making quotes$250000 quotesbarack quotesobamas quotesplan quotessingle quotespenny quotestax quotesraised quotescapital quotesgains quotestax quotesincome quotesinvestment quotestax quotes
I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions.
support quotesfair quotestax quotesflat quotesplan quotesdramatically quotesstreamline quotestax quotessystem quotesreplace quotesfederal quotestaxes quotespersonal quotescorporate quotesincome quotessingle quotesnational quotesretail quotessales quotesapply quotesrate quotesdeductions quotesexemptions quotes
end quotesiniquitous quotesmultitaxing quotesmoney quotestax quotespeoples quotesincomes quotessavings quotesincome quotesmovement quotesassets quotescapital quotesgains quotestax quotesstamp quotesduty quotesinheritance quotesaudacity quotesdie quotes
We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers.
lower quotestax quotesrates quotesstarting quotestop quotescorporate quotesrate quotessimplify quotescode quotesultimate quotesanswer quotesopinion quotesfair quotestax quoteslong quotesmessedup quotescode quotespoliticians quotesreward quoteswinners quoteslosers quotes
sales quotestax quotesequitable quotestax quotesgasoline quotestax quotesproven quotespainless quotesproductive quotespunitive quotesbuy quotesequal quotesproportion quotescheap quotesfood quotesclothes quotes
whos quoteshostagetaker quotesdiscussion quotesestate quotestax quotesdouble quotestax quotesdeath quoteseconomists quotessoaks quotesrich quotescapital quotesdeprives quotesbusiness quotesinvestment quotesjob quotescreation quotes
The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.
999 quotesplan quotesresuscitate quoteseconomy quotesreplaces quotesoutdated quotestax quotescode quotespoliticians quotespick quoteswinners quoteslosers quotesprovide quotesfavors quotesform quotesbreaks quotesspecial quotesexemptions quotesloopholes quotessimplifies quotesdramatically quotes9 quotesbusiness quotesflat quotestax quotespersonal quotessales quotestax quotes
economists recognize that, other things equal, cuts in tax rates reduce tax revenues in percentage terms by less than the tax-rate reductions. Similarly, tax-rate increases do not raise tax revenues by as much in percentage terms as the tax-rate increases. This is true because changes in marginal tax rates alter taxpayer behavior and thus affect taxable income.
Campbell R. McConnell
economists quotesrecognize quotesthings quotesequal quotescuts quotestax quotesrates quotesreduce quotesrevenues quotespercentage quotesterms quotestaxrate quotesreductions quotessimilarly quotesincreases quotesraise quotesincreases quotestrue quotesmarginal quotesalter quotestaxpayer quotesbehavior quotesaffect quotestaxable quotesincome quotes
tax quotesearn quotesdollar quotessave quotesinvest quotesdividend quotesstupid quotesdie quotessteal quoteshalf quotes
You are smart people. You know that the tax cuts have not fueled record revenues ... You know that the first order effect of cutting taxes is to lower tax revenues. We all agree that the ultimate reduction in tax revenues can be less than this first order effect, because lower tax rates encourage greater economic activity and thus expand the tax base. No thoughtful person believes that this possible offset more than compensated for the first effect for these tax cuts. Not a single one.
smart quotespeople quotestax quotescuts quotesfueled quotesrecord quotesrevenues quotesorder quoteseffect quotescutting quotestaxes quoteslower quotesrevenues quotesagree quotesultimate quotesreduction quoteseffect quotesrates quotesencourage quotesgreater quoteseconomic quotesactivity quotesexpand quotesbase quotesthoughtful quotesperson quotesbelieves quotesoffset quotescompensated quotescuts quotessingle quotes
Assuming that a tax increase is necessary, it is clearly preferable to impose the additional cost on land by increasing the land tax, rather than to increase the wage tax - the two alternatives open to the City (of Pittsburgh). It is the use and occupancy of property that creates the need for the municipal services that appear as the largest item in the budget - fire and police protection, waste removal, and public works. The average increase in tax bills of city residents will be about twice as great with wage tax increase than with a land tax increase.
