Quotes About Taxes
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
~ Mark Zandi
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Progressive taxes are inherently flawed in that they fund public services which are often location-dependent, thus adding to the value of owned land. Thus, any tax that pays for public services without obtaining revenue from resulting land value increases is fundamentally unjust.
~ Unknown
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Fred Harrison claimed in his book Ricardo's Law: House Prices and the Great Tax Clawback System that property owners are generally able to clawback their cumulative income tax payments through gains made from land values, while renters are financially penalized by income taxes. Thus, the progressive income tax is a scam by which the poor subsidize the rich.
~ Unknown
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Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
~ Martin Feldstein
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I know. Being evil is great. Who else besides super-villains and fortune five hundred companies can get away with not paying taxes?
~ Unknown
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where there is war there's spoil. From this it was not far to roving on adventure. Young men could set themselves up in life; kings could grow rich without hard taxes, which pleased their people;
~ Mary Renault
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think tank New American Economy estimates that though 8 million undocumented workers contributed about $13 billion in payroll taxes in 2016, they generally cannot claim Social Security benefits.
~ Unknown
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Countries that quit producing real products, spend more than they produce, lag in education, burden their middle class with higher taxes, and continue to import billions from other countries, bail out failed businesses and reward bad behavior instead of investing in good businesses, will eventually lose their leadership and wealth
~ Unknown
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Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil.
~ Michael Bloomberg
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If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
~ Michael Bloomberg
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You have to take away some of tax breaks for the wealthy, and you have to cut back on some entitlements. Because, unless we do all of these things, it just doesn't work. And what's good theater and what's good politics isn't necessarily good economic policy.
~ Michael Bloomberg
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Today's monopolization of affluence by a rentier class avoiding taxes and public regulation by buying control of government is the same problem that confronted the classical economists. Their struggle to create a fairer economy produced the tools most appropriate to understand how today's economies are polarizing while becoming less productive.
~ Michael Hudson
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the economic aim of debt jubilees was to restore solvency to the population as a whole. Many royal proclamations also freed businesses from various taxes and tariff duties, but the main objective was political and ideological. It was to create a fair and equitable society.
~ Michael Hudson
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Yet for thousands of years, economic polarization was reversed by cancelling debts and restoring land tenure to smallholders who cultivated the land, fought in the army, paid taxes and/or performed corvée labor duties.
~ Michael Hudson
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The poorer women lived from wages, the richer women sank their money into houses they often shared with other beguines. That did not stop them being very successful in the new commercial world around them; the beguinage of Sint-Truiden was attacked and plundered in 1340 by townspeople furious at how well the women were doing, especially since they were free of some taxes.9 Some of them were traders, not just artisans.
~ Unknown
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They're using these sort of coded appeals to say to people two things: One, the biggest threat in your life is not concentrated wealth, it's minorities; and two, government coddles minorities, and all these government assistance programs, it's all about giveaways to minorities—oppose them—government is taking your taxes and giving it to undeserving minorities.
~ Unknown
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Philosophy teaches a man that he can't take it with him; taxes teach him he can't leave it behind either.
~ Mignon McLaughlin
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It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
~ Mike Pence
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You bet every member of Congress who votes for this bill ought to read it, read it thoroughly, and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy, paid for with nearly a trillion dollars in new taxes on individuals and small businesses. And it must be opposed.
~ Mike Pence
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We have a system that increasingly taxes work and subsidizes nonwork.
~ Milton Friedman
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
~ Milton Friedman
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The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
~ Milton Friedman
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I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
~ Milton Friedman
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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
~ Milton Friedman
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