Income Tax Quotes - Page 3

• Taxes, after all, are dues that we pay for the privileges of membership in an organized society.

  Franklin D. Roosevelt

  Taxation, Taxes Funny, Pay

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• One thing is clear: The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.

  Ron Paul

  Father, Government, Political

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• 1913 wasn't a very good year. 1913 gave us the income tax, the 16th amendment and the IRS.

  Ron Paul

  Good Years, Income, Irs

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• Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.

  H. L. Mencken

  Humorous, Average, America

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• If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that don't get wet you can keep.

  Will Rogers

  Government, Years, Pockets

  Will Rogers, Steven K. Gragert, M. Jane Johansson (2001). “The Papers of Will Rogers: From vaudeville to Broadway : September 1908-August 1915”, p.331, University of Oklahoma Press

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• The income tax was devised to give lawyers and certified public accountants business. Few persons can make head, tail, or middle out of it. Einstein admitted he couldn't.

  W. C. Fields

  Giving, Income, Tails

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• Unlike every other retirement vehicle, such as IRAs and 401(k)s, you receive a tax deduction for making contributions to your HSA but don't have to pay income taxes on withdrawals.

  Paul Zane Pilzer

  Retirement, Income, Ira

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• The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over this period.

  Arthur Laffer

  Zero, Growth, Income

  "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.

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• If you look at the performance of the zero-income-tax-rate states and the highest-income-tax-rate states, I believe a large amount of their difference is due to taxes. Not only is it true of the last decade, but I took these numbers back 50 years. And, there's not one year in the last 50 where the zero-income-tax-rate states have not outperformed the highest-income-tax-rate states.

  Arthur Laffer

  Zero, Believe, Years

  "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.

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• There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax... Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.

  Arthur Laffer

  Years, United States, Income

  "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.

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• There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for the states with huge volatility in their income tax policies over time, the differences in growth rates in those periods are really amazingly consistent with tax rates really mattering.

  Arthur Laffer

  Moving, Weekend, Differences

  "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.

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• Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax."

  Hazel Henderson

  Wisdom, Government, Numbers

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• If the Lord had meant us to pay income taxes, he'd have made us smart enough to prepare the return.

  Kirk Kirkpatrick

  Smart, Pay, Return

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• While opponents label (Howard) Dean a throwback liberal, The New York Times recently noted that as governor, Dean cut income taxes, reformed welfare and balanced Vermont's budget - all traditionally conservative policies. Dean also received an 'A' rating from the National Rifle Association, which I think you can't get unless you've killed a guy.

  Jon Stewart

  New York, Cutting, Thinking

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• We ought to thank President Bush. He made it a lot easier for people to do taxes this year. No job, no income tax this year.

  Jay Leno

  Jobs, Years, People

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• I know everybody's income and what everybody earns,
  And I carefully compare it with the income-tax returns

  W. S. Gilbert

  Income, Return, Manners

  W. S. Gilbert, Ian C. Bradley (2016). “The Complete Annotated Gilbert and Sullivan”, p.537, Oxford University Press

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• I prefer an income tax, but the truth is I am afraid of the discussion which will follow and the criticism which will ensue if there is an other division in the Supreme Court on the subject of the income tax. Nothing has injured the prestige of the Supreme Court more than that last decision, and I think that many of the most violent advocates of the income tax will be glad of the substitution in their hearts for the same reasons. I am going to push the Constitutional amendment, which will admit an income tax without questions, but I am afraid of it without such an amendment.

  William Howard Taft

  Heart, Thinking, Decision

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• Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. If you look at the economic metrics over the last decade for both groups, the zero-income-tax-rate states outperform the highest-income-tax-rate states by a fairly sizable amount.

  Arthur Laffer

  Zero, Groups, Income

  "How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes". Interview with Paul Solman, www.pbs.org. August 1, 2013.

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• Last year I had difficulty with my income tax. I tried to take my analyst off as a business deduction. The Government said it was entertainment. We compromised finally and made it a religious contribution.

  Woody Allen

  Religious, Government, Years

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• There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.

  Peter Drucker

  Wisdom, Cat, Income

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• The growth stock theory of investing requires patience, but is less stressful than trading, generally has less risk, and reduces brokerage commissions and income taxes.

  Thomas Rowe Price, Jr.

  Risk, Growth, Income

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• I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. They take from the woman who comes in and takes the wastebaskets out.

  Howard Warren Buffett

  Payroll Tax, Government, Suffering

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

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• Fewer and fewer people are paying larger and larger percentage of the tax burden, as you know, almost half the people pay no income taxes at all. We're going to have more people in the wagon than we got pulling the wagon before long and that's not going to work. Those jobless numbers, you know, go hand-in-hand with those tax numbers.

  Fred Thompson

  Numbers, Hands, Long

  Source: www.foxnews.com

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• There are certain things--as, a spider, a ghost,
  The income-tax, gout, an umbrella for three--
  That I hate, but the thing that I hate the most
  Is a thing they call the Sea.

  Lewis Carroll

  Hate, Sea, Income

  Lewis Carroll (2013). “Delphi Complete Works of Lewis Carroll (Illustrated)”, p.857, Delphi Classics

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• A heavy or progressive or graduated income tax is necessary for the proper development of Communism.

  Karl Marx

  Income, Development, Progressive

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