“Fewer people working means permanently lower tax revenues.” PeopleMeanTaxesFewerRevenue Author:Christina Romer
“More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.” SocialSecurityTaxesBenefitsPercentProgramIncreaseWorkersTrendsFewerSocial SecurityExpectancyPayrollLife ExpectancyPayroll TaxLonger Life Author:Alex Tabarrok
“Fewer and fewer people are paying larger and larger percentage of the tax burden, as you know, almost half the people pay no income taxes at all. We're going to have more people in the wagon than we got pulling the wagon before long and that's not going to work. Those jobless numbers, you know, go hand-in-hand with those tax numbers.” PeopleKnowsLongHandsNumbersPayHalfTaxesBurdenIncomeFewerJoblessPullingGoing To WorkPercentagesHand In HandIncome TaxWagonsTax Burden Author:Fred Thompson
“It is easier to start taxes than to stop them. A tax an inch long can easily become a yard long. That has been the history of the income tax. Would not the sales tax be likely to have a similar history [in the U.S.]? ... Canadian newspapers report that an increase in the sales tax threatens to drive the Mackenzie King administration out of office. Canada began with a sales tax of 2%.... Starting this month the tax is 6%. The burden, in other words, has already been increased 200% ... What the U.S. needs is not new taxes, is not more taxes, but fewer and lower taxes.” NeedsLongHas BeensMonthsKingsEasierTaxesOfficeIncreaseStartingBurdenNewspapersIncomeAdministrationReportsCanadaFewerInchesYardsIncome TaxSales Tax Author:B. C. Forbes
“[the Republicans] have come up with nothing. They say repeal and replace. That has alliteration. But that's all it has going for it because they don't have a replacement. What they have put forth and outlined will cost more to consumers. It will cover fewer people. It will give tax breaks to the wealthiest people.” PeopleGivingBreakRepublicanCostTaxesCome UpConsumersFewerReplacementsTax BreaksGoing For ItAlliteration Author:Nancy Pelosi