Tax Quotations

Should we freeze or postpone prospective tax cuts and avoid any new tax cuts until we are sure we have the money to pay for the war on terrorism and the war in Iraq.

But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?

It's wasteful spending like this that not only forces tax increases and cuts in vital services... but also really make you wonder: who is City Hall looking out for?

I want to grow up to be Tom Keneally or David Malouf: still in the game, relevant, putting out quality work, and paying tax aged 78 and 80.

We in Scotland need fiscal responsibility. Quite simply, we need to be responsible for what we raise in tax and what we spend in tax.

He knows the tax code as thoroughly as the pope knows the Lord's Prayer

The real reason to oppose increasing tax rates on the wealthy is that it's a good bet they could do more to help the economy if they keep their money rather than have their earnings confiscated by the government and spent on another round of stimulus.

Society has to get a grip and put a tax on carbon. Of course, there is much that flows from that, and it is a complex situation. The small details of something such as climate change are political and social, and they are a lot about fairness and how we rebalance towards a fairer society.

Expeditions are escapism. The stuff that we're normally concerned about just doesn't matter out there. Tax returns, gas bill, none of it. Life becomes very simple, it's about moving in a certain direction - north if you're going north - staying warm and not getting eaten. That's it.

If giving tax breaks to millionaires created jobs or grew our economy, I would be in favor of them, but they are the same failed policies of the past that just don't work.

I strongly support extending current student loan interest rates and increasing the college tuition tax credit for students and their families.

We Protestants automatically assume that the Pharisees are the Catholics. They are the self-righteous people who have made Christianity a form of legalistic religion, thereby destroying the free grace of the Gospel. We Protestants are the tax collectors, knowing that we are sinners and that our lives depend upon God's free grace.

We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity.

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.

The Democratic Party is made up of trial lawyers, labor unions, government employees, big city political machines, the coercive utopians, the radical environmentalists, feminists, and others who want to restructure society with tax dollars and government fiat.

I like Ronald Reagan, who didn't play crass politics, and he just articulated and delivered on broad themes that were needed. Free markets meant free markets. Deregulation. Lower tax rates. Strong national defense. And he was credible and believable.

The corporate right fires up the religious right against gay marriage and abortion and uses their votes to push their deregulation and tax cuts for the rich. It's an old trick. The House of Saud has the same arrangement with the Mullahs in Saudi Arabia.

In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.

Americans are falling out of the middle class, not into it. And they deserve relief. I absolute support extending the Bush tax cuts for those who work the hardest and invest the most in our economy - the real drivers of American growth, the middle class.

If you can take my tax money and assure me that it'll go to the right purpose, that it will help the poor, then fine. But I'm not sure a lot of it does. In fact, I know a lot of it doesn't.

A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work.

I am the candidate of tax cuts, repealing Obamacare, repealing Dodd-Frank, letting the markets work, coming up with patient-and-doctor-centered healthcare solutions instead of more big government - and just generally getting government off the backs of small businesses.

Any politician that says no tax revenue or zero spending cuts does not deserve reelection. Our hole is so deep in this country with the debt and the debt service, the interest on that debt, before the big expenses come for Social Security and Medicare - for we baby boomers in a few years - that everything has to be on the table.

Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.

The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Most of the tasks we do are for humans. For example, a tax calculation is counting numbers so the government can pull money out from my wallet, but government consists of humans.

We pursued the wrong policies. George Bush is not on the ballot. Bill Clinton is not on the ballot. Mitt Romney is on the ballot, and Barack Obama is on the ballot. And Mitt Romney is proposing tax reform, regulatory reform, a wise budget strategy and trade. The president has proposed tax increases.

I hear from the business community all the time that what they need is an educated work force. They need an infrastructure that can make people and products. You need to cultivate an environment that they can imagine living in and being in, having employees be in. And a fair tax structure. And a responsive government.

Corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.

I'm very grateful I went to school to study law, particularly tax law, which really is interesting to me and very useful to me now with my position. Music, however, will always be my number one passion; I like how it connects everyone.

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.

Making the tax cuts permanent will continue to grow the economy, create jobs, and put more money in the pockets of the hard-working families of Pennsylvania.

I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.

