Quotes About Tax

His best single rant: "maximum diversification, minimal cost, and maximum tax efficiency, low turnover [trading], and low turnover cost, and no sales loads." How

If you conscientiously manage your investments for tax efficiency, your 7.5% allows you to double your investments in 9.6 years instead of 24 years! Now do you see the importance of both tax and fee efficiency?

Your fiduciary or a great tax expert can help you understand all the ways you can produce more net growth in your Freedom Fund so that your compounding process is maximized. Remember, this can save you years or even decades!

cannot envision any situation in which our need for tax revenue in the future is not going to be higher than it is today.

I said it before, but it's worth repeating: most of today's 401(k) plans allow you to simply "check a box," and your contributions will receive the Roth tax treatment. This decision means you pay tax today, but you never pay tax again!

nobody knows what tax rates are going to be in the future, and therefore you have no idea how much of your money will be left over to actually spend.

All preferments (of the emperor) were dependent upon the outstanding size of member of those recommended. He appointed as collectors of the five per cent inheritance tax a muleteer, an athlete, a cook and a locksmith.

impose a hearth tax, on the principle that the number of hearths in a person's dwelling gave a rough indication of their wealth.

Today a Kafir (infidel, non-Muslim believer) living in an Islamic nation can avoid death and physical persecution at the hands of Muslims by paying a Jizyah (poll) tax, annually. However, Muslim Last Day literature provides that once Jesus returns to earth the Jizyah tax will no longer be available, leaving only two options for Christians and Jews: become a Muslim or be decapitated.

We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it.

The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.

The evils of a bad tax are quite sure to be pressed upon the ears of Parliament in season and out of season; the few persons who have to pay it are thoroughly certain to make themselves heard.

I can make a firm pledge, under my plan, no family making less than $250 000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.

I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250 000 - the same rate we had when Bill Clinton was president the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.

They can vote for every possible war that comes along and still be "pro-life," while a levy that applies only to the vast fortunes left by the richest 1 percent of Americans when a spousal exemption is claimed is the "death tax.

I shall clasp my hands together and bow to the corners of the world. May your villages remain ignorant of tax collectors, and may your sons be many and ugly and strong and willing workers, and may your daughters be few and beautiful and excellent providers of love gifts from eminent families that live very far away, and may your lives be blessed by the beauty that has touched mine. Farewell.

Subscribing to the egalitarian notion that every child must have the same education, we have neglected to provide an educational system which will tax the talents and stir the ambitions of our best students and which will thus insure us the kind of leaders we will need in the future.

some of those who crafted the Constitution had serious doubts about tax-supported clergy. James Madison, for example, wrote that such employment was a "palpable violation of equal rights as well as Constitutional principles" and a "national establishment" of religion.10 He suggested that if Congress wanted chaplains to discharge religious duties, members should pay for them from their own pockets. "How just would it be in its principle!" he proclaimed.

I think it's smart for the United States to have some kind of tax revenue for international earnings - if that tax were reasonable.

I think the notion of tax fairness is the reasonable thing to do.

A Land Valuation Tax is a levy on the value of the land unimproved by buildings or other enhancement. The method is already used by insurance companies each year when they calculate your home insurance premium - they separate the cost of a total rebuild of the property from the value of the land itself.

Let's eliminate the income tax, which is one huge speed bump to long-term economic growth and recovery.

The critical thing is that we have to reduce the tax burden.

If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to broaden the base of any tax, all else being equal. That means minimizing the number of deductions and exclusions from taxable income in order to lower marginal rates and reduce distortions.