Tax System Quotes - Page 2

• You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.

  George Osborne

  Responsibility, Ambition, Age

  Source: blog.moneysavingexpert.com

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• We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.

  Warren Buffett

  People, Needs, Care

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• If you've been frugal during your life and tried to save, you're penalised by the tax system. You pay tax on your wages, your savings and even your private pension.

  Geoff Capes

  Saving, Wages, Pay

  Source: www.telegraph.co.uk

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• There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.

  Bill Gates

  Doubt, India, Way

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• We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.

  Bernie Sanders

  Country, Children, Real

  "Senator Bernie Sanders Launches His Political Revolution for the Presidency of the United States" by Pearl Korn, www.huffingtonpost.com. May 14, 2015.

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• We've got an extraordinarily complex tax system that's full of loopholes that are exploited by special interests. I'd like to see those loopholes closed.

  Barack Obama

  Special, Taxes, Interest

  Source: www.msnbc.com

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• I very much believe in reforming the tax system.

  Barack Obama

  Believe, Taxes

  Source: www.msnbc.com

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• The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrence to private initiative which are imposed by our present tax system, and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963.

  John F. Kennedy

  Summer, Mean, Cutting

  Address to the Economic Club of New York, delivered 14 December 1962, Waldorf Astoria Hotel, New York

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• Any man of energy and initiative can get what he wants out of life. But when initiative is crippled by legislation or by a tax system which denies him the right to receive a reasonable share of his earnings, then he will no longer exert himself and the country will be deprived of the energy on which its continued greatness depends.

  Andrew Mellon

  Country, Greatness, Men

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• One of the high spots of the decade for me was offering the bill which culminated in the tax act of 1986, which brought rates down. That was the most difficult problem to solve: how to make the tax system of the United States more fair. We tried to make it simpler, but we failed on that one.

  Donald T. Regan

  Offering, United States, Bills

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• In almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system.

  Michael Parenti

  Opportunity, Government, Political

  "Democracy for the Few". Book by Michael Parenti, February 15, 2007.

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• Basically the tax reform ideas are to clean up the tax system and to eliminate the loopholes that only very few make use of, to eliminate the possibility of people making millions of dollars every year and not paying any tax at all through oil depletion allowances and things like that.

  Warren Beatty

  Years, Ideas, Oil

  Interview with R. Couri Hay, www.interviewmagazine.com. August 4, 2015.

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• I do want the tax system to be efficient and be conducive to growth, which it is not.

  Jamie Dimon

  Growth, Want, Taxes

  Source: asia.nikkei.com

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• If we are to create tomorrow's jobs, we can't remain frozen in time in yesterday's tax system.

  Bob Taft

  Jobs, Yesterday, Frozen

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• People really have to believe in their tax system. They have to believe that there is an equitable distribution of the burden, but there is also an important investment based upon the potential achievements that come from us paying our taxes.

  Richard Neal

  Believe, People, Achievement

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• I clearly believe a lot more than some of my coalition colleagues - Tories - in redistribution and using the tax system for that purpose. I also believe in the government having an active role in the economy, which is having an industrial strategy. I'm not a believer in laissez-faire.

  Vince Cable

  Believe, Government, Roles

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• The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.

  Frederick W. Smith

  United States, Today, Investment

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• This country pays a price whenever our economy fails to deliver rising living standards to our citizens - which is exactly what has been the case for years now. We pay a price when our political system cannot come together and agree on the difficult but necessary steps to rein in entitlement spending or reform our tax system.

  Chris Christie

  Country, Years, Political

  Speech at Ronald Reagan Library, Simi Valley, California, www.weeklystandard.com. September 27, 2011.

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• In america, there are two tax systems: one for the informed and one for the uninformed. Both are legal

  Learned Hand

  Two, America, Taxation

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• Reagan didn't put anything off the table, if he felt it was for the good of the American people to tweak the tax system.

  Alan K. Simpson

  People, Tables, Taxes

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• I guess it's like trying to put through the flat tax, which is probably my favorite one of all.... if we did pass it, all of a sudden, what do you have? You have the whole tax system run by a little old lady on a home computer, doing the work of all these thousands of bureaucrats and accountants. Passing that would be amazing, wouldn't it?

  Clint Eastwood

  Running, Home, Trying

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• So we want to change the tax system. We want it to be fair, and we want to see some tax relief because people do three things when they get a little extra money in their pocket: They save it or they spend it or they invest it.

  Todd Tiahrt

  Change, People, Pockets

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• Britain needs a simpler tax system which is simple to understand, where there are no loop-holes, where the very rich do not avoid tax by employing expensive accountants

  George Osborne

  Simple, Needs, Rich

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• We also need to encourage Americans to become more fiscally responsible themselves. We can do this by redesigning our tax system into an expenditure tax with a single flat rate. ... We have to substantially reduce the size and scope of the federal government, fundamentally increase the role of the states in choosing their own practices, and bring decision-making closer to the people, not to unelected administrators. These steps are crucial to getting our nation on a path of fiscal, political and constitutional responsibility.

  Edwin Feulner

  Responsibility, Government, Practice

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• We simply cannot continue to live with a [tax] system which has so many inequities. It must be changed in such a way that each of us pays a fair share of the burden. It has been said that one man's loophole is another man's livelihood. Even if this is true, it certainly is not fair, because the loophole-livelihood of those who are reaping undeserved benefits can be the economic noose of those who are paying more than they should.

  Millicent Fenwick

  Men, Benefits, Pay

  Millicent Fenwick (1982). “Speaking up”, Harpercollins

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