Capital Gains Tax Quotes

• The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.

  John F. Kennedy

  New Ventures, Decision, Risk

  "Public Papers of the Presidents of the United States, John F. Kennedy, 1963".

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• I will eliminate capital-gains taxes for the small businesses and the startups that will create the high-wage, high-tech jobs of tomorrow

  Barack Obama

  Jobs, Taxation, Gains

  Barack Obama (2008). “Yes, We Can”, p.73, BoD – Books on Demand

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• We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die.

  Liam Fox

  People, Inheritance, Movement

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• In real estate you can avoid ever having to pay a capital gains tax, decade after decade, century after century. When you sell a property and make a capital gain, you simply turn around and buy a new property. The gain is not taxed. It's called "preserving your capital investment" - which goes up and up in value with each transaction.

  Michael Hudson

  Real, Pay, Gains

  Source: www.counterpunch.org

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• I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.

  Michele Bachmann

  Zero, Giving, Alternatives

  "The Kudlow Report" with Larry Kudlow, www.cnbc.com. July 11, 2011.

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• The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.

  Herman Cain

  Zero, Growth, Gains

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• The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

  Warren Buffett

  Payroll Tax, Office, Gains

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

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• I would favor three policies: raising the minimum wage to $12, closing the tax loophole where persons only pay a 15% income tax on long term capital gains (tax it at the full tax rate), and institute a progressive tax moving the highest tax rate from 39.6% to 45%. I would favor implementing these three policies in that order, starting with raising the minimum wage, but not stopping there.

  Philip Kotler

  Moving, Order, Long

  Source: bobmorris.biz

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• I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.

  Allen West

  Thinking, Income, Gains

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• 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.

  Barack Obama

  Family, Years, Payroll Tax

  Speech in Dover, New Hampshire, www.presidency.ucsb.edu. September 12, 2008.

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• 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.

  Grover Norquist

  Cutting, Growth, Want

  "The Situatuin Room" with Wolf Blitzer, www.cnn.com. July 13, 2011.

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• Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.

  Burton Malkiel

  Investing, Gains, Taxes

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• No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.

  Joe Biden

  Income, Gains, Pennies

  Democratic Sen. Joe Biden and Republican Alaska Gov. Sarah Palin, debated in St. Louis, Missouri, www.cnn.com. October 3, 2008.

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