Tax System Quotes

The purpose for a tax system is to collect needed revenue at the least cost to the people. ~ Edward C. Prescott

The nation should have a tax system that looks like someone designed it on purpose. ~ William E. Simon

And above all, above all, honest work must be rewarded by a fair and just tax system. The tax system today does not reward hard work: it penalizes it. Inherited or invested wealth frequently multiplies itself while paying no taxes at all. But wages on the assembly line or in farming the land, these hard-earned dollars are taxed to the very last penny. ~ George McGovern

Just what do we tax under our current system? Work, that's what. Hard work and productivity. The harder you work, the more you achieve. The more you achieve, the more you're taxed. To make matters worse, under our "progressive" income tax system, the harder you work, the more severe the punishment actually is! ~ Neal Boortz

As a citizen, you have an obligation to the countrys tax system, but you also have an obligation to yourself to know your rights under the law and possible tax deductions
and to claim every one of them. ~ Donald Alexander

We need to stop kicking the can down the road and rethink our entire tax system toward long-term, comprehensive tax reform. ~ Brad Schneider

I think you need to have a tax system that basically is flat, fair and simple. And - that you can put on a post card. I mean, even Timothy Geithner could do this one and get it on time. ~ Rick Perry

The latest Congressional Budget Office figures show that the top 1 percent of income earners in the United States paid 39 percent of federal income taxes while earning 18 percent of pretax income and the top 5 percent of income earners paid 61 percent of federal income taxes while earning 31 percent of pretax income. Indeed, the top 40 percent of income earners paid 99.4 percent of federal income taxes. The bottom 40 percent of income earners paid no federal income tax and received 3.8 percent from the tax system. And the middle 20 percent of income earners pay only 4.4 percent of federal income taxes.3 ~ Mark R. Levin

Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking ... The present tax load ... distorts economic judgments and channels an undue amount of energy into efforts to avoidtaxliabilities. ~ John F. Kennedy

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

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

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. ~ Thomas Piketty

The United States could transform its property tax system into a progressive tax on net worth without asking permission to the rest of the world. ~ Thomas Piketty

I have to hand it to the patriarchy. It has been a brilliant and comprehensive strategy to keep women under control, to create so many hurdles and levels of difficulty - both overt and covert, both in the workplace and in the home, both through the tax system and the lack of services - that women must expend much of their energy just overcoming them and have little left over for battling promotion and higher wages. Exhaustion is a feminist issue. ~ Jane Caro

Everyone wants a more simple tax system. But if this means that certain tax breaks have to be cut, people are no longer so enthusiastic. ~ Angela Merkel

When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer. ~ Nick Hanauer

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

TOP TAX SYSTEM is the only solution to check economic recession, inflation, unemployment, corruption, tax evasion, black money, fake currency and poverty, extortions, ransoms and robberies. Read full article on TOP TAX SYSTEM on the website - http://singletax.org ~ VIJAYA KRUSHNA VARMA

Who can dispute that the governments of the United States constitute the most voracious tax system in the history of mankind? In the year 2000, those governments succeeded in laying hands on more than $3 trillion - almost $11,000 each for the 275 million men, women, and children resident in the country. No other nation-state rakes in an amount even close to the U.S. total. ~ Robert Higgs

Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a fair tax, a consumption tax, that by all measurements is just that. It's fair. ~ Gary Johnson

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

[High income tax rates] not only check consumption but discourage investment and encourage ... the avoidance of taxes [rather] than the production of goods.[ ... ]Our present tax system ... reduces the financial incentives for personal effort, investment, and risk-taking. ~ John F. Kennedy

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

The United States has a system of taxation by confession ~ Hugo Black

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. ~ Ben Carson

We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary. ~ Adam Davidson

I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all. ~ Ari Fleischer

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

Virginia 's tax system needs to be fixed. The time to act is now. Do not send me any more studies. Do not send me another piecemeal approach that confuses tinkering with real reform. ~ Mark Warner

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

There's such a wide variation in tax systems around the world, it's difficult to imagine a harmonized CO2 tax that every country agrees to. That's not in the cards in the near term. But the countries that are doing the best job, like Sweden, are already doing both of these. I think that eventually we'll use both of them but we need to get started right away and the cap-and-trade is a proven and effective tool. ~ Al Gore

We have to develop the whole system of early stage investors and a tax system around it. For every Google that has come on the scene, there are hundred entrepreneurs who never did. ~ Jamshyd Godrej