assuming quotestax quotesincrease quotespreferable quotesimpose quotesadditional quotescost quotesland quotesincreasing quotestax quoteswage quotesalternatives quotesopen quotescity quotespittsburgh quotesoccupancy quotesproperty quotescreates quotesmunicipal quotesservices quoteslargest quotesitem quotesbudget quotesfire quotespolice quotesprotection quoteswaste quotesremoval quotespublic quotesworks quotesaverage quotesbills quotescity quotesresidents quotesgreat quotesincrease quotes
consumption quotestax quotesnational quotessales quotestax quotesmakes quotessense quotesmove quotesfair quotestax quotesmake quotesincome quotestax quotes
Research has shown that middle-income wage earners would benefit most from a large reduction in corporate tax rates. The corporate tax is not a rich-man's tax. Corporations don't even pay it. They just pass the tax on in terms of lower wages and benefits, higher consumer prices, and less stockholder value.
research quotesshown quotesmiddleincome quoteswage quotesearners quotesbenefit quoteslarge quotesreduction quotescorporate quotestax quotesrates quotesrichmans quotestax quotescorporations quotespay quotespass quotesterms quoteslower quoteswages quotesbenefits quoteshigher quotesconsumer quotesprices quotesstockholder quotes
alternative quotesminimum quotestax quotesdesigned quotesprevent quoteswealthiest quotesamericans quotesoverusing quotesbenefits quotesavoid quotesburden quotes
We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing.
Debbie Wasserman Schultz
voted quotesmaking quotesmiddleclass quotestax quotescuts quotesworking quotesfamilies quotespermanent quotesrepublicans quotesinsisted quotessupport quotesbreaks quotesadded quotes$700 quotesbillion quotesdeficit quotesgive quoteswealthiest quotes2 quotespercent quotesamericans quotesdisturbing quotes
death quotestax quotescompletely quotespermanently quotesrepealed quotesorder quotesmake quotestax quotescode quotesfairer quotessimpler quoteseliminate quotesharmful quotesdrag quoteseconomy quotes
God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.
god quotesforbid quotesunited quoteskingdom quoteslead quotesintroduce quotestax quotessystem quotescomprise quoteslow quoteslevel quotescorporation quotescorporate quotesprofits quotessales quotestax quotescountry quotes
rid quotesinternal quotesrevenue quotesservice quotespass quotesfair quotestax quotestax quotesconsumption quotespeoples quotesincome quotesmove quotespower quotesback quotesfounders quotesbelieved quotes
If I get married I get a tax break, if I have a kid I get a tax break, if I get a mortgage I get a tax break. I don't have any kids and I drive a hybrid, I think I should get a tax break. I'm trying to pay off my apartment so I have something tangible. I actually figured out if I paid off my place my reward would be that I would pay an extra four grand a year in taxes.
married quotestax quotesbreak quoteskid quotesmortgage quotesbreak quoteskids quotesdrive quoteshybrid quotespay quotesapartment quotestangible quotesfigured quotespaid quotesplace quotesreward quotesextra quotesgrand quotesyear quotestaxes quotes
reports quotessuggest quotesernst quotesyoung quoteslarge quotestax quotespreparation quotesfirms quotessending quotesreturns quotesoverseas quotesprocessing quotesirs quotescontrol quotesinformation quotesindia quotescountry quotes
We've got a tax code that is encouraging flight of jobs and outsourcing. And that's why we've specifically recommended ... that Congress change our tax code so that we stop giving tax breaks to companies that are moving to Mexico and China and other places, and start putting those tax breaks into companies that are investing here in the United States.
tax quotescode quotesencouraging quotesflight quotesjobs quotesoutsourcing quotesspecifically quotesrecommended quotescongress quoteschange quotesstop quotesgiving quotesbreaks quotescompanies quotesmoving quotesmexico quoteschina quotesplaces quotesstart quotesputting quotesinvesting quotesunited quotesstates quotes
sales quotestax quotessmall quotesnecessities quoteslarge quotesluxuries quotesstiff quotesinheritance quotestax quotesfellow quotessaves quotesspend quotespaid quotesday quotesbuy quotestough quotesyear quotesbroke quotes
legislation quotescreate quotes10 quotespercent quotestax quotesbracket quotesreduce quotesmarriage quotespenalty quotescut quotesrate quotesdividends quotescapital quotesgains quotesincrease quoteschild quotescredit quotesessential quoteselements quoteseconomic quotesexpansion quotes
folks quotestax quotesfund quotesprogram quotessocial quotessecurity quoteshits quotessalaries quotes$110000 quotesmeans quotesmake quotesmillion quotesbucks quotes90 quotessalary quotesfree quotespayroll quotesfunds quotessoc quotessec quotes
reality quotesstudy quotespresident quoteskennedy quotescut quotesmarginal quotestax quotesrates quotesronald quotesreagan quotesbush quotesimposed quotescuts quotesgenerated quoteseconomic quotesgrowth quotesexpanded quoteseconomy quotesexpand quotesrevenues quotes
I think that taxes would be fair if we first get rid of the tax code. This is the ultimate solution, not to just say we're going to trim around the edges, not to say that we will try to simplify a little of this and a little of that. The problem is, replace the tax code, so we can establish tax fairness for everybody.
