Quotes About Tax loopholes

When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there!

The money is with people who have taken advantage of every single break in the tax code.

The corporations who invest in lobbyists, it pays in terms of tax loopholes, tax subsidies, all the rest. It pays. Clearly, the money has a big effect.

There are some tax expenditures that are there for very obvious and very important and very good policy reasons. Whether it's the charitable deduction or the deduction for homes, it's not a loophole.

If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.

My goal in getting rid of tax loopholes is not to raise taxes. Our problem in Washington, D.C. is not a revenue problem, it is a spending problem.

A corporation can do many things that an employee cannot, like pay expenses before paying taxes. That is a whole area of expertise that is very exciting. Employees earn and get taxed, and they try to live on what is left. A corporation earns, spends everything it can, and is taxed on anything that is left. It's one of the biggest legal tax loopholes that the rich use.

Employees earn and get taxed, and they try to live on what is left. A corporation earns, spends everything it can, and is taxed on anything that is left. It's one of the biggest legal tax loopholes that the rich use.

A corporation earns, spends everything it can, and is taxed on anything that is left. It's one of the biggest legal tax loopholes that the rich use.

If you ask any CPA, he or she will tell you that there is very little they can do for you in the E quadrant. The government has locked up most of the loopholes for this quadrant.

We need to close the tax loopholes that have awarded companies moving out of the country and overseas; we need a government that will keep our country safe from terrorists at home and abroad... and a government that is responsive to the needs of the people.

The government grants tax and legal loopholes to real estate investors to encourage them to do a job that the government can't.

Tax expenditures for middle- and working-class Americans - like the earned income tax credit - aren't thought of as loopholes; they're just thought of as benefits.

The Democrats and Republicans need to come together. I've criticized Democrats for their unwillingness to address entitlement reform and Social Security and Medicare. Republicans, on the other hand, never saw a tax that they liked, even when it meant closing tax loopholes. They don't want to in any way support any revenue enhancements.

I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.

If the tax loop holes that allow tax avoidance were shut down, it would go some way to sorting out our finances, would it not?

The American people are screaming out saying it's unfair that the wealthiest, the largest corporations who can afford the best attorneys, the best accountants, take advantage of these special tax treatments that the lobbyists have, along with lawmakers, have cooked in the books here.