Income Tax Quotes - Page 6

• If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.

  Robert H. Frank

  Mean, Dollars, Income

  Source: bobmorris.biz

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• Once you have an equalization instrument in place, as you have in Canada, there arise tremendous bureaucratic values - bureaucratic rent so to speak - in maintaining the system that you have. To shift to a system that paid the transfers directly to individuals, by having differential rates of federal income tax levied to adjust to provincial fiscal capacities, which would be my preference, you would have huge bureaucratic opposition. People would try to protect the rents they have in the current system of institutions.

  James M. Buchanan

  People, Trying, Canada

  Source: www.aims.ca

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• Sometimes I wonder how much of these debates have to do with the desire, the legitimate desire, for that history to be recognized. Because there is a psychic power to the recognition that is not satisfied with a universal program, it's not satisfied by the Affordable Care Act, or an expansion of Pell grants, or an expansion of the earned-income tax credit.

  Barack Obama

  Psychics, Desire, Income

  Source: www.theatlantic.com

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• Because U.K. artists aren't compensated when their music is played on U.S. radio ­stations, U.S. artists aren't ­compensated when their records are played on U.K. stations based on the fact that there's no reciprocity. If that income came in, our ­artists would be paying income taxes on it. So if we can get a lot of policy on the radar, that may have some positive influence.

  Neil Portnow

  Artist, Would Be, Income

  Source: www.billboard.com

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• People are tired of working longer hours for lower wages, of seeing decent paying jobs go to China and other low-wage countries, of billionaires not paying any federal income taxes and of not being able to afford a college education for their kids - all while the very rich become much richer.

  Bernie Sanders

  Country, Jobs, Tired

  Source: www.telegraph.co.uk

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• Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them only because 'they necessitate further inroads' upon the capitalist system and are 'unavoidable' as a means of bringing about socialism.

  Ludwig von Mises

  Mean, Income, Progressive

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• In the 1880s, people all over the world looked to America for inspiration. Its very existence was proof that it was possible to have a relatively free and peaceful country. No income tax, no foreign wars, no welfare state, no intrusions on civil liberties.

  Harry Browne

  Country, War, Inspiration

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• The corruption of freedom is in proportion to the moral deterioration of the people. For a people who have lost their sense of self-respect have no need for freedom. And the income tax, by transferring the property of earners to the State, has disintegrated the moral fiber of Americans to such a degree that they do not even recognize the fact.

  Frank Chodorov

  Moral Fiber, Self, People

  Frank Chodorov (2007). “Income Tax: Root of All Evil”, p.75, Ludwig von Mises Institute

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• We're not as materialistic and income-tax conscious as we think. At the moment our superstitions are tucked away, but come out sometimes in strange ways sex crimes, black masses.

  Terence Fisher

  Sex, Thinking, Black

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• Our Income Tax System is a disgrace to the human race.

  Jimmy Carter

  Race, Income, Taxes

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• Democracy is mob rule with income taxes.

  Gloria Steinem

  Democracy, Mob Rule, Income

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• Taxes are paid in the sweat of every man who labors.

  Franklin D. Roosevelt

  Men, Sweat, Paying Taxes

  Roosevelt, Franklin D. (1941). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1937, Volume 6”, p.798, Best Books on

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• Just as no one is morally required to answer a robber truthfully when he asks if there are any valuables in one’s house, so no one can be morally required to answer truthfully similar questions asked by the State, e.g., when filling out income tax returns.

  Murray Rothbard

  House, Income, Answers

  Murray N. Rothbard (2015). “The Ethics of Liberty”, p.183, NYU Press

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• There's just one thing I can't figure out. My income tax!

  Nat King Cole

  Income, Figures, Taxes

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• Nothing is more calculated to make a demagogue popular than a constantly reiterated demand for heavy taxes on the rich. Capital levies and high income taxes on the larger incomes are extraordinarily popular with the masses, who do not have to pay them.

  Ludwig von Mises

  Income, Demand, Pay

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.452, VM eBooks

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• Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism.

  Frederic Bastiat

  Names, Free Education, Numbers

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• The only beneficiaries of income taxation are the politicians, for it not only gives them the means by which they can increase their emoluments, but it also enables them to improve their importance. The have-nots who support the politicians in the demand for income taxation do so only because they hate the haves; . . . the sum of all the arguments for income taxation comes to political ambition and the sin of covetousness.

  Frank Chodorov

  Hate, Ambition, Mean

  "The Income Tax: Root of All Evil". Book by Frank Chodorov, New York: NY, Devin-Adair Company, p. 27, 1954.

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• For every day the government is shut down, it should be that we don't have to pay income tax that day because they're not working.

  Jesse Ventura

  Government, Income, Pay

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• Yet, individuals and corporations in Puerto Rico pay no federal income tax.

  Dick Thornburgh

  Income, Pay, Corporations

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• This is a question too difficult for a mathematician. It should be asked of a philosopher"(when asked about completing his income tax form)

  Albert Einstein

  Income, Philosopher, Form

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• I'll tell you who doesn't have any personal responsibility. Companies like General Electric and others who pay absolutely no income tax.

  Michael Moore

  Responsibility, Income, Pay

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• 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.

  Alan Keyes

  Government, Years, Tariffs

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• I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.

  Carly Fiorina

  Opportunity, Thinking, Years

  "Battle for the Senate on 'Fox News Sunday'". "Fox News Sunday" with Chris Wallace, www.foxnews.com. October 17, 2010.

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• Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.

  Jacob G. Hornberger

  Simple, Government, Peaceful

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• Edmund Wilson was our greatest American literary critic because he was more than a literary critic: He was a fearless, even radical judge of the society he lived in. (See, for example, _A Piece of My Mind_; _The Cold War and the Income Tax_; the introduction to _Patriotic Gore_.) Our conventional critics cannot forgive him for those scandalous lapses in good taste.

  Edward Abbey

  War, Patriotic, Judging

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