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Taxes Quotes

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Taxes Quotes

“England was killed by an idea: the idea that the weak, indolent and profligate must be supported by the strong, industrious, and frugal – to the degree that tax-consumers will have a living standard comparable to that of taxpayers; the idea that government exists for the purpose of plundering those who work to give the product of their labor to those who do not work. The economic and social cannibalism produced by this communist-socialist idea will destroy any society which adopts it and clings to it as a basic principle – ANY society.”

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Author:Dan Smoot
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“It is a general idea, that when taxes are once laid on, they are never taken off.”

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Book:Rights of Man: Being an Answer to Mr. Burke's Attack on the French Reuolution. By Thomas Paine ... Part 1. [-second!: Rights of man; part the second. Combining principle and practice. By Thomas Paine ..
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“We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.”

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Author:Barney Frank
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“I think the idea that the hedge fund manager gets lower taxes than the taxi driver or the physics professor is insane. The legislators who leave that policy in place are derelict in their duties to be rational and fair. There are plenty of them in both political parties. It's totally outrageous.”

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Author:Charlie Munger
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“While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.”

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Author:William J. Bernstein
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“I kind of like carbon taxes because we already know how to apply them. We already have apparatus in place. When we talk about these other solutions - like a billion tons of iron filings in the ocean or putting sunshades between us and the sun - they're huge. We have no idea if they will work. We have no idea what their nasty consequences might be. And it's unlikely we can do them anyway.”

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Author:Paul R. Ehrlich
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“Liberals cling to the idea that critics of welfare are motivated by greed or callous disregard for the less fortunate. In fact, during the twenty-five years that followed Lyndon Johnson's declaration of war on poverty, U.S. tax payers spent $3 trillion providing every conceivable support for the poor, the elderly, and the infirm. Private foundations spent scores of billions more, and private and religious charities even more. Nevertheless, as Ronald Raegan later quipped, 'in the war on poverty, poverty won.'”

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Book:Do-Gooders: How Liberals Hurt Those They Claim to Help and the Rest of Us
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“Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today. As for the idea that cutting regulations will lead to significant job growth, it's just nonsense. It's just made up.”

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Author:Bruce Bartlett
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“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.”

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Author:Bruce Bartlett
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“Now all of the ideas that I'm talking about, they are not radical ideas. Making public colleges and universities tuition free, that exists in countries all over the world, used to exist in the United States. Rebuilding our crumbling infrastructure, and creating 13 million jobs by doing away with tax loopholes that large corporations now enjoy by putting their money into the Cayman Islands and other tax havens. That is not a radical idea.”

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Author:Bernie Sanders
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“The future of the Democratic Party, the future of this country is involving young people in the political process, getting them to stand up for their rights, dealing with student debt, which I got to tell you is just crushing people all over this country, making public colleges and universities tuition free, those are the ideas we are bringing out, demanding the wealthy and large corporations start paying their fair share of taxes. This is what younger people, working class people want. That is the future of the Democratic Party.”

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Author:Bernie Sanders
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“Justice [Sonia]Sotomayor said, "Let's talk - you want to talk about the tax power."And I got like a 10-minute run on the tax power. And, boy, was I glad I did because I was able to get across this idea that, yes, this is a narrower ground on which you can affirm it. And I think everybody agrees. I think even the dissenting justices ultimately in the case agreed that, if Congress had expressly called it a tax, it would be indisputably constitutional.”

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Author:Donald Verrilli Jr.
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“My assessment of Julian Assange is a professional one, really, of what he's managed to achieve, and the idea that he came up with, which set the world alight and continues to inspire others like Snowden [NSA leaker Edward Snowden], about the secret goings-on that are done in our name with our tax dollars on behalf of big business or politics. He launched the revolutionary idea that citizens can start to claim back a paradigm for questioning power structures and those in authority through an anonymous, whistle-blowing website.”

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Author:Benedict Cumberbatch
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“I offer a better way for America with ideas that actually work, a reformed tax code that rewards free enterprise instead of just enterprising lobbyists. A reformed health care system that operates by free choice instead of by force and doesn't leave you answering to cold, clueless bureaucrats. A commitment to a renewed commitment to building a 21st Century military and giving our veterans the care that they were promised and the care that they earned.”

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Author:Paul Ryan
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“In a sense, George W. Bush has used the tragedy of the terrorist attacks of September 11th and the nightmarish expansion of his idea of a war on terror to overshadow his actual conduct in office on the redistribution of wealth upward through progressive tax cuts that actually penalize the vast majority of the public, and shift their resources to a narrow band at the very, very top.”

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Author:Sidney Blumenthal
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