I think, basically, I am an actor. Sometimes I’m an actor who’s writing and sometimes an actor who’s directing, but I think if I’m forced to fill out a form for my tax return, ‘actor’ is the first thing I write down.
Telephones are a virtual necessity – not a luxury – and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year.
The story of Detroit’s bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.
April is tax month. If you are having trouble filing your taxes, then you should hire an accountant. They’ll give you the same advice that they’ve given hundreds of corporations – taxes are for douche bags.
North Carolina needs to revamp the tax code completely. We have some of the highest tax rates, like the corporate tax rate, in the country.
While tax refunds amount to substantial income for many Americans, current IRS rules do not allow taxpayers to directly deposit their refund into more than one account.
Huguette Clark has had her own tax liens – four times, the IRS has filed to collect taxes from her.
And that’s why I wrote the book, because our country really needs to understand, if people in this nation understood what our foreign policy is really about, what foreign aid is about, how our corporations work, where our tax money goes, I know we will demand change.
I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions.
Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.
I have said consistently both in my papers and in my speeches – which you heard in the primary campaign – that I will continue to phase out the Capital Stock and Franchise tax.
The media’s apoplectic reaction to 2018 tax refunds displays a fundamental misunderstanding of the U.S. tax code and the very notion of what a refund actually is.
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted – the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires – virtually none.
The biggest and most deadly ‘tax’ rate on the poor comes from a loss of various welfare state benefits – food stamps, housing subsidies and the like – if their income goes up.
The hardest thing to understand in the world is the income tax.
I’d think people would want me to follow the law and pay only what the tax code requires.
Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over Philadelphia.
Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
My goal in getting rid of tax loopholes is not to raise taxes. Our problem in Washington, D.C. is not a revenue problem, it is a spending problem.
My salary is converted to bitcoin, and taxes are taken out. You have to do all the tax computations in dollars because the IRS does not deal in bitcoins.
To introduce a whole new tax regime, that would be modern tax reform. But that’s too big a task.
If a lobbyist sets up shop, or a lawyer, in which they’re receiving income through what is something like a tax loophole so that it’s not counting as corporate income, that is what this is counting as a small business.
No one has a First Amendment right to lie to a federal agency in order to claim an improper tax status in order to avoid legal disclosure requirements on political spending and thereby receive undue tax benefits. That’s a criminal false statement and possibly a fraud.
There was a council house waiting for me when I had Ryan, there was a welfare state. I never put into the system before I took out, I was on income support before I’d even paid a penny of tax.
Federal gas tax revenues that are paid into the trust fund by highway users should be used for programs that benefit highway users.
I have long argued that in the modern world, corporation tax has had its day as a major source of tax revenue.
We need a tax code that promotes savings, investment, achievement, innovation, and hard work.
We pass bills authorizing improvements and grants. But when it comes time to pay for these programs, we’d rather put the country’s money toward tax breaks for the wealthy than for police officers who are protecting our communities.
Go out there and get rich. Get so obnoxiously rich that when that tax bill comes, your first thought will be to choke on how big a check you have to write.
Every time we’ve had a pro-growth fundamental tax reform, be it under President Reagan, President Kennedy – you can even go all the way back to President Coolidge – we have seen paychecks increase, economic growth be ignited, and, actually, more revenues come into the government.
The President is destroying the fabric of America with a combined policy of war, tax cuts for the wealthy, and reductions in spending for domestic needs.
Now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here, in the United States of America.
I always felt thrilled and amazed that I could put actor on my tax form.
My constituents in Kansas know the death tax is a duplicative tax on small businesses and family farms that, in many cases, families have spent generations building.
A tax cut to compensate for a tax increase is not a cut – it’s a con.
The tax code is becoming steadily more progressive, which shouldn’t surprise anyone who understands power politics. It’s always easier to force sacrifice on an unpopular minority than it is to ask the majority to pony up.
As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.
In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated.
The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
Look, I’m very much in favor of tax cuts, but not with borrowed money. And the problem that we’ve gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don’t think we can play subtle policy here.
In income tax, there is no case for amnesty.
The U.S. have printed money; they intend to tax the rich in order to avoid the fiscal cliff. These are things that sees anyone who dares to propose them in Greece and Europe labeled an extremist, when at the same time, it’s what Obama does.
The biggest – one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.
The total impact of the Tory/Liberal tax, welfare and public spending changes has hit the poorest 10% in society disproportionately hard – and women have been affected even more badly than men.
The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death – a tax on money that has already been taxed.
The tax issue is the most powerful issue in American politics going back to the Tea Party.
For the fifth year in a row, the Bush budget cuts city core services to pay for wealthy tax breaks. And once again, the mayor’s requests were not funded.
The gasoline tax is a user fee, but it does not fill enough of the need, and you want cars to be more efficient.
The Republicans are running wild with our tax dollars and it’s been a mistake to let this administration continue a policy of incompetence when it comes to Iraq.
We already have an annual wealth tax on homes, the major asset of the middle class. It’s called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?
You know who a complicated tax code kills? The guy or gal trying to start a business out of the spare bedroom of their home. So we’ve got to simplify our tax code.
The income tax is a twentieth-century socialist experiment that has failed. Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.
