“The biggest industrial sector next to real estate is oil, gas and other mineral resources. They don't report any taxable income, because if you depict yourself as earning a profit, you have to pay a tax on it. So, it's all about what accountants choose to declare as profit.” IfsRealNextPayTaxesResourcesProfitOilIncomeReportsGasEstatesEarningAccountantsMineralsMineral Resources Author:Michael Hudson
“The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.” IfsWayRealInterestPayCompanyWorstTrumpTaxesPropertyProfitDebtCorporateOwnersLoadEstatesLiabilityLoopholesRaiders Author:Michael Hudson
“One thing I think we have to do is to make sure that the undocumented workers who are living in America today, that they have to take responsibility. They've got to register, pay a fine, pay their back taxes, learn English and then get on a pathway in which they could have the prospect of being here legally.” ThinkingTodayAmericaPayResponsibilityOne ThingFineTaxesWorkersTaking ResponsibilityPathwaysRegisterAmerica TodayUndocumented Workers Author:Barack Obama
“People who have been hardworking, tax paying, those people ought to be given an opportunity to be on a track that leads towards citizenship and if that happened, then they wouldn't be prey to the employers who say we want you because we know that you work for a salary we could not lawfully pay anyone else.” PeopleIfsKnowsWantHas BeensOpportunityGivenPayHappenedOughtTaxesTrackCitizenshipPreyEmployersSalaryHardworking Author:Ruth Bader Ginsburg
“People know that billions of pounds are wasted. Billions of pounds never get near the families that need it. It is an absolute outrage that hard-working people go out to work every day, get up early, come back late, don't see enough of their families in order to pay taxes to fund vast bureaucracies that are inefficient in order to fund a welfare system which allows too many people to sit for the whole of their lives on out-of-work benefits without going out to look for work.” PeopleKnowsNeedsLooksHardEnoughWholeOrderPayHard WorkTaxesBenefitsLateAbsolutesBillionsGet UpWelfarePoundsFundGoing OutBureaucracyOutrageUp Early Author:George Osborne
“Whether [people] run their own business, work for a business, go out there, pay their taxes and see the money wasted, fed up with the money going to the next door neighbor sitting permanently on out of work benefits. There needs to be a coalition of change.” PeopleNeedsRunningNextPayDoorsTaxesBenefitsSittingNeighborFedsCoalitionsOwn BusinessFed UpNext Door NeighborsMoney Wasted Author:George Osborne
“I would favor three policies: raising the minimum wage to $12, closing the tax loophole where persons only pay a 15% income tax on long term capital gains (tax it at the full tax rate), and institute a progressive tax moving the highest tax rate from 39.6% to 45%. I would favor implementing these three policies in that order, starting with raising the minimum wage, but not stopping there.” PersonsLongMovingOrderThreeTermPayPolicyTaxesHighestGainsRateStartingFavorsIncomeLong TermProgressiveMinimumStoppingClosingInstituteIncome TaxMinimum WageLoopholesImplementingCapital GainsCapital Gains TaxProgressive Tax Author:Philip Kotler
“The churches rose to power on the income from tax-free property. What earthly -or heavenly- right have they got to enjoy a privilege denied to everyone else, even including nonprofit organizations? None! My contention is that with the churches exempted from property taxation, you and I have to pay that much more in taxes to make up for what they're not contributing.” EnjoyChurchPayTaxesOrganizationPropertyRoseIncludingPrivilegeIncomeHeavenlyDeniedTaxationContributingContentionNonprofits Author:Madalyn Murray O'Hair
“Most employers I speak to, they want to create jobs and give decent salaries. Some small and medium companies say to me they cannot afford to pay the living wage. I say "what about if I gave you a business rate cut?" and they say, yes, ok. We want companies which are skilled up, generating more profit, more corporation tax - we should not be embarrassed at success, as long as they pay their taxes.” IfsWantGivingShouldLongJobsSpeakPayCompanyCuttingTaxesRateProfitMediumsCorporationsDecentEmbarrassedEmployersSalaryLiving Wage Author:Sadiq Khan
“My mom has always been my champion. She was very smart and grounded. She said, 'Save your money. Pay your taxes. Don't put everything in one basket,' but she let me explore and be creative.” SaidPayCreativeMomTaxesSmartLet MeMy MomChampionBe CreativeGroundedBasketsVery Smart Author:Queen Latifah
“Obama's health care plan will be written by a committee whose head, John Conyers, says he doesn't understand it. It'll be passed by Congress that has not read it, signed by a president who smokes, funded by a Treasury chief who didn't pay his taxes, overseen by a Surgeon General who is obese, and financed by a country that's nearly broke. What could possibly go wrong?” CountryCarePresidentPayPlansWrittenTaxesCongressChiefsSmokeBrokeHealth CareCommitteesSurgeonsTreasuryObese Author:Rush Limbaugh
“What about feeling sorry for those who pay the taxes? Those who are people that no one feels sorry for. They are asked to give and give until they have no more to give. And when they say 'enough,' they are called selfish.” PeopleGivingFeelsEnoughFeelingsPayTaxesSorrySelfishFeeling Sorry Author:Rush Limbaugh
“I know that I pay 48 percent of my income to taxes. You know, I wouldn't mind so much if it wasn't going just to export war. If it was actually going to help the people of the United States, I would gladly pay more.” PeopleIfsKnowsMindWarStatesHelpingUnitedPayUnited StatesTaxesPercentIncome Author:Roseanne Barr
“Big business never pays a nickel in taxes, according to Ralph Nader, who represents a big consumer organization that never pays a nickel in taxes.” HumorBigsFunnyBusinessPayJudgingTaxesOrganizationConsumersPresentationBig BusinessNickelsFunny Business Author:Dave Barry
“Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.” AmericaPayLibertyProgressTaxesHumorousProfoundAverageInsaneWagesTaxationIncome TaxIrsTax DayPaying TaxesTaxes FunnyProperty Taxes Author:H. L. Mencken
“I'll tell you who doesn't have any personal responsibility. Companies like General Electric and others who pay absolutely no income tax.” PayResponsibilityCompanyTaxesIncomeElectricPersonal ResponsibilityIncome TaxGeneral Electric Author:Michael Moore
“I'm like tax. You're going to pay one way or the other.” WayPayTaxesBasketballOne Way Author:Shaquille O'Neal
“I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.” WantJobsAsksPresidentSimplePayMillionsEconomyHigherTaxesFairsBillsClintonRateIncomeReformCodeBootsHouseholdMillionaireSurplusNew Job Author:Barack Obama
“It's really a question of fairness and what kind of country we're going to live in. There are 22,000 people making over $1 million. They're paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That's not right.” PeopleKindDoeSaidCountryPayMillionsTaxesRateTeensFairnessSecretaryBuffett Author:David Plouffe
“Sixteen- and 17-year-olds pay taxes and can join the army, so surely they should in turn be given their right to vote.” ShouldYearsTurnsGivenPayTaxesVoteArmySixteenRight To VoteJoining The Army Author:Lucy Powell
“Disease is the tax which the soul pays for the body, as the tenant pays house-rent for the use of the house.” SoulUseBodyHousePayTaxesDiseaseTenants Book:Sayings: The Most Exhaustive Collection of Them, Their Number Being 1120 Source: Sayings: The Most Exhaustive Collection of Them, Their Number Being 1120
“You don't pay taxes - they take taxes.” InspirationalGovernmentPayTaxesTaxationTax DayTaxes Funny Author:Chris Rock