Best 408 quotes in «taxes quotes» category

When you raise taxes on small business, from 35% to 40%, you will kill jobs.

When you're taxing bovine flatulence emissions, there's nothing left to tax.

Why can't Americans do their own taxes? Because the federal Tax Code is out of control, that's why. It's gigantic and insanely complex, and it gets worse all the time. Nobody has ever read the whole thing. IRS workers are afraid to go into the same ROOM with it.

Whoever is for higher taxes, feel free to pay higher taxes.

Why I've advocated a proportional tax system. You make $10 billion, you pay a billion. You make $10, you pay one. And everybody gets treated the same way. And you get rid of the deductions, you get rid of all the loopholes.

Why is it fair that I should be paying a higher percentage of taxes than anyone else?

You don't get an economy growing by raising taxes.

Wouldn't propose new taxes, but won't pledge against taxes.

Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

You are fortunate to live here. If I were your President, I would levy a tax on you for living in San Francisco!

You can grow marijuana, so the government can't tax you and they don't like that, that's why they prohibit it.

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

You dont raise taxes in times of such uncertainty.

You will not see any of your taxes increase one single dime.

All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent.

A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the canidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy--to be followed by a dictatorship.

Among the many other questions raised by the nebulous concept of “greed” is why it is a term applied almost exclusively to those who want to earn more money or to keep what they have already earned—never to those wanting to take other people’s money in taxes or to those wishing to live on the largesse dispensed from such taxation. No amount of taxation is ever described as “greed” on the part of government or the clientele of government.

Altogether, humankind had spread over less than one-eighth of the galaxy. Expansion was somewhat self-limiting. The U.S. had not been able to hold a colony at two hundred light-years distance. At fifteen hundred light-years, most nations could consider their colonies temporary holdings. Any people it took you two months to reach were not going to pay your taxes or obey your laws. That was human nature. - Wolf Star, Tour of the Merrimack #2

An online tax program is only as good as the information the person enters into it and the understanding of what is being asked by the program.

A nation with minimum laws will have maximum laughter.

A penny saved is worth two pennies earned . . . after taxes.

Business Owner Planning Business owners have additional and complex Retirement Planning needs. Counting only on the sale of your business requires tremendous luck and success. If business owners consider the business as simply one asset among many, then they should seriously consider additional assets such as: -Executive Bonus Arrangements -Nonqualified deferred compensation plans -Qualified retirement plans -General investment portfolio Motto for Business Owner Planning As I look back on thirteen years of entrepreneurship, I can see that the best and smartest thing to do is to have a plan with the end in mind and you in mind. The time still goes by and time is expensive. That sentence is really a whole book and you should or will understand sooner than later, hopefully. That would have looked like business succession planning. Proper business succession planning requires sound preparation in order to have a smooth and equitable transition. Financial, tax and legal planning are all necessary for a success.

Because taxpaying is seen as an emblem of civic worthiness, denying the poor the status of taxpayers has the effect of denying their political standing. Classing a large percentage of the populace as a kind of second-class citizenry is genuinely toxic for democratic norms.

Death and taxes in life are certain, knowing how to pay only your fair share is third.

Collateral Capacity or Net Worth? If young Bill Gates had knocked on your door asking you to invest $10,000 in his new company, Microsoft, could you get your hands on the money? Collateral capacity is access to capital. Your net worth is irrelevant if you can’t access any of the money. Collateral capacity is my favorite wealth concept. It’s almost like having a Golden Goose! Collateral can help a borrower secure loans. It gives the lender the assurance that if the borrower defaults on the loan, the lender can repossess the collateral. For example, car loans are secured by cars, and mortgages are secured by homes. Your collateral capacity helps you to avoid or minimize unnecessary wealth transfers where possible, and accumulate an increasing pool of capital providing accessibility, control and uninterrupted compounding. It is the amount of money that you can access through collateralizing a loan against your money, allowing your money to continue earning interest and working for you. It’s very important to understand that accessibility, control and uninterrupted compounding are the key components of collateral capacity. It’s one thing to look good on paper, but when times get tough, assets that you can’t touch or can’t convert easily to cash, will do you little good. Three things affect your collateral capacity: ① The first is contributions into savings and investment accounts that you can access. It would be wise to keep feeding your Golden Goose. Often the lure of higher return potential also brings with it lack of liquidity. Make sure you maintain a good balance between long-term accounts and accounts that provide immediate liquidity and access. ② Second is the growth on the money from interest earned on the money you have in your account. Some assets earn compound interest and grow every year. Others either appreciate or depreciate. Some accounts could be worth a great deal but you have to sell or close them to access the money. That would be like killing your Golden Goose. Having access to money to make it through downtimes is an important factor in sustaining long-term growth. ③ Third is the reduction of any liens you may have against these accounts. As you pay off liens against your collateral positions, your collateral capacity will increase allowing you to access more capital in the future. The goose never quit laying golden eggs – uninterrupted compounding. Years ago, shortly after starting my first business, I laughed at a banker that told me I needed at least $25,000 in my business account in order to borrow $10,000. My business owner friends thought that was ridiculously funny too. We didn’t understand collateral capacity and quite a few other things about money.

