Quotes About Taxation

People who relieve others of their money with guns are called robbers. It does not alter the immorality of the act when the income transfer is carried out by government.

economists recognize that, other things equal, cuts in tax rates reduce tax revenues in percentage terms by less than the tax-rate reductions. Similarly, tax-rate increases do not raise tax revenues by as much in percentage terms as the tax-rate increases. This is true because changes in marginal tax rates alter taxpayer behavior and thus affect taxable income.

A government that 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.

If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.

Why is it that half of the households in America pay zero income tax? We need some real tax reform.

I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.

There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the economy.'

Inflation is one form of taxation that can be imposed without legislation.

The state, it cannot too often be repeated, does nothing, and can give nothing, which it does not take from somebody.

Patrick Henry argued that according to British law, no British citizen could be forced to pay a tax unless his representative... in Parliament agreed. But since there were no Americans in Parliament, the colonies didn't have representation. Any tax passed by Parliament was illegal...

But the actual arguments advocated by Secretary Mellon had nothing to do with a "trickle-down theory." Mellon pointed out that, under the high income tax rates at the end of the Woodrow Wilson administration in 1921, vast sums of money had been put into tax shelters such as tax-exempt municipal bonds, instead of being invested in the private economy, where this money would create more output, incomes and jobs.[8

Under these escalating wartime income tax rates, the number of people reporting taxable incomes of more than $300,000— a huge sum in the money of that era— declined from well over a thousand in 1916 to fewer than three hundred in 1921. The total amount of taxable income earned by people making over $300,000 declined by more than four-fifths during those years.[11

Why are we so sure that some planning, or progressive taxation, or the collective ownership of public goods, are intolerable restrictions on liberty; whereas closed-circuit television cameras, state bailouts for investment banks 'too big to fail', tapped telephones and expensive foreign wars are acceptable burdens for a free people to bear?

From the late 19th century until the 1970s, the advanced societies of the West were all becoming less unequal. Thanks to progressive taxation, government subsidies for the poor, the provision of social services and guarantees against acute misfortune, modern democracies were shedding extremes of wealth and poverty.

tax farming is absurdly inefficient. In the first place, it discredits the state, represented in the popular mind by a grasping private profiteer. Secondly, it generates considerably less revenue than a well-administered system of government collection, if only because of the profit margin accruing to the private collector. And thirdly, you get disgruntled taxpayers.

Since 1973, however, free-market theorists had re-emerged, vociferous and confident, to blame endemic economic recession and attendant woes upon 'big government' and the dead hand of taxation and planning that it placed upon national energies and initiative. In many places this rhetorical strategy was quite seductive to younger voters with no first-hand experience of the baneful consequences of such views the last time they had gained intellectual ascendancy, half a century before.

high taxation was not regarded in these years as an affront. On the contrary, steep rates of progressive income tax were seen as a consensual device to take excess resources away from the privileged

The most progressive tax years in US history were 1944 and 1945, with a 94% rate applied to any income above $200,000 (the equivalent in 2009 of $2.4 million). Such top rates, often denounced as confiscatory by those who had to pay them, would not drop below 80% for another 20 years. At the end of World War II, many other countries adopted similar and often extreme tax measures. In the UK during the war, the top income tax rate rose to an extraordinarily stunning 99.25%!

was zero in 1914; a year after the end of World War I, it was 50%. Canada introduced income tax in 1917 as a "temporary" measure to finance the war, and then expanded it dramatically during World War II with a flat 20% surtax imposed on all income tax payable by persons other than corporations and the

climate change solutions will be actively pursued. Taxation will increase, particularly for the most privileged, because governments will need to strengthen their resilience capabilities and wish to invest more heavily in them.

To simplify, the state steals money—taxes—from parents in order to use that money to kidnap children from those very parents. This is why reform may be impossible, for the very nature of the system is unethical and based on the destruction of others.

If you drive a car, I will the tax the street,If you try to sit, I will tax your seat,If you get too cold, I will tax the heat,If you take a walk, I will tax your feet.

If you drive a car, I'll tax the street; if you try to sit, I'll tax your seat; if you get too cold, I'll tax the heat; if you take a walk, I'll tax your feet.