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Taxes Quotes

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Taxes Quotes

“The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.”

IfsYearsPurposeInterestPayMillionsTaxesHundredBurdenDebtQuantityNational Debt
Book:The Rights of Man: With a Brief Historical Preface
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“It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.”

YearsTwoSidesEconomicRepublicanTaxesHundredEconomicsPaidBillsClintonRaisedDebtTwelveExpansionNational DebtSupply Side Economics
Book:Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative
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“So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating war in Afghanistan and maintaining over 850 military bases around the world, the administration has run up the national debt that Smith decried. By shifting the tax burden off property and off rent-seeking monopolies - above all, off the financial sector - this policy has raised America's cost of living and doing business, thereby undercutting its competitive power and running up larger and larger foreign debt.”

WorldWarRunningAmericaTakenMilitaryPolicyCostTaxesBasesPropertyRaisedFinancialSaintSeekingBurdenDebtAround The WorldAdministrationEnterpriseAfghanistanMaintainingMonopolyShiftingStanceAnd OffFree EnterprisePatronNational DebtCost Of LivingEscalatingTax BurdenMilitary Bases
Author:Michael Hudson
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“The problem isn't a Congress that won't cut spending or a president who won't raise taxes. The problem is an American public with a bottomless sense of entitlement to federal money.”

ProblemPresidentCuttingTaxesRaisesCongressSpendingEntitlementNational DebtSense Of Entitlement
Book:Parliament of Whores: A Lone Humorist Attempts to Explain the Entire U.S. Government
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