In order to spur economic growth we need to put the brakes on out of control spending, lower Ohioans tax burden and create a most efficient and effective government.

The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues.

The 1986 tax act is sort of the unsung hero of the very good economic times we had for a long time. Of course, politics gums it all up again and preferences get put in.

Accounting for the unpaid care economy can drive progressive policies such as paid family leave, social security credits for early childcare, tax credits, and quality early childhood education.

Green policy is about triggering a shift to a cleaner way of doing things. To be effective, it needs to incentivise the right behaviour, for example through tax breaks, and that needs to be paid for by disincentives on polluting behaviour.

Today it is evident that we have two political parties: the Tax and Spenders and the No-Tax and Spenders. Neither party is fiscally conservative. Is there no room at the inn for an honest conservative? A conservative who makes the case for smaller government on its merits and not just as the fallback option when fiscal bankruptcy threatens?

I have an American son and an American partner, so marriage might logistically make sense at one point. My partner is a stay-at-home father, so if he wants to be on my health plan, or tax wise, or maybe on paper we want to have our I's dotted and our T's crossed, but emotionally, neither of us really feels the need for it.

I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this.

On the issues that I care deeply about - the environment, Roe vs. Wade, the war in Iraq, with no weapons of mass destruction, the tax cuts that are now leading to deficits, I've got some deep issues with the president.

My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He's got a lousy tax cut. It's only good for the super wealthy. I've got a tax cut that will help ordinary people.

In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.

In the case of the Democrats' 2009 budget request, the statement of need could not have been articulated any clearer: We need more spending, historic new tax hikes, and greater control over the way American families live their lives.

Over the past two years, the House has passed more than 50 measures focused on stimulating the economy and expanding opportunities for American workers. The tax relief provisions in this package have been an important part of our pro-growth agenda.

I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It's a little bit phantom money.

I am sure future historians will say the biggest and most astonishing change in politics has been the embracing of all the tenets of Thatcherism by the party of Keir Hardie: trade union legislation, Europe, the replacement of Trident, 10 per cent tax for people who have made millions from their companies.

Americans sometimes ask what the government does and where their tax money goes. Among other things, it pays for all kinds of invisible but essential safety nets and life belts and guardrails that are useless right up until the day they are priceless.

The truth is, Hillary Clinton's ideas create more income inequality. Why? Because bigger government creates crony capitalism. When you have a 70,000 page tax code, you've got to be very wealthy, very powerful, very well connected to dig your way through that tax code.

If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.

Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.

Tax time is the perfect opportunity to jumpstart your spring-cleaning by tackling your financial to-do list.

We all know what the problems are: it's tax and spend. One party will tax and spend, the other party won't tax but will spend. It's both of them together.

We all want a simpler code, but tax reform is about much more. It is about ensuring that everyone pays their fair share. The tax code is also used to promote behavior that we as a nation support, such as home ownership or charitable contributions.

The only thing that was economic, I might say, about my music career, aside from the fact that I did everybody's tax returns in the band, was the decision I made to leave the music business on economic grounds.

If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.

Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.

Our best days are in front of us. We can reform those entitlements, we can change that corporate tax code and lower it. We can put America back on track on a growth level and a growth rate that we've never seen in the history of this country.

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.

In Texas money goes further, with one of the lowest costs of living, one of the lightest tax burdens as a percent of income, and one of the lowest debt-per-capita ratios.

The positive influence of tax rebate checks and lower energy prices is being overwhelmed by the adverse impact of highly noticeable layoff announcements and the turmoil in the stock market,

The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut.

The persistent and growing high level of child poverty reflects conscious and misguided choices, ... How can the Bush Administration and Congress give enormous tax breaks to the wealthiest Americans who have benefited most from the economic recovery while threatening to cut the budgets for Medicaid, Food Stamps and other programs that assist poor children who continue to be left behind?

The people with a vested interest who want a stadium tax subsidy kind of remind me of a used car salesman -- the longer they keep trying, they more they wear you down, ... Generally, when you go to buy a car, the longer you are at the dealer, the more likely it is you are going to get screwed.

The people who think it is a good idea to get a big tax refund are ... really undisciplined. I guess if that is the only way you can save money, it is better than nothing.

