Quotes About Taxes

For me, I think being a conservative means you are focused on all four key principles: strong defense, lower taxes, less spending, and defending traditional American values.

Donald Trump did exactly what he said he'd do on the campaign trail and frankly what we should have more of, which is luring companies to stay here by easing regulations, by lowering the tax burden so that more Americans can have U.S. jobs.

When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money.

I see it as very important that taxpayers have access to all financial transactions.

I believe very firmly that we can get to balanced budgets without raising taxes and without cutting transfers to the provinces or to individuals.

I would rather we limited - for the sake of transparency - we limited the number of taxes that we had and we were right up front about what they are, how much they are, and so forth.

The cost of airline tickets will never be transparent as long as the Department of Transportation requires airlines to hide taxes, surcharges, and fees from consumers.

I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.

"It was as true" said Mr. Barkus "as taxes is. And nothing is truer than them."

In the absence of a global government that could raise taxes to fund a global welfare state, the free movement of people among countries would overburden and destroy existing national welfare states, or else empower right-wing populists to defend welfare states for natives against immigrants, as is happening both in the U.S. and Europe.

To maintain profit levels, the large landowners and industrialists would have to slash wages and raise prices. The state in turn would have to provide them with massive subsidies and tax exemptions. To finance this corporate welfarism, the populace would have to be taxed more heavily, and social services and welfare expenditures would have to be drastically cut—measures that might sound familiar to us today.

Trump's lawyers are right that if a president does what he honestly thinks is simultaneously in his personal electoral and the national interests, that's not impeachable, in the following sense: If a president cuts taxes because he thinks it will get him reelected and it will create jobs, that's fine. That's ordinary electoral politics.

Well, generally, I don't like sin taxes at all, because sin taxes and nanny state politics represent the government making a moral judgment on people's individual choices.

Ramona, are you having problems with your income tax?" Mrs. Quimby asked, behaving as if she were serious even though she was joking.

Prohibition may be the greatest gift any government ever gave its citizens. A barrel of beer cost $4 to make and sold for $55. A case of spiritous liquor cost $20 to produce and earned $90--and all this without taxes.

Cohn had a packet of Goldman Sachs–style charts and tables to educate the president on taxes. Trump was not interested and did not read it.

Forty-four percent of Americans did not pay federal income tax.

44 percent paid payroll taxes on their wages that went toward Social Security and Medicare, as well as state, local, property and sales taxes, they paid zero dollars in federal income tax.

The crucial point is not how much somebody pays in taxes but rather how much she has left after paying. This biblical lesson has been invoked time and again to justify a tax code that calls on the rich to pay higher rates than the poor.

The American sage Will Rogers captured this concept precisely. Of course people like low taxes, Rogers said, but there's something even more important: "People want JUST taxes, more than they want lower taxes. They want to know that every man is paying his proportionate share according to his wealth.

The big gorilla of homeowner tax breaks is the deduction for mortgage interest, which reduces income tax revenues by about $100 billion each year. That is, this one tax deduction costs more than the budgets of the departments of Agriculture, Commerce, Energy, the Interior, and the Treasury combined.

Go to Part IV of Schedule I to figure line 52 if the estate or trust has qualified dividends or has a gain on lines 18a and 19 of column (2) of Schedule D (Form 1041) (as refigured for the AMT, if necessary).

By the mid-1980s, the tax code allowed depletion or depreciation allowances that cut taxes for cement companies, Christmas tree farms, apple orchards, gravel pits, railroad cars, rubber importers, cattle growers, and many, many more. There was even a depreciation allowance for human beings; professional sports teams were allowed to write off their players as "depreciable assets" as they slowed down with age.

What had been the Internal Revenue Code of 1954 became the Internal Revenue Code of 1986, which it still is today.