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Taxes Quotes

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Taxes Quotes

“The skills and productivity of American Workers, not to mention the taxes they pay, are the greatest economic resource our country has. To condemn large numbers of them to unemployment, to deprive the Treasury of their tax contributions and to force them to live on unemployment at public expense is the most expensive luxury any society ever chose to buy.”

“However accurate or inaccurate the agency's numbers may be, tax law explicitly presumes that the IRS is always right -- and implicitly presumes that the taxpayer is always wrong -- in any dispute with the government. In many cases, the IRS introduces no evidence whatsoever of its charges; it merely asserts that a taxpayer had a certain amount of unreported income and therefore owes a proportionate amount in taxes, plus interest and penalties.”

“What it 't to us, if taxes rise or fall, Thanks to our fortune, we pay none at all. Let muckworms who in dirty acres deal, Lament those hardships which we cannot feel, His grace who smarts, may bellow if he please, But must I bellow too, who sit at ease? By custom safe, the poets' numbers flow, Free as the light and air some years ago. No statesman e'er will find it worth his pains To tax our labours, and excise our brains. Burthens like these with earthly buildings bear, No tributes laid on castles in the air.”

“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.”

“If you look at the performance of the zero-income-tax-rate states and the highest-income-tax-rate states, I believe a large amount of their difference is due to taxes. Not only is it true of the last decade, but I took these numbers back 50 years. And, there's not one year in the last 50 where the zero-income-tax-rate states have not outperformed the highest-income-tax-rate states.”

“We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor.”

“Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.”

“In the name of short-term stimulus, he [Obama] will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government.”

“If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.”

“If you want to really sort of quantify the dereliction of the Republican establishment, those two facts are the most important two facts. One, that they didn`t even understand the base of their own party, white working class voters who you know what, don`t care about tax cuts for the rich, really aren`t interested in the things that the elite part of their party want, including immigration reform. And number two, they spent eight months avoiding finding opposition research to use against the guy who was becoming the front-runner in their party that they don`t want.”

“Suppose that throughout your childhood you were good with numbers. Other kids used to copy your homework. You figured store discounts faster than your parents. People came to you for help with such things. So you took accounting and eventually became a tax auditor for the IRS. What an embarrassing job, right? You feel you should be writing poetry or doing aviation mechanics or whatever. But then you realize that tax collecting can be a calling too.”

“Due to the major demographic changes we have gone through in the last few years in this country, we will be a majority/minority nation and there are a large number of people who do not like that. Donald Trump has tapped into those people's fears because he comes from the extreme right wing part of the Republican Party, as does Ted Cruz. They believe that we should cut taxes to wealthy Americans and enforce anti immigrant laws. They don't believe in Education or Social Security, they would end it and change it and privatize it.”

“It's why we oppose Citizens United from that right-wing Supreme Court. In 2012, I also said the Tea Party "acted like terrorists" and called a donut shop manager in Milwaukee who wanted lower taxes a "smartass." And I said the number one issue is a three-letter word, J-O-B-S." I'm proud of who I am.”

“In Canada, we have a very good structure of supporting film through a number of government-sponsored initiatives, such as the tax credit and other grants. The northern part of Ontario has started its own funding. They were really happy to sponsor us, so they've been very supportive and put up half the budget for this film. They'd like us to come back and do more films.”

“You know in fairness Gary [Johnson] and I have not agreed on a number of substantive issues in this campaign, tax policy, we've had some influence on each other, I think I've had some influence on him, on constructive engagement around the world, he's had some influence on me in criminal justice reform issues.”