Corporations don’t make profits. Corporations don’t pay taxes. I have yet to meet a liberal that understands these concepts.

Corporations barely pay taxes. The corporate tax rate is already very low, but corporations have worked out an array of complicated techniques so they often don't have to pay taxes at all... The scale of sheer robbery by corporate power is enormous.

Dreams are tax-free.

Even taxpayers have rights!

Ethnicity and tribe began, by definition, where sovereignty and taxes ended. The ethnic zone was feared and stigmatized by state rhetoric precisely because it was beyond its grasp and therefore an example of defiance and an ever-present temptation to those who might wish to evade the state.

Frequent suggestions were made during the course of the trial that the motives of the donor and the donees alike, in carrying out this transaction, were to escape death duties. I feel constrained to dispose once and for all of these suggestions by the short answer that the existence or otherwise of such motives is irrelevant, excep as evidence for or against the bona fides of the transactions. There is the highest authority for the proposition that, if a man can lawfully so order his affairs that the payment of revenue duties of any kind is reduced or avoided altogether, there is no legal objection to his doing so. Whatever may be thought as the the morality of such transactions in these times from the point of view of patriotism and public spirit, there is no ground for ignoring their legal effect, unless such transactions be proved to be amere sham, such as those falling within the words 'not bona fide' in the act of 1894, or the phrase 'artificial transaction' in the Finance Acts of more recent years. Attorney General vs. Goneril Albany in re the estate of King Lear, MORE LEGAL FICTIONS

Failure to use tax money to finance things not liked by the taxpaying public is routinely called ‘censorship.’ If such terminology were used consistently, virtually all of life would be just one long, unending censorship, as individuals choose whether to buy apples instead of oranges, vacations rather than violins, furniture rather than mutual funds. But of course no such consistency is intended. This strained use of the word ‘censorship’ appears only selectively, to describe public choices and values at variance with the choices and values of the anointed.

Florida is full of long-range, unending road jobs that break the backs, pocketbooks, and hearts of the roadside business. The primitive, inefficient, childlike Mexicans somehow manage to survey, engineer, and complete eighty miles of high-speed divided highway through raw mountains and across raging torrents in six months. But the big highway contractors in Florida take a year and a half turning fifteen miles of two-lane road across absolutely flat country into four-lane divided highway. The difference is in American know-how. It's know-how in the tax problems, and how to solve them. The State Road Department says a half-year contract will cost the State ten million, and a one-year contract will cost nine, and a year-and-a-half deadline will go for eight. Then Doakes can take on three or four big jobs simultaneously, and lease the equipment from a captive corporation. and listlessly move the equipment from job to job, and spread it out to gain the biggest profit. The only signs of frantic activity can be two or three men with cement brooms who look at first like scarecrows but, when watched carefully, can be perceived to move, much like the minute hand on a clock.

Green recorded these initial thoughts about government: "Either the people will pay direct taxes, or they will pay none if they know it; and if they don't know when they pay taxes, it is quite time for the prudent, economical administration of government that they did. The Treasury should just supply the moderate wants of the administration of government; an overflowing treasury brings with it corruption and fraud. It has been the curse of nations, and, profiting by the experience of the past, it becomes the present to avoid the instruments of their overflow.

Hypocrisy, Milton wrote, is “the only evil that walks Invisible, except to God alone.” To ensure that “neither Man nor Angel can discern” the evil is, nonetheless, a demanding vocation. Pascal had discussed it a few years earlier while recording “how the casuists reconcile the contrarieties between their opinions and the decisions of the popes, the councils, and the Scripture.” “One of the methods in which we reconcile these contradictions,” his casuist interlocutor explains, “is by the interpretation of some phrase.” Thus, if the Gospel says, “Give alms of your superfluity,” and the task is “to discharge the wealthiest from the obligation of alms-giving,” “the matter is easily put to rights by giving such an interpretation to the word superfluity that it will seldom or never happen that any one is troubled with such an article.” Learned scholars demonstrate that “what men of the world lay up to improve their circumstances, or those of their relatives, cannot be termed superfluity; and accordingly, such a thing as superfluity is seldom to be found among men of the world, not even excepting kings”—nowadays, we call it tax reform. We may, then, adhere faithfully to the preachings of the Gospel that “the rich are bound to give alms of their superfluity,… [though] it will seldom or never happen to be obligatory in practice.” “There you see the utility of interpretations,” he concludes.

