The real problem with the IRS is that they let General Electric not pay any taxes -- and 50 other corporations -- that's the real scandal
Someone is going to have to explain to me at some time how raising taxes on job-creators is going to create more jobs.
When we leave money in the hands of taxpayers, they buy things, they pay taxes, they grow government.
Whatever you tax you get less of.
I've never got into debt and I've always been in control of my taxes and VAT, but having four children costs a lot. They are my weakness.
That’s the last time I let Wesley Snipes help me out with my taxes!
We didn't think taxes ought to go up. They ought to go down. We didn't think the census ought to be weakened.
So, what people are actually left with to spend is maybe 25 to 30% of their income on goods and services, after paying taxes and after paying the FIRE sector (Finance, Insurance, Real Estate). Whether it's housing insurance or mortgage insurance. So there's an idea of distracting people. Don't think of your condition. Think of how the overall economy is doing. But don't think of the economy as an overall unit. Think of the stock market as the economy. Think of the rich people as the economy. Look at the yachts that are made. Somebody's living a lot better. Couldn't it be you?
Here`s the problem with the tax code. You send your money to Washington and then a few have a special carve out for your business, for your industry, if you do something Washington approves of, then they`ll let you keep some of your money back.
Politics is very much like taxes - everybody is against them, or everybody is for them as long as they don't apply to him
Our aim is to make tax collecting a declining industry.
Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.
Every dollar I can't commit to my company that's paid in taxes is paying a government that I believe is too big and doing way too much that I don't want done.
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.
A lot of really smart, wealthy people know that [slashing taxes on the wealthy hasn't worked. ]
When I was writing 'Kitchen Confidential,' I was in my 40s, I had never paid rent on time, I was 10 years behind on my taxes, I had never owned my own furniture or a car.
Eliminating business taxes makes US best at manufacturing.
Taxes are the flip side of expenditures. The same issues apply on both sides. There are questions of fairness and justice as much in the way you take money away as in the way you disburse it.
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
You don't get an economy growing by raising taxes.