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Taxes Quotes

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Taxes Quotes

“I am too sick to work and haven't money enough to last 2 months and pay income tax. I want to keep going but do not see quite how, and there is no alternative - rather than justify my mother's 25-year dread of my "coming back on her, sick," I must kill myself. If she has to pay funeral costs, at least she will cut them to the bone and I will not be here to endure her martyrdom and prolong it by living.”

“The median family of four ... paid $4,722 in federal taxes last year. That's enough to pay for a new curtain for the secretary of commerce's office, to bribe a farmer not to plant 38 acres with corn ... seven weeks of salary for a Customs man assigned to save us from the terror of high-quality, low priced foreign TV sets, or the subsidy on 6,000 bushels of wheat to prop up the Soviet regime. Surely civilization would collapse without such essential services.”

“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.”

“We must recognize that the goal of a cleaner environment will not be achieved by rhetoric or moral dedication alone. It will not be cheap or easy and the costs will have to be borne by each citizen, consumer and taxpayer. How clean is clean enough can only be answered in terms of how much we are willing to pay and how soon we seek success... It is simplistic to seek ecological perfection at the cost of bankrupting the very tax-paying enterprises which must pay for the social advances we seek.”

“I've said repeatedly publicly, and other members have, that until you adjust the eligibility for entitlements, do things like raising the age for Medicare for future beneficiaries. Not for those currently receiving or those about to receive. Have serious means testing for high income people. You know Warren Buffett's always complaining about not paying enough taxes. And what I'm complaining about is we're paying for his Medicare. We ought not to be providing these kinds of benefits for millionaires and billionaires.”

“What a pity it is that our Congress had not known this discovery, and that Alexander Hamilton’s projects of raising an army of fifty thousand Men, ten thousand of them to be Cavalry and his projects of sedition Laws and Alien Laws and of new taxes to support his army, all arose from a superabundance of secretions which he could not find whores enough to draw off! and that the same vapours produced his Lyes and Slanders by which he totally destroyed his party forever and finally lost his Life in the field of Honor.”

“When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.”

“I'm making a lot of money. I should be paying a lot more taxes. I'm not paying taxes at a rate that is even close to what people were paying under Eisenhower. Do people think America wasn't ascendant and wasn't an upwardly mobile society under Eisenhower in the '50s? Nobody was looking at the country then and thinking to themselves, "We're taxing ourselves into oblivion." Yet there isn't a politician with balls enough to tell that truth because the whole system has been muddied by the rich. It's been purchased.”

“The message coming out of Washington, especially from our leftist politicians and the news media, is that we solve our budget problems by raising taxes on the rich. If Americans were more informed, such a message would be insulting to our intelligence. There are not enough rich people to satisfy Congress' appetite.”

“The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.”

“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.”

“People know that billions of pounds are wasted. Billions of pounds never get near the families that need it. It is an absolute outrage that hard-working people go out to work every day, get up early, come back late, don't see enough of their families in order to pay taxes to fund vast bureaucracies that are inefficient in order to fund a welfare system which allows too many people to sit for the whole of their lives on out-of-work benefits without going out to look for work.”

“We should balance the budget. If government programs are important enough, we need to pay for them with taxes or make cuts in lesser programs. We've lost that discipline entirely. It seems prudent to avoid the possibility that the people who own our debt will start to worry the U.S. won't pay. That would raise how much it would cost the U.S. to borrow, which in a national emergency, like a war or pandemic, could be critical.”

“Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget, just as it will never produce enough jobs or enough profits.”

“What the Trump tax plan is a plan to give tiny little tax cuts to most Americans, raise taxes on perhaps one in five families and shower benefits on people who earn millions of dollars a year. And this fits with a fundamental principle the Republicans have been pursuing for a long time. The rich aren't investing and creating jobs, because they don't have nearly enough money, and so we need to get them money. And the way the Republicans want to get it to them is tax cuts first, and then to take away help for children, the disabled, the elderly and the poor.”

“I don't know a lot of writers, even writers who have been on the bestseller list for a few weeks, or writers who have gotten movie options, who can live on just their writing income. Once you break it down to the years it took to write the book, place it, promote it, and you pay the agent, pay the taxes, the annual income is not enough to live on comfortably. I do not have a starving artist inclination. I'm from the working class. I don't feel creative unless I feel like my house is going to be there and I'm going to be fed. I can't worry about money and write. Maybe some people can.”

“We need a common European tax policy that closes these tax loopholes. We need a common European social policy that prevents social dumping. We need an effective securing of our external borders and a smart way of fighting terrorism. Acting as a state within a national framework is no longer enough. The German chancellor has completely failed to convey that throughout her years in power. We need a re-start for Europe.”

“One of the tax systems in the US is for wage earners. The government takes money from them out of each paycheck - so it knows how much they make, and those workers can't cheat to any significant degree. But the other tax system is for capital. Those with capital get to tell the government what they want to tell. They may get audited, but if their tax returns are of any size the government doesn't have enough of the smart auditors to figure out what's really going on. And there are the rules that allow you to do things like take in money today and pay taxes on it thirty years from now.”