If you have a really good ideas, one thing you dont need is a fucking gun. An iPad is a kind of a cool thing. They don't need to threaten you with fines to get you to buy one do they? The moment the government says they're gonna force you to do something, you know its a bad idea. If someone invites you on a date with chloroform, an old sofa, and a windowless van, it's not a date. So, the fact that ObamaCare, welfare state, military industrial complex, public schools - you name it. The fact that it has to be imposed at gunpoint is a clue that it's shit. Recognize that when there is a gun to your face, there is not a very advantageous human being on the other end.

If you have free trade and free circulation of capital and people but destroy the social state and all forms of progressive taxation, the temptations of defensive nationalism and identity politics will very likely grow stronger than ever in both Europe and the United States. Note, finally, that the less developed countries will be among the primary beneficiaries of a more just and transparent international tax system.

I don't do charity, I pay taxes instead.

I mean, if you accept the framework that says totalitarian command economies have the right to make these decisions, and if the wage levels and working conditions are fixed facts, then we have to make choices within those assumptions. Then you can make an argument that poor people here ought to lose their jobs to even poorer people somewhere else... because that increases the economic pie, and it's the usual story. Why make those assumptions? There are other ways of dealing with the problem. Take, for example rich people here. Take those like me who are in the top few percent of the income ladder. We could cut back our luxurious lifestyles, pay proper taxes, there are all sorts of things. I'm not even talking about Bill Gates, but people who are reasonably privileged. Instead of imposing the burden on poor people here and saying "well, you poor people have to give up your jobs because even poorer people need them over there," we could say "okay, we rich people will give up some small part of our ludicrous luxury and use it to raise living standards and working conditions elsewhere, and to let them have enough capital to develop their own economy, their own means." Then the issue will not arise. But it's much more convenient to say that poor people here ought to pay the burden under the framework of command economies—totalitarianism. But, if you think it through, it makes sense and almost every social issue you think about—real ones, live ones, ones right on the table—has these properties. We don't have to accept and shouldn't accept the framework of domination of thought and attitude that only allows certain choices to be made... and those choices almost invariably come down to how to put the burden on the poor. That's class warfare. Even by real nice people like us who think it's good to help poor workers, but within a framework of class warfare that maintains privilege and transfers the burden to the poor. It's a matter of raising consciousness among very decent people.

If you receive a ‘certified’ message in a bottle with an audit notice, be sure to have the most complete records and do not forget those receipts before the IRS boards your vessel for inspection.

In Venezuela Chavez has made the co-ops a top political priority, giving them first refusal on government contracts and offering them economic incentives to trade with one another. By 2006, there were roughly 100,000 co-operatives in the country, employing more than 700,000 workers. Many are pieces of state infrastructure – toll booths, highway maintenance, health clinics – handed over to the communities to run. It’s a reverse of the logic of government outsourcing – rather than auctioning off pieces of the state to large corporations and losing democratic control, the people who use the resources are given the power to manage them, creating, at least in theory, both jobs and more responsive public services. Chavez’s many critics have derided these initiatives as handouts and unfair subsidies, of course. Yet in an era when Halliburton treats the U.S. government as its personal ATM for six years, withdraws upward of $20 billion in Iraq contracts alone, refuses to hire local workers either on the Gulf coast or in Iraq, then expresses its gratitude to U.S. taxpayers by moving its corporate headquarters to Dubai (with all the attendant tax and legal benefits), Chavez’s direct subsidies to regular people look significantly less radical.

Indeed, it may most verily be said That only death and taxes certain are.

In the country, especially, there are such a lot of entertaining things. I can walk over everybody's land, and look at everybody's view, and dabble in everybody's brook; and enjoy it just as much as though I owned the land--and with no taxes to pay!

