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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.
The tax issue is the most powerful issue in American politics going back to the Tea Party.
Facebook is not a physical country, but with 900 million users, its 'population' comes third after China and India. It may not be able to tax or jail its inhabitants, but its executives, programmers, and engineers do exercise a form of governance over people's online activities and identities.
Ultimate success for a carbon tax would mean so complete a shift to renewable energy that the tax would stop raising much revenue at all.
Since FDR's New Deal, corporations and wealthy families have been non-stop finding new ways to get tax breaks, deregulation and entitlements from the government.
I'm not a financial expert. The Robin Hood tax seems to me a very simple and beautiful idea. I don't see the problem.
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
This country pays a price whenever our economy fails to deliver rising living standards to our citizens - which is exactly what has been the case for years now. We pay a price when our political system cannot come together and agree on the difficult but necessary steps to rein in entitlement spending or reform our tax system.
We Protestants automatically assume that the Pharisees are the Catholics. They are the self-righteous people who have made Christianity a form of legalistic religion, thereby destroying the free grace of the Gospel. We Protestants are the tax collectors, knowing that we are sinners and that our lives depend upon God's free grace.
Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.
The two greatest priorities for my government are tackling tax evasion and corruption.
Tax dollars intended for science education must not be used to teach creationism as any sort of real explanation of nature, because any observation or process of inference about our origin and the nature of the universe disproves creationism in every respect.
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.
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
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.
Charles B. Rangel
Arizona is a national leader in school choice with both charter schools and tuition tax credits giving parents and their children more school choices than ever before.
Jane D. Hull
One tax dodge often used by multi-national companies is to squirrel their earnings abroad in foreign subsidiaries located in countries where taxes are lower.
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.
Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.
Dee Dee Myers
I found that I was getting a warm reception for my message of freeing you from the income tax, releasing you from Social Security, ending the insane war on drugs, restoring gun rights, and reducing the federal government to just its constitutional functions.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
People go tanning because they like to feel tan. You feel more sexy when you're tan and I don't understand why you would tax on that, because you're making yourself feel more happy about yourself.
According to the IRS, the wealthiest 400 Americans, who earned an average of roughly $270 million in 2008, paid an average tax rate of just 18.2 percent that year. That's about the same rate paid by a single truck driver in Rhode Island. It's not right, and we need to restore fairness to our tax code.
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.
Diseases are the tax on pleasures.
Martin Luther King, Jr.
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