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. ~ Benjamin Carson

The tax system is stacked against the average taxpayer. ~ Edward Kennedy

Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates. ~ Ludwig Von Mises

A majority of Americans support Social Security and Medicare, a progressive tax system and a government that regulates business in the public interest, but most share deep skepticism about the government's ability to do all this well. ~ Adam Davidson

America's grossly unfair tax system won't lead to class war. Or, if it does, the war will be brief. ~ P. J. O'Rourke

[T]he last major effort to simplify the income tax system was passed in 1986; succeeding Congresses have amended it sixteen thousand times in the last twenty years. ~ Neal Boortz

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

I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less. ~ Jeffrey R. Immelt

A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work. ~ Eric Maskin

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

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

Our Income Tax System is a disgrace to the human race. ~ Jimmy Carter

We faced a crisis caused by the Federal Reserve, the corporate tax system, Fannie Mae and Freddie Mac, and the Community Reinvestment Act. But the response of many people in Washington was to blame it on capitalism. ~ David Boaz

If Americans actually understood the structure of our taxes, they would not only become angry, they might also find our economic and political systems intolerable because they are the cause of our unjust tax codes ... We could revolutionize the financial conditions of every American city and town - solve all or most of its tax revenue problems - if the property tax system were simply extended from tangible property to also include intangible property. If you want some quick solutions to our nation's fiscal problems, that would be one. Even on the simple basis of fairness, how can we justify having a property tax system that exempts the intangible property owned mostly by the richest amongst us? What a prime example of the Occupy movement's central point about the economic injustice perpetrated by the 1 percent against the 99 percent. ~ Richard D. Wolff

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

I can't micromanage what anybody pays or doesn't pay. But the concept that half of the public isn't involved with the income-tax system is somewhat odd and I'm not saying how much people should do, but we should all be part of the system. ~ Stephen A. Schwarzman

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

There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds. ~ Peter Drucker

She'd found she couldn't bring herself to kill any of her bees, which was the system all the northern demesnes used, and so had to get them through the winter somehow. She'd been cold that winter herself, after wrapping up her most exposed hives in all the blankets she had. ~ Robin McKinley

On the New York Stock Exchange, all buy and sell orders are routed through a single 'specialist,' guaranteeing that most small trades can be matched directly. But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient. ~ Alex Berenson

As an editor, you develop a B.S. meter - an internal warning system that signals caution about journalism that doesn't feel trustworthy. Sometimes it's a quote or incident that's too perfect - a feeling I always had when reading stories by Stephen Glass in the New Republic. Sometimes it's too many errors of fact, the overuse of anonymous sources, or signs that a reporter hasn't dealt fairly with people or evidence. And sometimes it's a combination of flaws that produces a ring of falsity, the whiff of a bad egg. There's no journalist who sets off my bullshit alarm like Ron Suskind. ~ Jacob Weisberg

In my mind, he was guilty of no error - he was chargeable with no exaggeration - he was betrayed by his fancy into no metaphor, who once said that all we see about us, Kings, Lords, and Commons, the whole machinery of the State, all the apparatus of the system, and its varied workings, end in simply bringing twelve good men into a box. ~ Henry Brougham, 1st Baron Brougham And Vaux

After the probe does its thing, the Jarada make contact: they want to talk to the Captain, and are offended that they can't immediately speak to the person in charge, which would explain why the Jarada destroyed every planet in the Dell Technical Support system. ~ Wil Wheaton

What I want to do is make certain that no one's taxes go up. Let's look at cleaning up the tax code. ~ Marsha Blackburn

I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic. ~ Eliot Spitzer

In addition to its use in arithmetic and science, the Hindu-Arabic number system is the only genuinely universal language on Earth, apart perhaps for the Windows operating system, which has achieved the near universal adoption of a conceptually and technologically poor product by the sheer force of market dominance. ~ Keith Devlin

An artist is not an isolated system. In order to survive he has to interact continuously with the world around him ... Theoretically there are no limits to his involvement. ~ Hans Haacke

We have so many people retiring that we do not have enough people paying into the system to be able to provide the benefits for those collecting those benefits. ~ Chris Chocola

Artificial intelligence is no match
for natural stupidity - Anonymous ~ Iain Clements

