Quote of the Day
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When we leave money in the hands of taxpayers, they buy things, they pay taxes, they grow government.
After 20 years in Congress, I still believe that smaller government and lower taxes are the most effective economic policies.
As I said in my state of the state address, we can no longer rely on gaming and sales taxes to pay our way. Indian gaming next door in California is eroding our major industry in Nevada.
We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.
Arthur C. Brooks
The rapid growth in many of our suburbs has spawned a booming construction industry eager to hire low wage immigrants who gladly fill these jobs, many of them happy to be paid in cash, free of federal and state taxes.
France is the country with the highest taxes in Europe along with Sweden... something of which I am not proud.
The lesson for the next U.S. president: Raise the taxes on fuel. A lot.
While American taxes pay for much of the research and development that goes into creating the new, life-saving drugs, American consumers continue to subsidize the cost of the drugs for consumers across the world.
Michael K. Simpson
A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations.
In the end, I think the majority of Romanian society will understand that if we respect environmental protection standards, if we have benefits in taxes, royalties, jobs, we should do what all the modern countries in Europe and beyond are doing to take advantage of their natural resources.
I'm a fiscal hawk. I vote against all taxes, but I do believe the environment, and climate change, is a bigger issue than fiscal deficits are as a risk to the nation.
We are afraid to face the hard questions. We are willing to tackle drugs, crime, and public education only if it doesn't cost us any new taxes.
J. Irwin Miller
Instead of focusing on growing jobs and reigniting our economy, President Obama focused on growing government and tried to remake the United States into the image of the debt-laden countries of Europe. His approach has been more spending, more regulation, and higher taxes.
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.
I do not want to impose additional taxes on the employers at a time when our economy is very fragile and we want to encourage them to hire.
Ronald Reagan's vision of smaller government, less taxes, and a strong national defense has led to a prosperous America. As president, he rebuilt our military and reinvigorated our confidence in ourselves.
I realize what it means to be financially comfortable, and I want to be that. But I'm lucky enough to be in that position. And I'm also careful. I save 38 percent of my earnings after expenses, before taxes.
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.
In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.
I think it's a little unfair for people to say you're not paying your fair share of taxes. I'm paying what I'm supposed to pay. Change the law, and I'll pay what I'm supposed to pay.
It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.
Jeffrey R. Immelt
What we need is more money back in the hands of Americans of any economic standing and so raising taxes right now doesn't make sense.
Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government.
Arthur C. Brooks
Now the truth of the matter is that there are a lot of things people don't understand. Take the Einstein theory. Take taxes. Take love. Do you understand them? Neither do I. But they exist. They happen.
John F. Kennedy
Martin Luther King, Jr.
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