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Economics should be defined in terms of what it is about. It should be about how people produce things, how people exchange them, how people earn income, how they pay taxes, how the government provides infrastructure with tax revenue, and how it conducts monetary policy. The subject has to be defined in terms of the object of inquiry.
You don't raise taxes in times of such uncertainty.
Students often approached me about state-paid tuition while I was out campaigning. After I explained to them that if the state pays their tuition now, they will pay higher taxes to pay other people's tuition for the rest of their lives, most of them ended up agreeing with me.
Taxes, well laid and well spent, insure domestic tranquility, provide for the common defense, and promote the general welfare. Taxes protect property and the environment; taxes make business possible. Taxes pay for roads and schools and bridges and police and teachers. Taxes pay for doctors and nursing homes and medicine.
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.
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.
If all you think we need to do to get this economy going and get this country on the right track is to cut government and reduce taxes, you don't understand America. America is a moral enterprise, not an economic enterprise.
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
Nothing in life is certain except death, taxes and the second law of thermodynamics.
I can assure you that my wife and I - every penny of income we've ever had, our taxes were paid in West Virginia.
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
Inheritance taxes are so high that the happiest mourner at a rich man's funeral is usually Uncle Sam.
Maybe this will be the beginning of a trend? Flat taxes, cutting foreign aid, a referendum on Europe, grammar schools. Who knows?
We have a Conservative leader that believes in green taxes, that won't bring back grammar schools, that believes in continuing with total open-door migration from eastern Europe and refuses to give us a referendum on the EU.
You don't pay taxes - they take taxes.
Some solutions are relatively simple and would provide economic benefits: implementing measures to conserve energy, putting a price on carbon through taxes and cap-and-trade and shifting from fossil fuels to clean and renewable energy sources.
Read my lips: no new taxes.
George H. W. Bush
Note, besides, that it is no more immoral to directly rob citizens than to slip indirect taxes into the price of goods that they cannot do without.
Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.
Franklin D. Roosevelt
People try to live within their income so they can afford to pay taxes to a government that can't live within its income.
I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
We don't pay taxes. Only the little people pay taxes.
In theory, taxes should be like shopping. What I buy is government services. What I pay are my taxes.
P. J. O'Rourke
C. S. Lewis
Martin Luther King, Jr.
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