Tax policy is not about compassion.
We’ve outpaced Japan and Europe in creating new jobs, but there’s major competition from India and China. It’s not enough to make income tax cuts permanent.
Let me tell you, the heart of my tax proposal: I will not raise taxes on the American people. I will not raise taxes on middle-income Americans.
Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.
An income tax form is like a laundry list – either way you lose your shirt.
In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households’ estimates of their private wealth relative to their wage income.
The American people want us to stop spending. And so let’s just give them some certainty. Let’s extend the tax – the existing tax cuts. And then let’s give some more tax breaks to small businesses and large. And then maybe the American people will have some confidence.
The left is being funded primarily by the drug traffickers who provide this tax money and that’s why the guerrillas in Colombia, unlike the guerrillas anywhere else in Latin America, have been able to survive for 40 years because they have a hard, solid source of income.
Tax reform has been a congressional priority for decades. It should be a bipartisan issue. I don’t know why anyone in Congress would want their constituents to pay more.
Who’s on the case when it comes to the flat tax?
Broaden the tax base, close loopholes and flatten the tax rates – all of which would bring more revenue stability and certitude to projections as well as make filing a comparable breeze.
I mean I get loads of money, all from different sources. You give it to your accountant. They manage it. But you pay corporation tax. If you’re then taking it out and spending it on yourself, you have to pay more.
What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we’ll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate.
I like to say I’m more conservative than Goldwater. He just wanted to turn the clock back to when there was no income tax.
I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term undermines revenue.
If someone knows of a job creator anywhere in the world that’s looking for a high, complex tax environment or looking for a high regulatory environment, I would like to meet them because I have yet to meet a job creator that’s looking for that, and that’s what we have.
I come into the peace of wild things who do not tax their lives with forethought of grief… For a time I rest in the grace of the world, and am free.
In the case of the Democrats’ 2009 budget request, the statement of need could not have been articulated any clearer: We need more spending, historic new tax hikes, and greater control over the way American families live their lives.
The truth is, however rich people get, they hate paying tax. Some live abroad for a year, or years at a time just to avoid it. Bizarre really – desperate economic migrants are driven to leave their homeland because of poverty; tax exiles are driven overseas by their wealth.
I don’t like paying 50 per cent of tax.
I was the first businessman to say, ‘You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.’ I have been arguing with successive finance ministers on this.
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.
I think the first thing we should do is abolish the income tax.
The tax laws are written by men with considerable net worth, and with little understanding of what wage-earners must do to make ends meet.
In general, anyone who paid the long distance telephone tax will get the refund on their 2006 federal income tax return. This includes individuals, businesses and non-profit organizations.
We are committed to doing trade, tax reform, infrastructure. All we need is someone that wants to work with us.
I want to live a good life and pay my taxes. ‘The Killing’ was a blessing. It was two wonderful years. But I had reached a point in my life, especially with a young son, that I was no longer willing to compromise my life for the sake of a paycheque. I was no longer willing to move where the tax credits are strong.
Countries that will not tax their elite who expect us to come in and help them serve their people are just not going to get the kind of help from us that historically they may have.
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
Unfortunately, actions taken by the Senate ensured that relief from the death tax would only be temporary and that it would come back to life at the full rate again in 2011.
The Kyoto treaty has failed, and it’s failed even in Europe, which has had cap and tax since 2005.
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.
To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don’t take more from the private sector and grow government with it. And that’s exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.
Research and development needs permanent tax credits to build the technology that spurs our growth. But no government programs alone can get America’s students to study more science and math; parents must push and help their children to meet this goal.
You eventually have to figure out how to balance the books. So that’s the reason I gave up my day job to come do this was to go fight to create the space where spending matches America’s capacity to tax, and that means economic growth and a smaller, humbler federal government.
New rumors that Saddam Hussein is planning to flee to a castle in Libya with 10 billion dollars. Now President Bush doesn’t know whether to nuke him or give him a tax cut.
Number one I think we should impose a fee or a tax on the transportation of trash per mile.
President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt – including his own bipartisan National Commission on Fiscal Responsibility and Reform – and submitted no plan for entitlement reform.
The stimulus legislation, technically known as the American Recovery and Reinvestment Act of 2009, was a mixture of tax cuts for families and businesses; increased transfer payments, like unemployment insurance; and increased direct government spending, like infrastructure investment.
We have reduced sales tax on food. Now we want it eliminated.
I strongly support extending current student loan interest rates and increasing the college tuition tax credit for students and their families.
A greater tax deduction for students is not a handout. On the contrary, it helps those who are willing to meet the challenges of higher education to invest in our collective future.
What Democrats haven’t focused on are the kind of policies that would promote economic growth – such as making permanent the 2001/2003 tax cuts, opening up federal lands to more energy production, and reforming government to reduce its burden on business.
My business is the enforcement of the tax laws and the integrity of the tax code and making sure that trustees of charitable giving are true trustees.
Like or loathe Donald J. Trump, you have to give him this: He’s done more to shine a spotlight on the loopholes and fundamental unfairness of the tax code than any other American president.
I think we need a very, very serious effort, primarily through tax policy to provide incentives and encouragement for people to save and invest and expand their businesses and to create more jobs. The kind of thing we did in the early Reagan years, 30 years ago. I think that’s essential.
What I’ve seen around the world is if the regulatory desires are combined with things that affect consumer behavior – such as in Europe, they tax gasoline very heavily – you do get people to move to very fuel efficient cars; trade off bigger vs. smaller cars.
The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that’s where your revenue growth comes in, not from higher taxes.
Greece’s unprecedented fiscal effort, which was more than planned, has triggered much larger contractions of economic activity and the tax base than the original program had assumed.
If you have to change the law to get more money, that’s a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that’s misclassified, as long as you at the same time reduce rates so that it’s not a hidden tax.
