Quotes About Taxation

An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation.

The power to tax involves the power to destroy.

An unlimited power to tax involves, necessarily, a power to destroy

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

What is raised by printing notes is just as much taken from the public as is a beer-duty or an income-tax. What the Government spends the public pays for. There is no such thing as an uncovered deficit.

Companies that pollute should be taxed so that a product's cost to society is reflected in the price of that product.

It was just so in the American Revolution, in 1776, the first delicacy the men threw overboard in Boston harbor was the tea, woman's favorite beverage. The tobacco and whiskey, though heavily taxed, they clung to with the tenacity of the devil-fish.

No people overcharged with tribute, is fit for empire.

Income should be taxed one time at one rate, not again and again.

As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.

Many liberals argue that big U.S. companies don't really pay the top corporate rate. While this is sometimes true, it's mainly because, during recessions, companies lose money, and get a tax loss carryforward that temporarily reduces their effective rate. But during economic expansions, when profits rise, companies then do pay the top rate.

Online is not contributing in the same way as the high street in terms of business rates and to the local community.

That argument worked until the state of California decided that each series would be taxed as a separate LLC. So instead of paying just $800 for one series LLC in California you would pay, in our four-asset example, $3,200 for the series—the same as if you'd used four separate LLCs with greater certainty of protection.

In a C corporation, the profits are taxed at the corporate level and then taxed again when a dividend is paid to the shareholder.

A government which robs Peter to pay Paul can always depend on the support of Paul.

I don't know how you feel, but I'm pretty sick of church people. You know what they ought to do with churches? Tax them. If holy people are so interested in politics, government, and public policy, let them pay the price of admission like everybody else. The Catholic Church alone could wipe out the national debt if all you did was tax their real estate.

What is taxation? Taxation is what you pay to live in a civilized society- what you pay to have democracy and opportunity.

Finally, Obama's remarks are carefully constructed to undermine the arguments of conservatives, who frame the social programs funded by taxation as government handouts to the undeserving. Obama flips the taxes-as-handouts frame on its head, to yield a frame in which tax breaks are handouts to the rich, and the estate tax is a transfer of wealth from ordinary taxpayers to wealthy individuals—a frame that tells a vital truth. It

Since the 1970s, the concept of taxation has shifted from the source of needed, and often revered, public resources to the idea that taxation is a burden—an affliction in need of "tax relief.

The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.

In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.

Confiscatory taxation enforced by threat of imprisonment is 'stealing,' a practice strongly frowned upon by our Creator.

In six short years, small business owners and family farmers will once again be assessed a tax on the value of their property at the time of their death, despite having paid taxes throughout their lifetime.

Excise—A hateful tax levied upon commodities, and adjudged not by the common judges of property, but wretches hired by those to whom excise is paid.