taxes quotesfair quotesrid quotestax quotescode quotesultimate quotessolution quotestrim quotesedges quotessimplify quotesproblem quotesreplace quotescode quotesestablish quotesfairness quotes
easy quotestalk quotestax quotessimplification quotesdifficult quotesaccomplish quotescongresses quotesoffered quotessimplification quotesbill quotesinclude quotespaidfor quotesrepeal quotesalternative quotesminimum quotestax quotes
view quotestax quotespolicy quotesrevised quotesextenders quotesreform quotespolicy quotesmakes quotesattractive quotesinvest quotesacquisition quotesoverseas quotes
make quotesfirm quotespledge quotesplan quotesfamily quotesmaking quotes$250000 quotesyear quotesform quotestax quotesincrease quotesincome quotestax quotespayroll quotescapital quotesgains quotestaxes quotestaxes quotes
Any Democrat who squirms on the tax-cut issue in the primaries has no chance ' zero ' to win the nomination. Each will have to take the "pledge" to oppose the Bush tax cuts. Thus, Bush will have succeeded in creating a situation where anyone who can win the nomination can't win the election. Democrats are not about to nominate anyone who backs the tax cut, and Americans are not going to elect anyone who favors a tax increase.
democrat quotessquirms quotestaxcut quotesissue quotesprimaries quoteschance quotes quoteswin quotesnomination quotespledge quotesoppose quotesbush quotestax quotescuts quotessucceeded quotescreating quotessituation quotesnomination quoteselection quotesdemocrats quotesnominate quotesbacks quotescut quotesamericans quoteselect quotesfavors quotesincrease quotes
basically quotestax quotesreform quotesideas quotesclean quotessystem quoteseliminate quotesloopholes quotesmake quotespossibility quotespeople quotesmaking quotesmillions quotesdollars quotesyear quotespaying quotesoil quotesdepletion quotesallowances quotesthings quotes
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.
giving quotesadvice quotessingleworst quotesidea quotesforward quotesgroup quotesrife quotesmake quotestax quotescode quotesamerica quotesrich quotespeople quotesgive quotessubstantial quotesrelief quotesrichest quotespeople quotesfind quotesforget quotesperson quotesmaking quotes$40000 quotesyear quotespaying quotessocial quotessecurity quotespayroll quotestax quotesincome quotestax quotes2 quotesamerica quotes
Millions and millions of people don't pay an income tax, because they don't earn enough to pay on one, but you pay a land tax whether it ever did or ever will earn you a penny. You should pay on things that you buy outside of bare necessities. I think this sales tax is the best tax we have had in years.
millions quotesmillions quotespeople quotespay quotesincome quotestax quotesearn quotesland quotestax quotespenny quotesthings quotesbuy quotesbare quotesnecessities quotessales quotesyears quotes
I also think that if you want to put a price on carbon, why not just do it with a simple tax? Why not ask motorists to pay more, why not ask electricity consumers to pay more and then at the end of the year you can take your invoices to the tax office and get a rebate of the carbon tax you've paid
put quotesprice quotescarbon quotessimple quotestax quotesmotorists quotespay quoteselectricity quotesconsumers quotesend quotesyear quotesinvoices quotestax quotesoffice quotesrebate quotescarbon quotespaid quotes
annual quoteswealth quotestax quoteshomes quotesmajor quotesasset quotesmiddle quotesclass quotescalled quotesproperty quotestax quotessmall quotesstocks quotesbonds quotesassets quoteswealthy quotes
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.
