And, frankly, what happens out of Washington is, it creates a wind in my face, uncertainty over Obamacare, uncertainty over their tax policy, uncertainty over the regulatory policy.
I am such a strong admirer and supporter of George W. Bush that if he suggested eliminating the income tax or doubling it, I would vote yes on first blush.
I can think of a number of things more interesting to read about than tax law, but few things affect our lives more.
It’s fundamentally unfair to have so much of the tax relief go to so few. And it is a 10-year tax plan rather than one, as mine, focused on the next two years, which in my opinion is the critical time to jumpstart the economy.
The 55% of American households that make less than $40,000 will get a tax break of only $7 while the households that make more than $1 million will receive an average tax break of $32,000.
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.
To focus capital and entrepreneurship into empowering innovation, we should change is the capital gains tax rate. We would be better served by a regressive tax rate, that would become progressively smaller the longer the investment is held.
As president, I would promote a Fair and Flat Tax plan, known as the ‘EZ Tax.’ My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.
A flat-rate poll tax would be politically unsustainable; even with a rebate scheme, the package would have an unacceptable impact on certain types of household.
We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.
President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more than $250,000 a year. Increasing rates on top earners is an obvious way to raise revenue from those who can afford it most.
And you can’t have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can’t be done.
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
I’m like tax. You’re going to pay one way or the other.
While President Bush’s tax give-aways for the rich are pushing us further into debt, he compensates by increasing the out-of-pocket costs to our veterans.
Here’s the problem if you keep raising tax rates: You slow down economic growth.
And it would be fair. Everyone will pay the same tax and it will eliminate tax cheaters and corporate shenanigans.
Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen’s compensation, health care benefits, welfare, you name it.
A lot of girls annoy me who go to university – one girl told me she was going to Oxford because it was something to do between leaving school and getting married. And I’ve got to pay for that being an income tax payer.
We don’t need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Obama’s new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
I would support eliminating certain tax breaks that are not economically justifiable if they are offset with reductions in tax rates.
The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we’re prepared to make a commitment today to bring down our future deficits.
All religious believers should be licensed to make sure that they are competent to hold opinions and viewpoints and that they don’t believe in just any old thing, such as creationism or a flat tax.
Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts.
Even with multiple instruction books, maneuvering the maze of the tax code is costly and time-consuming.
We’re going to look awfully stupid if we give income tax relief to people who do not pay income taxes.
I was never charged with tax evasion. I’ve never been a tax protester.
I am very concerned about anything that says ‘revenue’ because let’s just be honest; revenue for Democrats has become code for tax increases.
How we fund transportation in this country is broken. You all pay a gasoline tax, right? Well, cars go farther, we get electric cars, and so on. And then we do more with the money than just build roads. We do bike lanes and mass transit.
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.
The death tax is unfair, inefficient, economically unsound and, frankly, immoral.
Hating the Yankees is as American as pizza pie, unwed mothers, and cheating on your income tax.
I’d like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.
As American taxpayers know too well, the tax code is incredibly complex and compliance is all to expensive.
I think we need to have competitive tax rates in order to create jobs in this country. And I think it should be fair.
My deal is have a flat, simple tax. And – Americans want – Americans I hope – aspire to be – be wealthy. I hope they aspire to have a better quality of life. And we have this class warfare that’s going on now. And I don’t agree with that. I’m interested in people getting to work.
Effective tax credits are used to create jobs and grow our economy. But tax credits that aren’t delivering for Missourians must be retooled and reformed.
We not only heard it before 20 years ago, before George Bush in 2001 passed his tax relief, before in 2003 the tax relief were past, we were told they were dead. Before we provided prescription drugs for Medicare, we were told it wasn’t going to happen.
Taxpayer-funded abortion, especially the devil’s bargain with Planned Parenthood, must cease immediately. To be clear, that means I believe Planned Parenthood should receive no tax monies of any kind.
I am not in favour of the takeover of excellent and strategically important British companies by struggling foreign firms whose actions are fuelled by tax avoidance, and who want to asset-strip the intellectual property of the British company and then dismember it.
I’m spending a year dead for tax reasons.
Nixon started auditing late-night show hosts because they were making jokes about him. Then, every single one of their staff got tax audits.
I don’t go tanning anymore because Obama put a 10 percent tax on tanning. McCain would never put a 10 percent tax on tanning. Because he’s pale and would probably want to be tan.
Whether it’s a penalty or a tax, it’s all one in the same. It’s coming out of somebody’s hard-earned money in their pocketbooks and that’s the point. So in some ways, to me, it’s a distinction without a difference.
For every day the government is shut down, it should be that we don’t have to pay income tax that day because they’re not working.
Social injustice is what puts Scotland at its greatest disadvantage, and restoring the 50p tax rate will start to fight that.
Tax avoidance and evasion by the rich undermine democracy by starving social programs and public services. They also send a message to ordinary citizens that the rules of the economic game are rigged against them.
Like a lot of business owners out there, I don’t desire to face the continual flogging from government regulators who push burdensome and confusing state tax and employment laws on the business. It creates an unnecessary risk when, as an owner, I can just take it offshore.
We do not commonly see in a tax a diminution of freedom, and yet it clearly is one.
Anything to do with any new form of tax, like consumption tax in Japan, carbon tax in Australia, these are big issues that cannot be easily decided.
I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It’s a little bit phantom money.
Nobody in this country realizes that cap-and-trade is a tax – and it’s a great big one.
I am outraged that a House member has tried through this provision to breach the traditional confidentiality of individual Americans’ tax returns. There is no reason for this measure, and this last-minute act violates all principles of judgment and common sense.
The only thing that hurts more than paying an income tax is not having to pay an income tax.
