The Stamp Act was a direct tax imposed on the colonies by King George III. This act inevitably led to the American Revolution. Just as the Stamp Act did in 1765, Obamacare should act as a wake-up call. Chief Justice Roberts provides us with a similar call to action.
In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
As artists, we are blessed to be able to make money but, on the same note, are held accountable for our federal tax obligations just like everyone else.
As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes.
I’m a registered independent. I don’t really believe in political parties. Bottom line: Mitt Romney’s tax policy helps me. But I can’t stomach seeing somebody go hungry or somebody not being able to get an education because I want more. So, I’m supporting Barack Obama.
Collective European Union action could mean no hiding places for evaders, no safe haven for tax avoiders, and no treasure islands for money launderers.
The problem with wanting the tax code to be ‘simpler, fairer,’ and ‘pro-growth’ is that it’s impossible to achieve all three at the same time.
What is not fair now is that corporations pay less and less tax, which means that you and I pay more because we’re rooted somewhere, they’ve got our address, right?
We pursued the wrong policies. George Bush is not on the ballot. Bill Clinton is not on the ballot. Mitt Romney is on the ballot, and Barack Obama is on the ballot. And Mitt Romney is proposing tax reform, regulatory reform, a wise budget strategy and trade. The president has proposed tax increases.
Texas has no income tax, which is a big draw for corporate executives who do business there. But it’s hardly tax-free. The property taxes are high for a Southern state. The sales taxes are high. One study found that the bottom 20 percent of the Texas population pays 12 percent of its income in state and local taxes.
Insisting that we must tax and take and demonize those who have already achieved the American Dream. That may turn out to be a good re-election strategy for President Obama, but is a demoralizing message for America.
If you tell people, ‘that old banger of yours, we’re going to tax the hell out of it,’ they’ll rightly tell you to get lost. But if you tell people that when they next buy a car, the tax will be adjusted so that the cleanest ones will cost less and the polluting ones will cost more, most people would say ‘fair enough.’
Life may unfold chronologically for the body and for bureaucracies that keep track of such things as births, marriages, deaths, visas, tax returns, expulsions, and identity cards, but memory does not play this game in quite the same way, always manages to confound the desire for tidiness.
Back then, the excise tax was designed to be a luxury tax for people who owned telephones.
Once again, the Republicans in the Senate have rejected an increase in the minimum wage. They support tax breaks for multi-millionaires, but they oppose helping the working poor to earn a decent income.
For my constituents, owning a home is the culmination of many years of hard work and the realization of the American Dream. At no time should a local entity take those years of hard work solely to increase their tax revenue.
A one-time tax does not get figured into people’s investment decisions.
In Texas money goes further, with one of the lowest costs of living, one of the lightest tax burdens as a percent of income, and one of the lowest debt-per-capita ratios.
Here’s the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That’s not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
Every time you have a new tax, or every time you have to pay really an inordinate amount for a regulation, it’s really stifling this country and really stifling American business.
Ford’s federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.
It was under Wilson, of course, that the first huge parts of the Marxist program, such as the progressive income tax, were incorporated into the American system.
I know I’ve got to pay some tax, but I hate the fact that they collect millions of pounds a day from the congestion charge and I don’t see anything or anyone benefitting from it. Where are the new hospitals?
When liberals advocate a value-added tax, conservatives should respond: Taxing consumption has merits, so we will consider it – after the 16th Amendment is repealed.
I fail to understand how you can justify a poll tax on the entire population, yet exclude a significant proportion of that population from programmes that this tax is paying for.
The tax collector must love poor people, he’s creating so many of them.
Moviemakers are rewarded with tax write-offs if, when seeking a location that looks like America, they seek it in America.
People looking at advertisements or reading their local newspapers would have had no idea that what they were reading was bought and paid for with their tax dollars.
If we’re not going to tax the rich anymore, we’re going to create class warfare.
You don’t need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation – meaning capital gains.
It’s not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It’s because our system is set up to block tax reform.
Either we leave our descendants an endowment of zero poverty, zero fossil-fuel use, and zero biodiversity loss, or we leave them facing a tax bill from Earth that could wipe them out.
Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats’ new spending doesn’t? Will someone please ask that?
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary’s. In fact a very small percentage of people in this country pay a big chunk of the taxes.
People don’t seem to make the connection between their tax money and the benefits that they get from their tax money, like free education, and the fire department, and police protection, and everything else. It drives me bonkers, because it’s pretty straightforward to me.
I don’t know how anyone can keep a straight face and say they are for deficit reduction while they insist on a permanent tax cut for the wealthiest Americans, completely unpaid for.
I just want to be married, or just engaged. Basically, I just want a ring. And the tax break.
To tax the community for the advantage of a class is not protection: it is plunder.
The Court’s majority holds that the Establishment Clause is no bar to Ohio’s payment of tuition at private religious elementary and middle schools under a scheme that systematically provides tax money to support the schools’ religious missions.
Tax what you burn not what you earn.
Finally, the House is working to require a comprehensive federal review of IRS regulations with a follow-up report to Congress on possible actions to reduce the tax paperwork burden imposed on small businesses.
A poor worker is taxed heavily to receive his own money back with a modest supplement. Surely it would be more efficient just to pay the supplement and take him out of direct tax altogether.
We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we’re recovering so slowly.
Nobody should be allowed to fund political parties unless they pay at least 30% tax on all income above the median wage. If that rule applied, the Tory party would be bankrupted overnight.
Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.
I hope people understand that when you tax corporations that the concrete and the steel and the plastic don’t pay. People pay. And so when you tax corporations, either the employees are going to pay or the shareholders are going to pay or the customers are going to pay. And so corporations are people.
The NRA was one of the items that we pointed to when we added money to the labor, health and Education appropriations bill by reducing the size of the tax cut.
It is irresponsible for this Congress to not investigate the President’s lack of an exit strategy, and the fraud, waste, and abuse of U.S. tax dollars.
Getting a tax refund is nice, but having more money year-round is better. If you get a chunk of change from the IRS, you’re giving the government an interest-free loan – not something they, or any bank, would ever give you. Instead, change your withholding so you get a little extra in each paycheck.
The precise point at which a tax deduction becomes a ‘loophole’ or a tax incentive becomes a ‘subsidy for special interests’ is one of the great mysteries of politics.
The Democratic Party is made up of trial lawyers, labor unions, government employees, big city political machines, the coercive utopians, the radical environmentalists, feminists, and others who want to restructure society with tax dollars and government fiat.
