Quotes About Tax

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.

Tax cuts that actually go to working-class, middle-class people, I'm not opposed to.

Our economy works really well without an income or a sales tax.

At tax time, people are going to say, 'Gee, if the IRS asks for documents from me, and I destroy them, I wouldn't get away with that.' But that's effectively what Commissioner Koskinen has been able to get away with.

America's tax code is beyond repair. Tinkering with it won't work. The only hope is a bold tax-reform plan that will liberate our nation from the slow-growth status quo and jump-start a new era of American prosperity and growth.

'Marriage' was not that big a deal, to be honest! I mean, it makes life easier for technical reasons: insurance, next-of-kin stuff, joint tax filing, etc. The real shocker was falling in love with the man I'm married to. I was 32 when we met, and I had really never been in a functional relationship before, had never been deeply in love.

We continue to see our elected officials working extra hard to create a 'good climate for business' that leads to disinvestment in public infrastructure and tax incentives to the detriment of cities, while enriching private business and further entrenching poverty. And our cities are told by legislators to use their bootstraps to survive.

Julia's unhappy relationship with the Inland Revenue was due to her omission, during four years of modestly successful practice at the Bar, to pay any income tax. The truth is, I think, that she did not, in her heart of hearts, really believe in income tax. It was a subject which she had studied for examinations and on which she had thereafter advised a number of clients: she naturally did not suppose, in these circumstances, that it had anything to do with real life.

countries allow organizations to claim some aspects of software development as R&D and thereby receive tax benefits for doing so.

Way back in 1831, Michael Faraday, one of the founders of our modern understanding of electromagnetism, was asked by an inquiring politician about the usefulness of this newfangled "electricity" stuff. His apocryphal reply: "I know not, but I wager that one day your government will tax it".

It's two days until tax time. I know it's late, but there is still time to deduct this show as a loss.

I think you need to have a tax system that basically is flat, fair and simple. And - that you can put on a post card. I mean, even Timothy Geithner could do this one and get it on time.

Most years, if you were to ask me how much I make, the genuine answer is that I have no clue. I usually find out the answer to that question once a year, at tax time, when my accountant tells me.

Trump's tax returns - his tax returns showed he went through a very difficult time, but he used the tax code just the way it's supposed to be used. And he did it brilliantly.

A one-time tax does not get figured into people's investment decisions.

the modern State's greatest single instrument of oppression, its murderous tax on drink...accounts for nearly all the miseries besetting our once-merry land; football hooliganism, colour prejudice, industrial unrest, cynicism about politicians; the list is endless.

On the morning of October 31, he received a notice informing him that all of his property, including his bank accounts and safety deposit boxes, had been attached to satisfy a delinquent judgment obtained against him in a trial involving a deficiency in his personal income tax of three years ago. It was a formal notice, complying with every requirement of the law—except that no such deficiency had ever existed and no such trial had ever taken place.

The only force left on Earth that can stand up to the largest corporations are national governments, some of which still maintain the power to tax, regulate, and divide corporations into smaller pieces when they get too powerful.

Censure is the tax a man pays to the public for being eminent.

If you fully convert your home to rental property and use it that way for years before selling it, after you do sell you can either take advantage of the lower long-term capital gains rates or do a tax deferred exchange. For tax purposes, you get to deduct depreciation and all of the write-offs during the ownership and you can shelter up to $25,000 in income from active sources subject to income eligibility requirements. (Please

Congress opted for budget cuts and tax increases.

On the demand side, tax cuts should lead to more consumer spending—although by how much depends on the form of the cuts and who receives them—

But lawmakers had avoided tackling those critical long-run issues in favor of near-term spending cuts and tax increases that weakened the already weak economy.

I expressed no preference for whether the stimulus should take the form of tax cuts, spending increases, or both.