The people who pay the highest income tax are also the most mobile. They simply leave North Carolina.

We believe that the increased purchase price is justified as a result of recent increases in gold prices, the exploration success at Red Lake ... and additional synergies and tax efficiencies that we expect to arise from a friendly transaction.

We are at a point where a lot of tax refunds are going out and we generally don't see a great number of tax payments coming in until later in the filing season.

West Lafayette has been recognized as having the lowest city property tax and recognized for helping the Indiana community grow.

We're in the ballpark. None of us likes the idea of a tax increase. But at the same time, we're trying to make sure we're finding the means to provide the best services we can. When I walk the district, people say over and over again that they want more police officers.

We're in a very different world now. We demand accountability for spending. ... We should look and demand accountability for every one of these tax breaks of which there are many in this budget.

We're in a fiscal crisis if you look at it with long-term eyes. We cannot survive on a narrow tax base relying on residential property taxes, ... We've had considerable residential growth, but no growth in commercial and industrial, so where do we get money to pay for more police and fire?

Why, sir, there is every possibility that you will soon be able to tax it! (to PM William Gladstone, on the usefulness of electricity)

Where I get frustrated is when we use government tax dollars to identify problems, we have developed a solution with our government tax dollars, but we have a reluctance to step in and mandate the solutions. What we lack sometimes is the political will to eliminate some of the risks that are still out there.

When you talk about a tax plan that has to make it through Congress, you can't alienate the blue states, because you need a lot of red votes in blue states to get it passed.

There is no question companies are not doing this for the tax benefits.

Whether you are starting a career or you are a seasoned tax professional, the reasons to bring your career to the IRS keep adding up. If you want to be an expert in accounting and tax law, then the Internal Revenue Service is the place for you.

Whether they choose to let pros prepare their taxes, or try the latest computer assistance, or go it alone with pen and calculator, Americans are paying a dear price in money and time because of our complex tax system. Recent tax relief laws have helped many taxpayers keep more of the money they've worked for all year, but the work of filing their federal returns at tax time has become a tiresome chore.

Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.

Whether it's reducing a particular tax or reforming the entire tax code, the issue is fairness,

We've been able to access deals that under our former relationship with Disney - with tax advantages and strategic partners - that we just weren't able to do.

We're spending at a level not supported by the tax base.

We're spending a lot of money in the Gulf, ... We have to do that, but is there anyone in the world that can justify $70 billion in tax cuts? I don't think so. So before I talk about offsets, let the president focus on that.

We're spending a lot more tax dollars and we're wasting lives because we're not treating them early enough to keep them from deteriorating.

What we're seeing is a talking down of the economy, the suggestion of a recession, the suggestion of a slowdown in order to justify what looks like it's going to be a $3 trillion tax cut,

What we're saying is, look, there's an easy way to pay for it: the oil companies. They've got record cash flows, record profits. Impose a new tax on them, use the revenues to dedicate to these programs.

What they have proposed will not offset Katrina. It will offset their tax cuts,

What he's doing is more an immunization thing rather than a real opportunity for voters to rally around the cause of this particular collection of tax cuts,

What he did today was to make a very prudent business decision, ... With the tax base decimated for the next six to seven months ...(the city) has lost its basic revenue streams and customer base. You've got to pare down to a basic core and rebuild incrementally.

What has been the fastest-growing federal tax imposed on middle-income Americans over the past 20 years?,

We're going to keep answering calls, we're going to still provide care to the citizens of Adair County. Whether the tax passes or not, we're going to still offer the best quality care that we can afford.

We're going to have to get the money somewhere, and you'll have to shift that burden from property tax to sales and income tax, but I think it can be done.

We're going to have a tax cut, ... Today's American family is overtaxed at all levels.

Unless Riley really messes up something - given relatively good economic times, given the lack of scandal, given the fact that all of the tax business is in the past - it's hard for me to imagine how Riley could blow it.

We're moving aggressively to reduce the tax gap, ... But no one should think we can totally eliminate the gap. That would take Draconian measures and make the government too intrusive. We have to strike the right balance.

Yellow. We went out and borrowed against the tax credit to complete the balance of the film.

Working toward this goal of helping local businesses grow, I have been an ardent supporter of reducing the tax burden.