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Taxes Quotes

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Taxes Quotes

“Land taxes is the thing. They got so high that there is no chance to make anything. Not only land but all property tax. You see in the old days, why the only thing they knew how to tax was land, or a house. Well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. They never ask if the land makes anything. "It's land ain't it? Well tax it then."”

“If you have a radio, the next three months is a good time to have it quit working. All you will hear from now until the 4th of November will be: 'We must get our government out of the hands of predatory wealth.' 'The good people of this great country are burdened to death with taxes. Now what I intend to do is ...' What he intends to do is try and get elected. That's all any of them intend to do. Another one that will hum over the old static every night will be: 'This country has reached a crisis in its national existence.'”

“I'm sure everyone feels sorry for the individual who has fallen by the wayside or who can't keep up in our competitive society, but my own compassion goes beyond that to those millions of unsung men and women, who get up every morning, send the kids to school, go to work, try to keep up the payments on their house, pay exorbitant taxes to make possible compassion for the less fortunate, and as a result have to sacrifice many of their own desires and dreams and hopes. Government owes them something better than always finding a new way to make them share the fruit of their toils with others.”

“The Big L was cold crazy, A top-notch crook snatchin' pocket books from old ladies I told him, "Give up the dough, before you get smoked! Oh you broke? ( *shots* ) Now you're dead broke" My name is L and I'm from a part of town where clowns, Get beat down and all you hear is gunshot sounds 'Cause at nighttime niggas try to tax, they're sneakier than alley cats, that's why I carry gats”

“Remember that all tax revenue is the result of holding a gun to somebody's head. Not paying taxes is against the law. If you don't pay your taxes, you'll be fined. If you don't pay the fine, you'll be jailed. If you try to escape from jail, you'll be shot. ... Therefore, every time the government spends money on anything, you have to ask yourself, 'Would I kill my kindly, gray-haired mother for this?'”

“The most extreme types, like Murray Rothbard, are at least honest. They'd like to eliminate highway taxes because they force you to pay for a road you may never drive on. As an alternative, they suggest that if you and I want to get somewhere, we should build a road there and charge people tolls on it. Just try generalizing that. Such a society couldn't survive, and even if it could, it would be so full of terror and hate that any human being would prefer to live in hell.”

“If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.”

“People think of taxes as money just being robbed from you. They don't consider the benefits of paying taxes. The benefits that they get and also the benefit of just being a part of a large group of people: a town, or a city, or a country, or a society that allegedly should stand together and all try to help each other.”

“Maybe we should be directing our anger elsewhere - like toward Wall Street. Why is it we never think of Big Business when we think of welfare recipients? Companies take more of our tax dollars, and in much more questionable ways, than do those who are trying to heat their apartments with a kerosene stove.”

“If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to - the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.”

“If I get married I get a tax break, if I have a kid I get a tax break, if I get a mortgage I get a tax break. I don't have any kids and I drive a hybrid, I think I should get a tax break. I'm trying to pay off my apartment so I have something tangible. I actually figured out if I paid off my place my reward would be that I would pay an extra four grand a year in taxes.”

“So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.”

“I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.”

“It is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all of the permutations of people's economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.”

“...in terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes. I see terrible mistakes from people being overly motivated by tax considerations. Warren and I personally don't drill oil wells. We pay our taxes. And we've done pretty well, so far. Anytime somebody offers you a tax shelter from here on in life, my advice would be don't buy it.”

“The tax incentives are things the music business can emulate. If I own Yesterday by the Beatles and I go to a bank and try to borrow $10,000 and use that song as collateral, they wouldn't know what to do. They would run me out of the bank. Whereas if we get specialized people who know how to appraise the value of intellectual property like songs, catalogs and master recordings, they know how to put some type of value on it. They have this in Nashville and Los Angeles. New Orleans is just starting to get it.”

“More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).”

“The only role other than paying their taxes, whatever those are, the only role for philanthropy broadly - of which the rich should give disproportionately - the more, the better - and I think there is a positive trend in that direction - there are certain risk-taking things, like trying out a new type of charter school or funding a new kind of medicine.”

“I think companies trying to exercise a so-called inversion should be hit with an exit tax. So I want to change behaviors, and I am deeply distressed about quarterly capitalism, because I think it is causing businesses to make decisions that are not helping the long-term profitability of American corporations or the success of our economy.”

“While Donald Trump was busy with his accountants trying to figure out how to keep living like a billionaire, and all the while he was using his political connections to collect hundreds of millions of dollars in government subsidies and extra tax breaks for his companies. In other words, Trump was taking from America with both hands, and leaving the rest of us with the bill.”

“We're going to cut taxes, deregulate to try to create general pro-growth conditions, at the same time, much more than any other Republican ever before, [Donald Trump] is going to focus on trying to tighten the labor market directly through discouraging outsourcing and tightening up on immigration, all towards the goal of actually increasing wages, that's a new focus for the Republican Party and a very important one.”

“Once you have an equalization instrument in place, as you have in Canada, there arise tremendous bureaucratic values - bureaucratic rent so to speak - in maintaining the system that you have. To shift to a system that paid the transfers directly to individuals, by having differential rates of federal income tax levied to adjust to provincial fiscal capacities, which would be my preference, you would have huge bureaucratic opposition. People would try to protect the rents they have in the current system of institutions.”

“The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.”

“I thought you liberals cared about people, but here you're perfectly content to get them addicted to tobacco and make them pay taxes through the nose and continue to pay taxes through the nose and raise their taxes. And then you try to make 'em think you care about 'em by running PSAs telling them how they shouldn't smoke and how they should quit. You're exactly right. If they really cared, they would ban the product, but they can't, because the revenue from tobacco taxes - I'm not kidding you - funds children's health care programs, and a number of other things as well.”

“Opening a small business is a reasonable thing for you to do but should tax payer, should an ordinary worker have to pay more money in taxes because someone across the street from them opened up a business which might well go under? For a lot of people opening a business is a bad choice for them. Most small businesses fail. I understand people wanting to give it a try and everything but we're not necessarily doing them a favor to say, take all your life savings, borrow to the hilt, and then struggle for three years and end up with nothing. We're not necessarily doing them a favor.”

“Who are we talking about? We're talking about the people that are trying to criminalize Donald Trump. We're talking about the people that are trying to impeach him. We're talking about people who are trying to via innuendo and leak and media assassination, we're dealing with people that are trying to destroy Donald Trump and his press secretary just signaled that they are serious about reaching out to these people to try to get certain things done, legislatively, like infrastructure or tax reform.”

“Thing we're trying to add to this is that lower corporate tax rates as we try and spur the economy. So that's where the Donald Trump attention is. The president's attention is on the middle class, making sure that's simple, fair and better. And then on the corporate tax rate, to try and get folks to invest in America again. His focus has not been on the impact on the top 1 percent.”