It's the knowledge I spit that's detrimental to those powerful. Mental elemental procedures to the mass of ignorance. It's an on-going, never-ending symbol of punishment for the suffering is due to its lack of acknowledgement. Masquerades, gimmicks, and monopoly games; giving your heart to this money instead of Almighty, so it's suffering and burning of flames, a burning of shame. Playing the game can never leave you the same so who is to blame? Complete conspiracy, committed theft of inherited immunity, live a life of misery and taxing our energy. A straw afloat on water of deceptive ingenuity. A false replica of me, an enemy with my name but non-resistant so I agree with my adversary.

I refuse to believe that the only reason we are here is to pay taxes and die.

It's funny how so many think a redistribution of wealth is fine when it benefits the rich and creeping communism when it benefits the working class.

My brothers and sisters of America, there is not the least shadow of hope that India can ever be Christianised. After two hundred years of vain efforts and of spending millions of dollars with the prestige of the conqueror and backed by British bayonets, Christianity is not supported by the converts themselves. Every bit of Protestant Christianity in India is maintained partly by the money flowing from England and America, and partly by taxes imposed upon the Hindus against their will, which must be paid although the people starve. The people of India as a whole are saturated with religious and philosophical thought. They think and ponder on spiritual matters from childhood to death. Even the street-sweeper is frequently more profoundly versed in subtle metaphysics and divine wisdom than the missionary sent to convert him.

Mr. Edwards admired the well-built, pleasant house and heartily enjoyed the good dinner. But he said he was going on West with the train when it pulled out. Pa could not persuade him to stay longer. "I'm aiming to go far West in the spring," he said. "This here, country, it's too settled up for me. The politicians are a-swarming in already, and ma'am if'n there's any worse pest than grasshoppers it surely is politicians. Why, they'll tax the lining out'n a man's pockets to keep up these here county-seat towns..." "Feller come along and taxed me last summer. Told me I got to put in every last thing I had. So I put in Tom and Jerry, my horses, at fifty dollars apiece, and my oxen yoke, Buck and Bright, I put in at fifty, and my cow at thirty five. 'Is that all you got?' he says. Well I told him I'd put in five children I reckoned was worth a dollar apiece. 'Is that all?' he says. 'How about your wife?' he says. 'By Mighty!' I says to him. 'She says I don't own her and I don't aim to pay no taxes on her,' I says. And I didn't.

My Future Self My future self and I become closer and closer as time goes by. I must admit that I neglected and ignored her until she punched me in the gut, grabbed me by the hair and turned my butt around to introduce herself. Well, at least that’s what it felt like every time I left the convalescent hospital after doing skills training for a certification I needed to help me start my residential care business. I was going to be providing specialized, 24/7 residential care and supervising direct care staff for non-verbal, non-ambulatory adult men in diapers! I ran to the Red Cross and took the certified nurse assistant class so I would at least know something about the job I would soon be hiring people to do and to make sure my clients received the best care. The training facility was a Medicaid hospital. I would drive home in tears after seeing what happens when people are not able to afford long-term medical care and the government has to provide that care. But it was seeing all the “young” patients that brought me to tears. And I had thought that only the elderly lived like this in convalescent hospitals…. I am fortunate to have good health but this experience showed me that there is the unexpected. So I drove home each day in tears, promising God out loud, over and over again, that I would take care of my health and take care of my finances. That is how I met my future self. She was like, don’t let this be us girlfriend and stop crying! But, according to studies, we humans have a hard time empathizing with our future selves. Could you even imagine your 30 or 40 year old self when you were in elementary or even high school? It’s like picturing a stranger. This difficulty explains why some people tend to favor short-term or immediate gratification over long-term planning and savings. Take time to picture the life you want to live in 5 years, 10 years, and 40 years, and create an emotional connection to your future self. Visualize the things you enjoy doing now, and think of retirement saving and planning as a way to continue doing those things and even more. However, research shows that people who interacted with their future selves were more willing to improve savings. Just hit me over the head, why don’t you! I do understand that some people can’t even pay attention or aren’t even interested in putting money away for their financial future because they have so much going on and so little to work with that they feel like they can’t even listen to or have a conversation about money. But there are things you’re doing that are not helping your financial position and could be trouble. You could be moving in the wrong direction. The goal is to get out of debt, increase your collateral capacity, use your own money in the most efficient manner and make financial decisions that will move you forward instead of backwards. Also make sure you are getting answers specific to your financial situation instead of blindly guessing! Contact us. We will be happy to help!

My feeling is this whole country is founded on the principle of 'if you are not hurting anyone, and you're not fucking with someone else's shit, and you are paying your taxes, you should be able to just do what you want to do.' It's the freedom and the independence.