Quotes About Tax

The gas tax has been the backbone of the transportation system since the inception of the Interstate highway system in the 1950s.

How much money did you make last year Mail it in. suggestion for a simplified tax form

Nothing could be further from the truth than the claim that we have a choice between cutting tax and cutting unemployment, for the two go hand in hand.

Arnold Schwarzenegger made his tax returns public, [and] now there's a problem about him stretching the truth. Apparently under occupation he put down 'actor.'

The truth is, no one pays more tax than they have to.

More than half of the Danish adult population—as much as two-thirds, according to some estimates—either works in the public sector or is financially supported by it in the form of benefit payments. The idea, then, of the Danes voting for a reduction in the size of the public sector funded by tax cuts seems about as likely as the turkeys voting for Thanksgiving. The majority will always vote for the status quo because their livelihood depends on it.

But from my point of view, such an undertaking is impossible. The mathematics are so self-evident that they don't need to be calculated. It's rather like my asking you whether, on a billion dollars in income, you had to pay tax. You wouldn't need to pull out your calculator to check. You'd know tax was owed. And, similarly, I know overwhelmingly that one cannot successfully duplicate nature in this way, or hope to isolate it.

The scale of Greek tax cheating was at least as incredible as its scope: an estimated two-thirds of Greek doctors reported incomes under 12,000 euros a year—which meant, because incomes below that amount weren't taxable, that even plastic surgeons making millions a year paid no tax at all.

I don't really care if you're a Republican or Democrat or you want to fight about the size of government. How about a government that just works? Put your tax dollar in and get a return out the other end.

I love paying tax so much, the sight of a gritter lorry gives me an erection.

The author reveals a cultural change that took place when clergy were paid based on a tax on the land's value rather than what it produced. This meant that, while parishioners could suffer through a terrible year, clergy would always have a comfortable one.

zippy new tax called VAT, which was to be introduced a week or so later. The gist of the advertisement was that while some things would go up in price with VAT, some things would also go down. (Ha!) I

VAT Value Added Tax, a sales tax (currently 17.5 percent in Britain) imposed on nearly everything.

Our laws and regulations are so outdated. The phrase "government policy" doesn't exactly set people's hair on fire. But policies—everything from tax rules to environmental regulations—have a huge impact on how people and companies behave. We won't get to zero unless we get this right, and we're a long way from doing that. (I'm talking here about the United States, but this applies to many other countries too.)

He talked about how tariffs risked roiling the markets and jeopardizing a lot of the stock market gains. He said the tariffs would be, in effect, a tax on American consumers. Tariffs would take away a lot of the good that Trump had done through tax and regulatory reform. You're the globalist, Trump said. I don't even care what you think anymore, Gary. Trump shooed him away. Cohn retreated to a couch.

The individual income tax rates were pegged at 10, 12, 22, 24, 32, 35 and the top rate, 37 percent. The drop from 39.6 percent was standard Republican tax cutting. In the end, the law would add an estimated $1.5 trillion to the annual deficit over 10 years.

four principles: simplification of the tax code, tax relief for middle-income families, job creation and wage growth, and bringing back and taxing the trillions of corporate dollars stashed overseas.

47% problem—that is, the significant number of people who don't pay income tax.

A consumption tax like the VAT is paid by everybody, including those who pay no income tax and those who are in the country illegally.

The argument for a lower tax rate on capital income—an argument supported by many economists—runs as follows: (1) economies need capital investment to grow and create new jobs; (2) capital investment by definition is risky (you could lose it all); and (3) therefore, a lower rate of tax on potential gains is necessary to encourage people to make those essential, but risky, investments.

broker or banker who invests other people's money can count his own salary as "capital gains" and thus pay tax on it at the reduced, capital gains rate.

In the 1960s, the corporate tax brought in about 33% of U.S. tax revenues. Today, the same tax provides less than 9% of revenues; that means individual taxpayers have to take up the slack and pay more.

It's classic: Congress decides to reduce the complexity of our tax code by making it even more complex.

Most of them ran counter to the ethos of BBLR. Virtually all of them made the tax code more complicated—including that bizarre "anti-complexity clause," Section 7803(c)(2)(B)(ii)(IX). Three decades after the passage of the 1986 reforms, the U.S. tax code is a mockery of the BBLR principle.