Then there was communism's weak-tea sister, socialism. Socialists maintained that we shouldn't take all the money away from all the people since all the people don't have money. We should take all the money away from only the people who make money. Then, when we run out of that, we could take more money from the people who...hey, wait! Where'd you people go? What do you mean you're "tax exiles in Monaco?"
In theory, taxes should be like shopping. What I buy is government services. What I pay are my taxes.
The problem isn't a Congress that won't cut spending or a president who won't raise taxes. The problem is an American public with a bottomless sense of entitlement to federal money.
Something that comes to us, some gym shoe that comes to us as a result of child labor from a brutal dictatorship, where people do not have basic freedoms, it wouldn't bug me to tax the living Dickens out of that thing or even to forbid its importation whatsoever. But that's a moral question, not an economic question.
Remember that all tax revenue is the result of holding a gun to somebody's head. Not paying taxes is against the law. If you don't pay your taxes, you'll be fined. If you don't pay the fine, you'll be jailed. If you try to escape from jail, you'll be shot. ... Therefore, every time the government spends money on anything, you have to ask yourself, 'Would I kill my kindly, gray-haired mother for this?'
A charity ball is like a dance except it's tax deductible.
The U.S. tax code was written by A students. Every April 15 we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail.
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