“The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government.” KnowsGivingGovernmentWould BeTodayFatherTaxesThirdsIncomeFoundersFederal GovernmentFoundingIncome Tax Book:Pillars of Prosperity: Free Markets, Honest Money, Private Property Source: Pillars of Prosperity: Free Markets, Honest Money, Private Property
“We also need to encourage Americans to become more fiscally responsible themselves. We can do this by redesigning our tax system into an expenditure tax with a single flat rate. ... We have to substantially reduce the size and scope of the federal government, fundamentally increase the role of the states in choosing their own practices, and bring decision-making closer to the people, not to unelected administrators. These steps are crucial to getting our nation on a path of fiscal, political and constitutional responsibility.” PeopleNeedsStatesGovernmentPoliticalNationsCan DoDecisionResponsibilityStepsRolesPracticePathTaxesIncreaseResponsibleRateSizeDecision MakingFlatsCrucialFederal GovernmentScopeExpendituresAdministratorsTax System Author:Edwin Feulner
“I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. They take from the woman who comes in and takes the wastebaskets out.” GovernmentSufferingIndividualTaxesPercentGainsThirdsIncomeFederal GovernmentIncome TaxDividendsPayrollReceiptsCapital GainsPayroll Tax Author:Howard Warren Buffett
“In explaining the Constitution, James Madison, the acknowledged father of the Constitution, wrote in Federalist Paper 45: 'The powers delegated by the proposed Constitution to the Federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peach, negotiation, and foreign commerce.' Has the Constitution been amended to permit Congress to tax, spend and regulate as it pleases or have Americans said, 'To hell with the Constitution'?” SaidWarStatesGovernmentFatherHellObjectsPleaseTaxesPaperConstitutionCongressDefinedFormerPermitCommerceFederal GovernmentNegotiationExplainingState GovernmentPeachesMadisonFederalist Author:Walter E. Williams
“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.” PeopleTryingGovernmentCareTodayLevelsMillionsImpossibleEconomicCitizensTaxesComplexesManageHealth CareCodeAspirationRequirementsFederal GovernmentStandpointAmerican Citizens Author:Frederick W. Smith
“We must move from revenue-neutral to revenue-reducing tax reform, because the federal government spends far too much money.” GovernmentMovingToo MuchTaxesReformFederal GovernmentRevenueReducingTax Reform Author:Carly Fiorina
“We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.” GovernmentTaxesPercentGainsThirdsIncomeFederal GovernmentIncome TaxDividendsPayrollReceiptsCapital GainsPayroll Tax Author:Warren Buffett
“Let the Democrates go on making its case for more government control over every aspect of our lives. More taxes to pay. More debt to carry. More rules to follow. More judges who just make it up as they go along. We Republicans, we are committed to a federal government that acts again as a servant accountable to the people, following the constitution, and venturing not one inch beyond the consent of the governed. We, we in this party, offer a better way for our country based on fundamentals that go back to the founding generation.” PeopleWayCountryGovernmentPartyPayCasesOur LivesGenerationsJudgingGoes OnRepublicanOffersTaxesAspectConstitutionFundamentalsCommittedFollowingDebtOur CountryServantInchesConsentFederal GovernmentFoundingBetter WaysConsent Of The Governed Author:Paul Ryan
“For the last 50 years, the federal government has taken out of the Gulf Coast $165 billion in taxes that came from oil and gas off of our coast that went to the federal Treasury, to rebuild all places in America except the place that it came from.” YearsGovernmentLastsAmericaTakenTaxesOilBillionsGasFederal GovernmentCoastTreasuryOil And Gas Author:Mary Landrieu
“When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.” YearsMayGovernmentActionChoicesThreePoliticianTaxesBenefitsRaisesAveragePrintFederal GovernmentRevenue Author:Ron Paul
“The taxpayer - that's someone who works for the federal government but doesn't have to take the civil service examination.” GovernmentWorkMilitaryTaxesConservativeDebtSpendingFederal GovernmentTaxationExaminationTaxpayersIncome TaxTax DayTaxes FunnyCivil ServiceFederal Taxes Author:Ronald Reagan
“I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.” WantGovernmentTurnsLevelsEconomyAmountTaxesPercentRaisesDemocratDrivenFederal GovernmentCapsPrivate Sector Author:Mitt Romney