Quotes About Tax

Foreign investors like decisiveness; they like clarity. There isn't any confusion about Ireland's corporate tax rate: it is 12.5%. End of story.

Cheap labor is a small part of the problem at work here. If it were only cheap labor, America would be in trouble. Because it's other things, too, we have a great chance to turn it around. Here's the problem: Our high corporate tax rate pushes our companies offshore. Our high regulatory burden pushes our companies offshore.

If we could get the corporate tax rate down to, let's say, a maximum of 25 percent, it would be a sea change for this country. It would be great.

If you're in a situation where your effective tax rate is so much lower than any other company, then obviously you have a much better position when it comes to compete on prices and everything else.

I would like to get the tax rate as low as possible so that businesses want to create jobs here.

Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence.

Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion.

We need to even out the tax code for small businesses so that we lower their tax rate to 25 percent, just as we need to lower it for all businesses.

The United States already has the highest corporate tax rate in the world.

President Obama always gives lip service to lowering the corporate tax rate, but he never specifies a particular rate or an overall plan.

I know things like a 20% corporate tax rate will allow us to be more competitive in the global marketplace. That's what our competitors enjoy today around the world. And when we're more competitive, we win in the marketplace, and that allows us to invest and grow for the future.

Any reduction in the corporate tax rate must also come with closing loopholes that have allowed the largest businesses in our country to pay less than they owe.

Corporate tax rate cut is a big decision and giving tax exemption of up to Rs 1.45 lakh crore in a year is not a small thing, it is a big deal.

I think we need to have competitive tax rates in order to create jobs in this country. And I think it should be fair.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We're on target to do that by 2012. We will have significantly - by a significant margin the lowest corporate tax rates in the G-7, and that's our - our government's objective.

What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we'll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate.

We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.

Reduced marginal tax rates on individuals and business fosters growth every time.

The linkage between tax rates and public services is, if not non-existent, negative.

Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.

You don't get gushers of revenue by raising tax rates. You get it through expansion.

Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.

I would support eliminating certain tax breaks that are not economically justifiable if they are offset with reductions in tax rates.