“Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.” FirstsBelieveKindTwoDoneChoicesI BelieveResultsEconomyCuttingAchieveTypeTaxesWasteWeaknessEconomicsIncreaseInvestmentDebtPracticalsBudgetsTemporaryTransitionTaxationRevenueDeficitInadequateBoostInertiaTax CutsSurplusUnwanted Author:John F. Kennedy
“For the protection of state and welfare of the people, a ruler shold collect all types of wealth. By suing devices of sama, dama , danda, bheda , he shold increase income of the state, strong administration helps in collecting different type of taxes fro exchequer.” PeopleDifferentStatesHelpingPoliticalStrongWealthTypeTaxesIncreaseProtectionIncomeAdministrationWelfareDevicesRulersCollectingSuing Author:Chanakya
“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.” PeopleIfsWantShouldTryingHumansMayWould BeHateForceHuman BeingsPayHellHonestTypeTaxesTerrorExtremesSocialismAlternativesHighwaysTolls Book:How the World Works Source: How the World Works
“You have educate the masses to exactly what their tax dollars are going to pay for. I think once people educate themselves and open up their minds to understand that on that really basic level, then you'll have some type of change in the way that Americans associate themselves and participate in their own political process.” PeopleThinkingWayMindPoliticalProcessLevelsPayTypeTaxesMassDollarsEducateAssociatesFiascoTax Dollars Author:Lupe Fiasco
“With taxes, if they aren't working right, we can change them with a stroke of the pen. It's basically a market-type mechanism. People make their own choices. You run the taxes, and you get the results.” PeopleIfsRunningChoicesResultsTypeTaxesPensMechanismStrokes Author:Paul R. Ehrlich
“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.” PeopleIfsKnowsTryingUseRunningValuesSongKnow HowMastersTypeTaxesIntellectualPropertyStartingYesterdayLos AngelesNew OrleansIncentivesMusic BusinessEmulateNashvilleIntellectual PropertyCollateralAppraise Author:Chris Thomas King
“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.” ThinkingGivingShouldTryingKindSchoolCertainRolesRichRiskTypeTaxesMedicineTrendsPhilanthropyFundingRisk-takingCharterCharter Schools Author:Bill Gates
“We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types.” ThinkingUseUsedTypeMountainTaxesHundredAccountsBillsDollarsNotesEverydayCriminalsCashEveryday LifeEuroEvasionDollar BillsTax Evasion Author:Kenneth Rogoff
“You can get a coalition of senators from particular states in America, for example, who want to construct highways or dams or ports which may well be very inefficient. The taxes would be paid by the people over the whole country, but the benefits would go to the few people in those particular locations. This type of spending is a rather gross waste of resources that worsened over the years as the government has been allowed to do more particularized things.” PeopleWantYearsWellsMayHas BeensCountryStatesWholeGovernmentWould BeAmericaExampleParticularTypeTaxesWasteBenefitsResourcesPaidSpendingSenatorsLocationConstructsGrossHighwaysPortCoalitionsDams Author:James M. Buchanan