Medicare in particular, will run out of money, and we will not be able to sustain that program.
We all either work for rich people or we sell stuff to rich people, so just punishing rich people is as bad for the economy as punishing anyone. Let's not punish anyone.
For states' rights advocates, the Constitution is like a contract that is openly violated by one party with impunity. On paper, the states remain sovereign powers, while in reality the federal government appears able to dictate everything from the ingredients of school lunches to speed limits. Congress now routinely collects taxes in order to return the money to the states with conditions on their conforming to federal demands.
If I want to build wealth to transfer to the next generation, I can let it grow on a tax-free basis.
If at first you don't succeed, take the tax loss.
Tax deductible, That's what you are: Tax deductible. Just like my car, like a gift to local charity, you give my 1040 clarity
I'm not so sure liberal democracy as we know it has reached its terminus. It's clear though, that many have genuinely lost confidence in the Australian political class. One reason is that we like to place enormous burdens of expectations on modern political leaders. To be sure such expectations aren't always honest. Just as we want better public services but object to paying the higher taxes that would make them possible, we often want leadership but only if there aren't hard choices with real consequences.
When I look at the Republicans, I am tempted to dismiss them as the Treason Party. Seriously, were a band of traitors to concoct a series of positions deliberately designed to weaken America, they would be hard pressed to beat the current GOP dogma - hobble education, starve the government by slashing taxes to the rich, kneecap attempts to jumpstart the economy by fixating on debt, invite corporations to dominate political discourse, balkanize the population by demonizing minorities and immigrants and let favored religions dictate social policy.
When a man tells you that he got rich through hard work, ask him whose. There's no evidence that more people with more skills would produce more jobs. There's a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases a corporation more than having five people compete for the same job. Competitiveness means good times for machines, not workers, because our tax systems privilege machines over workers.A lost job can put a smile on any shareholder's face.
The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. The estimated dividend income received by the Thomson family in 1995 from its 72% ownership share of the Thomson Corporation and its 22% ownership share of the Hudson's Bay Company was $310 million.
If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes.
The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of our situation. But can you imagine a media commentator making the following assertion? "The debt problem has become so extreme that we have no choice but to raise taxes on the rich."
You are smart people. You know that the tax cuts have not fueled record revenues. You know what it takes to establish causality. You know that the first order effect of cutting taxes is to lower tax revenues. We all agree that the ultimate reduction in tax revenues can be less than this first order effect, because lower tax rates encourage greater economic activity and thus expand the tax base. No thoughtful person believes that this possible offset more than compensated for the first effect for these tax cuts. Not a single one.
When we think of design, we usually imagine things that are chosen because they are designed. Vases or comic books or architecture... It turns out, though, that most of what we make or design is actually aimed at a public that is there for something else. The design is important, but the design is not the point. Call it "public design"... Public design is for individuals who have to fill out our tax form, interact with our website or check into our hotel room despite the way it's designed, not because of it.
The IRS'll never sweat me or even put up a fight... Cause I'm sure I've paid more in taxes than you've made in yo' life!
I know the game, it's old and lame: You're holdin' a flame for my name and my fame. Livin' like Givens schemin' on Tyson, But she got lucky 'cause he was a nice one. But I ain't nice and I don't play that, If it ain't tax, I don't pay that.
It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough jobs or enough profits.
If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase if that were necessary.
Unless you reduce the long-term spending burden, you cannot cut taxes in any lasting way, but can only shift the burden of taxes from the present to the future.
The reality is (Clinton's) so-called tax cut is basically giving money to people who largely don't pay taxes, so that it's really spending rather than a tax cut, ... This Week.
The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.
The people who are having the hard time right now are middle-income Americans. Under the president's policies, middle-income Americans have been buried. They're just being crushed. Middle-income Americans have seen their income come down by $4,300. This is a tax in and of itself. I'll call it the economy tax. It's been crushing.
I want to make it very clear that this middle-class tax cut, in my view, is central to any attempt we're going to make to have a short-term economic strategy and a long-term fairness strategy, which is part of getting this country going again.
I shall easily show that it is impossible to tax further, ruinous to be always borrowing and not enough to confine ourselves to measures of economy.
All [zoos] actually offer to the public in return for the taxes spent upon them is a form of idle and witless amusement, compared to which a visit to a penitentiary, or even to a State legislature in session, is informing, stimulating and ennobling.
Follow AzQuotes on Facebook, Twitter and Google+. Every day we present the best quotes! Improve yourself, find your inspiration, share with friends
or simply: