresistible appeal to the politician, and it is no doubt also gratifying to the citizen. It means more dollars in his pocket, dollars that he can spend if inflation doesn't consume them first. But dollars in his pocket won't buy him clean streets or an adequate police force or good schools or clean air and water. Handing money back to the private sector in tax cuts and starving the public sector is a formula for producing richer and richer consumers in filthier and filthier communities. If we stick to that formula we shall end up in affluent misery.” IfsFirstsMeanEndsSchoolForceWaterCommunityDoubtCuttingAirStreetsCitizensPoliticianTaxesPoliceDollarsMiseryCleanSticksAppealsConsumersNo DoubtPocketsFormulasAdequateInflationStarvingIrresistibleReductionPrivate SectorTax CutsAffluentPolice ForcePublic SectorClean AirGood SchoolAir And Water Book:The Recovery of Confidence Source: The Recovery of Confidence
“It is time to tax and regulate marijuana like alcohol. It is time to end the arrests of so many people and the destruction of so many lives for possessing marijuana.” PeopleEndsTaxesDestructionAlcoholMarijuanaPossessing Author:Bernie Sanders
“Portland is a really great city, especially because I'm a shopper and there's no sales tax! That really adds up so fast, because in California, a $1000 pair of shoes ends up costing another $100.” EndsCitiesTaxesAddShoesCaliforniaPairsReally GreatGreat CitiesPair Of ShoesPortlandShoppersSales Tax Author:Bitsie Tulloch
“We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die.” PeopleIfsEndsDiesMovementDutyTaxesGainsIncomeSavingAssetsStampsInheritanceSavingsAudacityCapital GainsInheritance TaxCapital Gains Tax Author:Liam Fox
“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
“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.” IfsThinkingIdeasEndsProblemGovernmentWealthPoorPayMoralCuttingGrowingShareEconomicHigherTaxesConsequenceResourcesProgramTablesSpendingDefenseAidsToleranceIncomeInequalityFundWealthyDistributionUnwillingNational DefenseEconomic ProblemsSpending CutsIncome Distribution Author:Bruce Bartlett
“If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.” IfsWayYearsLongDoeEndsWould BeEyeDifferencesNumbersPayReturnPeriodsTaxesInvestmentWork OutOpeningContrastCompoundsMinusEye Opening Author:Charlie Munger
“Some people do rely too much on technology. Look, technology is wonderful and I love it. When I was in the UK and I had hit records I would also have a high tax bill at the end of the year, and that would be the time to buy up all the technology - it was write offs.” PeopleWritingYearsLooksEndsWould BeTechnologyRecordsToo MuchWonderfulTaxesBillsRelyHigh Taxes Author:Tony Visconti
“Well, here you had a city that was selling more cars than ever before, that had this wondrous music being created, that was so vital to the labor and civil rights of this country, and yet it was dying and didn't see it, except for some sociologist at Wayne State University who predicted that Detroit was losing population by a half-million by the end of that '60s decade, and that that trend would continue taking away its tax base.” WellsEndsCountryStatesCitiesHalfMillionsRightsDyingCarTaxesMusic IsLosingLaborUniversityPopulationDecadesSellingCivil RightsTrendsDetroitWayneWondrousSociologistsSelling More Author:David Maraniss
“Congress also did something new, which is, they delayed for two years two new taxes - one on medical devices and one on high-end health insurance plans. Those taxes are supposed to help pay for President Obama's health care law, but they're really unpopular.” YearsTwoEndsHelpingCareLawPresidentPayPlansTaxesCongressMedicalHealth CareTwo YearsSomething NewDevicesPresident ObamaDelayed Author:Susan Davis
“So what I have said with regard to Boeing and GE and other multinationals that pay zero taxes, you know what we're going to do? We're going to end that loophole. They are going to pay their fair share of taxes.” KnowsSaidEndsPayShareTaxesFairsRegardZeroLoopholesFair ShareBoeingMultinationals Author:Bernie Sanders
“I had nothing to do with death panels. I thought it was a horrible phrase about end of life. I didn't think it was accurate, and I was - I've always been opposed to it. The reason why I stood behind that phrase "death tax" for so many years is because the only time that you could pay that tax, the only time, is on the death of a relative. And that's what makes it a death tax. You have to be accurate.” ThinkingYearsEndsReasonPayBehindsTaxesHorribleReason WhyPhrasesRelativeAccurateOnly TimeEnd Of Life Author:Frank Luntz
