Best 408 quotes in «taxes quotes» category

We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

We have no plans to increase tax at all.

We have undocumented immigrants in America who are paying more federal income tax than a billionaire. I find that just astonishing.

Well, I'm not saying that an emissions tax is ever going to be good policy.

We must obviously be much more clever in using resources, regulate with tax and promote innovations.

We need to have a tax system that rewards work and not just financial transactions.

We're going to bring a lot of money in on trade. We're going to bring a lot of money on reciprocal. You know, as an example, when you have countries with a big tax and we get nothing for the same product and we're paying - our companies are paying 100 percent tax in some countries and if they send their product to us we pay nothing. Doesn't make sense.

What I want to do is create more taxpayers, not more taxes.

We rule out raising taxes this year.

We should tax things we don't like. We should tax pollution ... And we should lighten the taxes on things we do like, like honest labor, like food.

We want taxpayers, not tax wasters.

When President George W. Bush cut taxes, he cut them for everyone.

What we lack is a good, strong business climate with lower taxes, fairer regulation.

When I do something stupid with money and lose it....I call that Stupid Tax. I have paid so much Stupid Tax that I am expert.

When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it - after the 16th Amendment is repealed.

When [Republicans] say they can reduce taxes and trim deficits at the same time, they are either deluded or deceptive, and they are playing voters for fools.

When it comes to understanding others, we rarely tax our imaginations.

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

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

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

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

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.

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?

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

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

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 an economy growing by raising taxes.

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

You dont raise taxes in times of such uncertainty.

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

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.

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

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

A nation with minimum laws will have maximum laughter.

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.

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

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.

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.

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.

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.

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.

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

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.

Even taxpayers have rights!

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.

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.

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.