We like to say that India has the advantage of being a large market. We have provinces, we have the rule of law, we have a system of justice. But those are also weaknesses when compared with China. On the other hand, one of our strengths is that we are very individualistic, and as individuals we are very creative. But that, too, is a weakness, because it keeps us from working well together. Everyone thinks only about his own profit. ~ Ratan Tata

It's impossible to walk a block in Miami, in Los Angeles, San Antonio without running into someone who is being deeply impacted by a broken legal immigration system. ~ Marco Rubio

Some people think that the people they lead are too stupid to be told the truth, and thus they must be lied to, in order for a greater good to be accomplished. Some people believe in the system that has been set up, where the strongest among us is going to lead us in a fight, otherwise everyone is the same. That's the doctrine of pirates. ~ Zach McGowan

Sadly, this is the same old Republican story of Robin Hood in reverse - tax cuts for the rich while programs for average and low income Americans suffer. ~ Jose Serrano

The present government is very insistent that business sponsorship should replace government sponsorship of the arts. Business sponsorship won't happen unless you make tax concessions, which they won't. ~ Peter Maxwell Davies

And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy. ~ Martin Luther King, Jr.

Organizational culture is just like the "Operation System" of the organization, you need reboot periodically to keep it running smoothly. ~ Pearl Zhu

Science is a system of statements based on direct experience, and controlled by experimental verification. Verification in science is not, however, of single statements but of the entire system or a sub-system of such statements. ~ Rudolf Carnap

Anyone who has breast-fed knows two things for sure: The baby wants to be fed at the most inopportune times, in the most inopportune places, and the baby will prevail ... And so the baby should, and the mom, too. Sometimes a breast is a sexual object, and sometimes it's a food delivery system, and one need not preclude nor color the other. ~ Anna Quindlen

One of the points in which I was especially interested was the Jim Crow regulations, that is, the system of separation of the races in street cars and railroad trains. ~ Ray Stannard Baker

We prefer: large purchases (at least $5 million of after-tax earnings), demonstrated consistent earning power (future projections are of little interest to us, nor are "turn-around" situations), businesses earning good returns on equity while employing little or no debt, management in place (we can't supply it), simple businesses (if there's lots of technology, we won't understand it), an offering price (we don't want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown). ~ Warren Buffett

I've got a great staff and great support system, and I'm going to stick my neck out and do what I always do. ~ Pat Summitt

Whenever I close my eyes, I see her. Scarlet. I see her smiling. I see her crying. I hear her laughter flowing through me, sending chills down my spine. The sound of her moaning creeps through my bloodstream, the face she makes in the throes of passion the pulse that spurs it on. Whatever this is I'm feeling, I want it to stop. I want it to go away. I want to stop fucking seeing her every time I blink. I want to stop fucking thinking about her every time I pause to take a deep breath. She's like an infection that's settling into my chest. I would rip out my own organs if I thought it might purge her from my system. ~ J.M. Darhower

Never confuse belief with knowledge. ~ Abhijit Naskar

That the will of the people can be established by voting for democrats is, of course, a delusion. Yet when considering a non-threatening system for deciding between diverse interests, then voting, of course, can be regarded as a humane and civilized process. ~ Robert Musil

It seems obvious that the universe is a system which, by means of living bodies, becomes aware of itself - up to a point. ~ Alan W. Watts

A critical step was made sometime before the ninth century AD, when a new partial script was invented, one that could store and process mathematical data with unprecedented efficiency. This partial script was composed of ten signs, representing the numbers from 0 to 9. Confusingly, these signs are known as Arabic numerals even though they were first invented by the Hindus (even more confusingly, modern Arabs use a set of digits that look quite different from Western ones). But the Arabs get the credit because when they invaded India they encountered the system, understood its usefulness, refined it, and spread it through the Middle East and then to Europe. ~ Yuval Noah Harari

To a greater or lesser extent, every novel is a dialogized system made up of the images of "languages," styles and consciousnesses that are concrete and inseparable from language. Language in the novel not only represents, but itself serves as the object of representation. ~ Mikhail Bakhtin

Code wants to be simple ... I had to give up the idea that I had the perfect vision of the system to which the system had to conform. Instead, I had to accept that I was only the vehicle for the system expressing its own desire for simplicity. My vision could shape initial direction, and my attention to the desires of the code could affect how quickly and how well the system found its desired shape, but the system is riding me much more than I am riding the system. ~ Kent Beck