“If you're a full-time manager of your own property - and full-time, according to Congress, is 15 hours a week - you can take unlimited depreciation and use it to offset your income from other areas and pay little in tax. One of the biggest real estate tax lawyers in New York said to me, if you're a major real estate family and you're paying income taxes, you should sue your tax lawyer for malpractice.” RealHoursWeekTaxesPropertyLawyerIncome Tax Author:Hillary Clinton
“It used to be that we taxed property - zapped farmers basically. And there were very rich people who didn't pay that much tax. So in 1913, they put in the income tax. It was incredibly popular. The tax we love to hate today.” PeopleTodayHateRichTaxesPropertyFarmersRich PeopleIncome TaxLove Hate Author:T.R. Reid
“It was an easy thing to tax for a young country. And then gradually we moved to property taxes, manufacturing taxes, and the income tax was the answer to a populist demand: Let's go after the rich guys. We got into World War I, and they raised the rates and started taxing the rich. Then we got into World War II, and that's when they taxed everybody, because they just needed more revenue.” WorldWarCountryGuyEasyRichTaxesMovedPropertyRateWar Of The WorldsWorld War IiWorld War IIncome TaxPopulist Author:T.R. Reid
“We have landowners, small growers. We have people who are holding onto land that was acquired by their families after slavery. They need to produce some of the food we eat, so they can pay the taxes and hold onto the property. Taxes keep going up. We, and by we I mean black people, are rapidly becoming a landless people. Our ancestors, coming out of slavery, acquired more than 15 million acres of land. Today, we're probably down to less than 2 million acres.” PeopleMeanTodayBlackTaxesSlaveryPropertyKeep GoingBlack PeopleAncestorHolding On Author:Shirley Sherrod
“There's a separation of church and state. If you want the perks that churches have traditionally received, then abide by the rules. If you're going to be involved in the political process, even in soft ways, then surrender the privileges. Let ministers pay income tax on all of their income. Let churches pay income tax, let them pay property taxes. They can't have it both ways. You can't pat the politicians on the back, break the rules, and then get all these perks.” PoliticalChurchBreakPoliticianTaxesPropertySeparationSurrenderChurch And StateSeparation Of Church And StateIncome Tax Author:Anthony B Pinn
“Reforming public education, cutting property taxes, fixing adult and child protective services and funding our budget can all occur when Democrats and Republicans engage in consensus and cooperation - not cynicism and combat.” ChildrenCuttingRepublicanTaxesAdultsPropertyDemocratBudgetsCombatCooperationCynicismConsensusFundingProtectiveReformationFixingPublic EducationProperty TaxesEducation Funding Author:Rick Perry