“We should no longer seek to have Budget surplus by end of Parliament. We should avoid tax rises.” ShouldEndsTaxesBudgetsParliamentSurplus Author:Theresa May
“We're going to build a wall. Donald Trump never said it's going to go from one end of the country, from the Gulf to the Pacific, and he'll use good judgment about that. And there are ways, through tax and regulation policies, that we can - and immigrant fees - that this could be paid for. I have not studied the details of it but, absolutely, I think that is possible.” ThinkingWaySaidEndsCountryUsePolicyWallTrumpTaxesJudgmentPaidDetailsImmigrantsRegulationPacificFeesGood Judgment Author:Jeff Sessions
“Due to the major demographic changes we have gone through in the last few years in this country, we will be a majority/minority nation and there are a large number of people who do not like that. Donald Trump has tapped into those people's fears because he comes from the extreme right wing part of the Republican Party, as does Ted Cruz. They believe that we should cut taxes to wealthy Americans and enforce anti immigrant laws. They don't believe in Education or Social Security, they would end it and change it and privatize it.” PeopleShouldYearsBelieveDoeEndsCountryLastsLawNationsSocialPartyNumbersGoneCuttingSecurityTrumpRepublicanTaxesMajorsMajorityWingsDon't BelieveExtremesDuesMinoritiesImmigrantsWealthyRepublican PartySocial SecurityRight WingLarge NumbersDemographicsCruz Author:Debbie Wasserman Schultz
“Donald Trump would end up raising taxes on middle-class families.” EndsClassMiddleTrumpTaxesMiddle ClassMiddle Class FamilyRaising Taxes Author:Hillary Clinton
“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.” WantEndsGovernmentCuttingFeetEconomicPolicyBuildingTrumpRepublicanTaxesApproachBillsThe End Of The DayLots Of MoneyTriggersBorrowedEconomic PolicyBorrowed MoneyBuilding Roads Author:Nicholas Bloom
“What I always say with these things, when you`re trying to do comprehensive things like tax reform, there will be 20,000 lobbyists in Washington trying to work their will on that piece of legislation so, you know, people think it`s going to be a lot easier than it will end up being.” PeopleThinkingKnowsTryingEndsPiecesEasierTaxesReformLegislationComprehensiveLobbyistsTax Reform Author:John Yarmuth
“Any discuss about taxes ends up being, are you raising them or lowering them, as the opposed to the question I ask - are we raising them for high income individuals that can afford it, and lowering them for lower income people who really need help. Those old categories don't work, and they're preventing us from solving them problems.” PeopleNeedsEndsHelpingProblemAsksIndividualTaxesIncomeCategoriesPreventingNeed Help Author:Barack Obama
“We may end up with a world based more on equity than debt, or more on market debt instruments than bank intermediation; but how and why we get there is a mystery. Absent significant regulatory or tax changes, and a sharp transition could be disruptive.” WorldMayEndsMysteryTaxesInstrumentsDebtSignificantTransitionEquityAbsentDisruptive Author:Alan M. Taylor
“The bill that job creators and out-of-work Americans need us to pass is the one that ensures taxes won't go up - one that says Americans and small-business owners won't get hit with more bad news at the end of the year.” NeedsYearsEndsJobsTaxesNewsBillsCreatorOwnersSmall BusinessBad NewsBusiness OwnersSmall Business OwnersJob Creators Author:Mitch McConnell
“I always want to say to people who want to be rich and famous: 'try being rich first'. See if that doesn't cover most of it. There's not much downside to being rich, other than paying taxes and having your relatives ask you for money. But when you become famous, you end up with a 24-hour job.” PeopleIfsWantTryingFirstsEndsJobsAsksHoursRichFameTaxesRelativeBeing RichPaying Taxes Author:Bill Murray
“War involves in its progress such a train of unforeseen circumstances that no human wisdom can calculate the end; it has but one thing certain, and that is to increase taxes.” HumansWarEndsWisdomMotivationCertainMoneyProgressOne ThingCircumstancesTaxesIncreaseTrainUnforeseenHuman Wisdom Author:Thomas Paine
“Mitt Romney has won the 2012 presidential nomination by promising Republicans that he would end a so-called 'culture of dependency' on welfare - welfare defined as 'free stuff' and food stamps for poor folks, not tax breaks for Big Oil or tax shelters for Bain executives.” EndsBigsCultureStuffPoorBreakRepublicanTaxesFolksOilDefinedPresidentialWelfareExecutivesShelterStampsRomneyDependencyNominationsTax BreaksFood StampsBig OilFree Stuff Author:Christine Pelosi