Top 60 Taxation Quotes

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and ’20s.

The Joint Committee on Taxation estimated that in 2016, the corporate income tax raised $300 billion in revenue, while what it called ‘targeted subsidies’ cost about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant loss in revenue.

Personally I ride a bicycle, travel by train and bus and campaign tirelessly for a car taxation system that will hammer ignorant, selfish, petty, fat, spoilt, stupid car abusers into giving up their addiction and walking.

There are lots of India-related business which is nourished overseas. I mean India-related business that is done off-shore. There are lot of funds that are invested in India and run by Indians but are being operated from outside, mainly because of the taxation laws.

It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that.

When you take a look at how the IRS treats foreign currency, bitcoin doesn’t have the same taxation regime. Foreign currency gains and losses generally are taxed as ordinary income.

European pantywaists might keep voting for high-spending governments, but the U.S. was founded on a popular revolt against taxation.

Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success.

The American Revolution was sparked by a series of taxes and tariffs on tea. More recently, the Thatcher and Reagan ‘revolutions’ were rooted in overturning the status quo – excessive taxation – to empower the individual and encourage a free society and prosperous economy.

What I argue for is a progressive tax, a global tax, based on the taxation of private property.

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking – a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.

Taxation: how the sheep are shorn.

Less regulation plus less taxation plus less litigation always equals more innovation and job creation.

Government should concentrate on building up infrastructure and skill development. Simplification of taxation is another important area.

Taxation is just a sophisticated way of demanding money with menaces.

Socialism means government dependency, rationed resources, and exorbitant taxation. It means the destruction of every incentive to achieve.

In the laws of the land, she has no rights; in government she has no voice. And in spite of another principle recognized in this Republic, namely, that ‘taxation without representation is tyranny,’ she is taxed without being represented.

Government spending is taxation. When you look at this, I’ve never heard of a poor person spending himself into prosperity; let alone I’ve never heard of a poor person taxing himself into prosperity.

We’ll set our approach to borrowing, to spending, to taxation, in a sensible way on a sensible timescale.

Thanks to aid, a distressing number of African leaders care little about what their citizens want or need – after all it’s the reverse of the Boston tea-party – no representation without taxation.

Taxation is probably one of the biggest problems this state is facing, especially in Cook County. I think Cook County is one of the counties a lot of people don’t want to live in anymore.

A global tax body would give all countries – not just the rich and powerful – an equal say in how the global rules on taxation are designed.

Democratic nation states remain far more capable of managing the circuit of coercion, taxation and legitimation than any transnational bodies.

Taxing companies, particularly successful multinational companies, is one of the most progressive forms of taxation.

When a new source of taxation is found it never means, in practice, that the old source is abandoned. It merely means that the politicians have two ways of milking the taxpayer where they had one before.

My parents both defected from communist Hungary and were what most people would today call libertarian. I grew up with a general distaste for taxation and any policy that intruded on our lives.

But we need to quit taxing people upon death. No taxation without respiration.

I don’t know what to do or where to turn in this taxation matter. Somewhere there must be a book that tells all about it, where I could go to straighten it out in my mind. But I don’t know where the book is, and maybe I couldn’t read it if I found it.

To allow the policy question of same-sex marriage to be considered and resolved by a select, patrician, highly unrepresentative panel of nine is to violate a principle even more fundamental than no taxation without representation: no social transformation without representation.

Our forefathers made one mistake. What they should have fought for was representation without taxation.

Every diminution of the public burdens arising from taxation gives to individual enterprise increased power and furnishes to all the members of our happy confederacy new motives for patriotic affection and support.

I think coercive taxation is theft, and government has a moral duty to keep it to a minimum.

My view is that taxation ought to be based upon ability to pay.

The tendency of taxation is to create a class of persons who do not labor, to take from those who do labor the produce of that labor, and to give it to those who do not labor.

As a general rule, governments are wise to avoid taxation that is voluntary, as they need a steady stream of income.

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.

Taxation without representation is tyranny.

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

Government can wreck a business by confiscating its money by taxation.

I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It’s a form of taxation without representation. I don’t think we can do that.

Ireland never lacked the capacity to feed its people. During the entire ‘great famine,’ the island continued to produce massive amounts of beef and grain. The Irish just couldn’t afford to buy any of it due to the enforcement of rack-renting, high taxation, and suppression of manufactures.

Money is time made tangible – the time invested in the earning of it. Taxation is the confiscation of the earner’s time. Although some taxation is necessary, all taxation diminishes freedom.

I’m willing to fight for Social Security, Medicare, student loans, U.S. jobs, equal pay, progressive taxation and full employment.

If it is the duty of the State to educate, it is the duty of the State also to bear the burden of education, namely, the taxation out of which education is provided.

You talk to any of the job creators, and they’ll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

Developing countries can make great strides towards more progressive and effective taxation and spending through action within their own borders. But the damage caused by exemptions, loopholes, and tax havens requires action beyond national borders – it requires international action and cooperation.

It is the small owner who offers the only really profitable and reliable material for taxation. He is made for taxation.

Progressive taxation can offset the effect of growing inequality.

Cyprus had developed its financial center over three decades ago by having double taxation treaties with a number of countries: the Soviet Union, for example. That means if profits are booked and earned and taxed in Cyprus, they are not taxed again in the other country.

I therefore declare, that if you wish any remission of the taxation which falls upon the homes of the people of England and Wales, you can only find it by reducing the great military establishments, and diminishing the money paid to fighting men in time of peace.

If Thomas Jefferson thought taxation without representation was bad, he should see how it is with representation.