Quotes About Economics

We have proven that conservative principles work: less taxes, less government, and more freedom.

We're looking to make sure things are fair, and we're always looking at ways to lower taxes for the middle class and raise them on the wealthiest one per cent.

Nothing could be more regressive than carbon taxes.

G.E. doesn't pay any taxes, and we are asking college kids to take on even more debt to get an education and asking seniors to get by on less. These aren't just economic questions. These are moral questions.

There is an old adage that the quickest way to drop your tax take is to increase taxes. If capital gains tax is going to be 50 percent, my contingent capital gains tax is going to be 250 million pounds.

I love talking about taxes.

President Obama wants to increase the size of government and raise taxes, while I support less government and more individual freedom.

People ask how I can be a conservative and still want higher taxes. It makes my head spin, and I guess it shows how old I am. But I thought that conservatives were supposed to like balanced budgets. I thought it was the conservative position to not leave heavy indebtedness to our grandchildren.

Just dying should not be a reason for taxes.

I paid $1.9 billion in taxes in my lifetime.

The combination of Obamacare and taxes would be a disaster.

Well, in the past, the size of government was one of the more fundamental dividing lines between Right and Left. The Right was supposed to represent the small government philosophy - limited spending, low taxes. Obviously, things have shifted.

People are increasingly frustrated that decisions taken further and further away from them mean their living standards are slashed through enforced austerity or their taxes are used to bail out governments on the other side of the continent.

We spend millions of dollars every year just for the right to pay our taxes, but once again, do we really need to do that? Why don't we simplify it? And I've certainly looked at fair tax, I've looked at flat tax, and if I get to the U.S. Senate, I'd like to review that.

On economic policy, my support of smaller government, lower taxes and economic reform is consistent with the mainstream of the Republican Party in the United States and with many Democrats as well.

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

GOP candidates routinely sign a pledge never, ever to raise taxes. Democratic candidates aren't even asked to sign a parallel pledge never, ever to cut entitlements.

Fortunately, good policy, true principles, and effective leadership work whenever they are tried. When we reduce government, balance budgets, and keep taxes as low as possible, states respond in a positive way.

If the government can make money, what on earth does it collect taxes for you and me for? Why don't it make what money it wants, take the taxes out, and give the balance to us?

Tax rates aren't everything with regard to incentives to work. I would probably work at a 100% tax rate next to a nude modeling studio. I'm joking, but you know what I'm saying. There's a lot more to it than just tax rates. It's economics that I do; I don't do nude modeling studio economics. People do respond to taxes.

There's nothing wrong with paying taxes; they should be paid in proportion to how rich you are. This idea that you're going to get better growth by cutting taxes at the top has no historical justification. And it's certainly not an argument in favor of capitalism.

Though I don't personally believe that Bitcoin is true money, it should be perfectly legal, and there should be no restrictions on it; there should be no taxes on it.

Arthur Laffer's idea, that lowering taxes could increase revenues, was logically correct. If tax rates are high enough, then people will go to such lengths to avoid them that cutting taxes can increase revenues. What he was wrong about was in thinking that income tax rates were already so high in the 1970s that cutting them would raise revenues.

If you raise taxes on the rich, you don't raise much money. I mean, this is one of the things that the U.S. is doing, but it's doing it for political reasons, not for financial reasons.