Income Tax Quotes - Page 4

• 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

  13 Copy quote

• 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

  4 Copy quote

• Most conservatives just want to turn back the clock to a time before the income tax - 100 years or so. I would like to turn the clock back thousands of years to a time when people lived in small communities and took care of each other.

  Pete Seeger

  Years, People, Community

  Source: portside.org

  12 Copy quote

  Show source

• In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.

  John F. Kennedy

  Country, United States, Income

  6 Copy quote

• We've already donated to Haiti. It's called the U.S. income tax.

  Rush Limbaugh

  Stupid, Haiti, Income

  "Obama Leaps into Action on Haiti". "The Rush Limbaugh Show", www.rushlimbaugh.com. January 13, 2010.

  4 Copy quote

  Show source

• If we don't do something to simplify the tax system, we're going to end up with a national police force of internal revenue agents.

  Leon Panetta

  Police, Agents, Force

  8 Copy quote

• I'm against an income tax because all the rich people hire lawyers and accountants to be sure that they don't pay income tax.

  Ann Richards

  People, Income, Pay

  9 Copy quote

• 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.

  10 Copy quote

  Show source

• 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.

  4 Copy quote

  Show source

• The purse of the people is the real seat of sensibility. Let it be drawn upon largely, and they will then listen to truths which could not excite them through any other organ.

  Thomas Jefferson

  Real, People, Purses

  6 Copy quote

• 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

  4 Copy quote

• 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.

  4 Copy quote

  Show source

• 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.

  4 Copy quote

  Show source

• 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

  4 Copy quote

  Show source

• 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

  4 Copy quote

• 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

  6 Copy quote

  Show source

• The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government.

  Ron Paul

  Father, Government, Giving

  Ron Paul (2008). “Pillars of Prosperity: Free Markets, Honest Money, Private Property”, p.84, Ludwig von Mises Institute

  4 Copy quote

  Show source

• 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

  4 Copy quote

• The idea of abolishing Income Tax is to me highly attractive, both on other grounds and because it tends to public economy.

  William E. Gladstone

  Ideas, Income, Economy

  Letter to H. C. E. Childers, April 03, 1873.

  4 Copy quote

  Show source

• I am too sick to work and haven't money enough to last 2 months and pay income tax. I want to keep going but do not see quite how, and there is no alternative - rather than justify my mother's 25-year dread of my "coming back on her, sick," I must kill myself. If she has to pay funeral costs, at least she will cut them to the bone and I will not be here to endure her martyrdom and prolong it by living.

  Rose Wilder Lane

  Mother, Cutting, Years

  Rose Wilder Lane's diary entry, December 9, 1933.

  7 Copy quote

  Show source

• We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.

  Barney Frank

  Years, Ideas, Payroll Tax

  "Estate Tax Debate". "PBS NewsHour" with Kwame Holman, www.pbs.org. June 08, 2000.

  4 Copy quote

  Show source

• One of the most insidious consequences of the present burden of personal income tax is that it strips many middle class families of financial reserves & seems to lend support to campaigns for socialized medicine, socialized housing, socialized food, socialized every thing. The personal income tax has made the individual vastly more dependent on the State & more avid for state hand-outs. It has shifted the balance in America from an individual-centered to a State-centered economic & social system.

  William Henry Chamberlin

  America, Avid, Hands

  13 Copy quote

• You can't legitimately kick on income tax, for it's on what you have made. You have already made it. But, look at land, farms, homes, stores, vacant lots. You pay year after year on them whether you make it or not.

  Will Rogers

  Home, Land, Years

  Will Rogers (1979). “Will Rogers' Daily Telegrams: The Hoover years, 1931-1933”, Will Rogers Heritage Trust

  8 Copy quote

  Show source

• If your Income Taxes go to help out the less fortunate, there could be no legitimate kick against it in the world. This is becoming the richest, and the poorest Country in the world. Why? Why, on account of an unequal distribution of the money.

  Will Rogers

  Country, Becoming, Income

  Will Rogers, James Smallwood (1981). “Will Rogers' Weekly Articles: The Hoover Years, 1929-1931”

  12 Copy quote

  Show source

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

  Jimmy Carter

  Race, Income, Taxes

  4 Copy quote