Jeffrey R. Immelt
basically quotestax quotespolicy quotesgermany quotesjapan quotesuk quotesrate quotesmid20s quotesloopholes quotesantiquated quotessystem quotesmeans quotespeople quotespay quotestaxes quotes
deficits quotesfuture quotestax quotesincreases quotespure quotessimple quotesdeficit quotesspending quotesviewed quotesgenerations quotespoliticians quotescreate quotesdeficits quotesexposed quoteshikers quotes
adage quotesquickest quotesdrop quotestax quotesincrease quotestaxes quotescapital quotesgains quotes50 quotespercent quotescontingent quotes250 quotesmillion quotespounds quotes
lower quotestax quotesburden quotesmiddle quotesclass quotesamericans quoteswealthy quotespay quotesfair quotesshare quotesmiddle quotestaxpayers quoteschoice quoteschildrens quotescredit quotessignificant quotesreduction quotesincome quotesrate quotes
obama quoteshelped quotesgop quoteslimit quotestax quotesincreases quotescreated quotescuts quotesidentical quotesbush quotescuts quotespermanent quotes
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
predictions quoteseconomic quotesgrowth quotescreated quotesjobs quotesthings quoteswanted quotesextension quotesunemployment quotesinsurance quotesmiddle quotesclass quotestax quotescuts quotesestate quotesmillionaires quotesadds quotesjobs quotescut quotesbillionaires quotesvirtually quotes
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
prefer quotesincome quotestax quotestruth quotesafraid quotesdiscussion quotesfollow quotescriticism quotesensue quotesdivision quotessupreme quotescourt quotessubject quotestax quotesinjured quotesprestige quotesdecision quotesviolent quotesadvocates quotestax quotesglad quotessubstitution quoteshearts quotesreasons quotespush quotesconstitutional quotesamendment quotesadmit quotesquestions quotesamendment quotes
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.
states quotesincome quotestax quotescompare quoteshighest quotesrates quotesnation quoteseconomic quotesmetrics quotesdecade quotesgroups quoteszeroincometaxrate quotesoutperform quoteshighestincometaxrate quotesfairly quotessizable quotesamount quotes
Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.
economy quotestaxation quotesamericas quotessuccessful quotesachievers quotespay quoteshigher quotesshare quotestotal quotestax quotesburden quotestop quotespercent quotesincome quotesearners quotespaid quotes18 quotesburden quotes1981 quotes25 quotes1991 quotesbottom quotes50 quotes8 quotesburden quotes5 quoteshistory quotesshows quotescuts quotesresulted quotesimproved quoteseconomic quotesgrowth quotesproducing quotesrevenue quotestreasury quotes
Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.
Andrew Ross Sorkin
corporate quotestax quotesreform quotesnice quotestheory quotestough quotespractice quotesrequires quoteslower quotesrates quotesclosing quotesloopholes quotescompanies quotesfight quotesrate quotesdetermined quotescountry quotescreating quotessad quotesrace quotes
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
choose quotestax quotesbreaks quotesmillionaires quotesbillionaires quotesbreak quotescorporate quotesjet quotesowners quotesoil quotesgas quotescompanies quotesmaking quoteshundreds quotesbillions quotesdollars quotesmeans quotescut quoteskids quotescollege quotesscholarship quotes
basically quotescovered quoteslaw quotesreduce quotesberkshires quotestax quotesrate quoteswind quotesenergy quotescredit quotesbuild quoteslot quotesfarms quotesreason quotesmake quotessense quotescredit quotes
american quotespeople quotesstop quotesspending quotesgive quotescertainty quotesextend quotestax quotesexisting quotescuts quotesbreaks quotessmall quotesbusinesses quoteslarge quotesconfidence quotes
In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
december quotesagreed quotesextend quotestax quotescuts quoteswealthiest quotesamericans quotesprevent quoteshike quotesmiddleclass quotesamericans quotesafford quotes$1 quotestrillion quotesworth quotesmillionaire quotesbillionaire quotessociety quotesrefuse quotesrenew quotes
Taxing Women is a must-have primer for any woman who wants to understand how our current tax system affects her family's economic condition. In plain English, McCaffery explains how the tax code stacks the deck against women and why it's in women's economic interest to lead the next great tax rebellion.
taxing quoteswomen quotesmusthave quotesprimer quoteswoman quotesunderstand quotescurrent quotestax quotessystem quotesaffects quotesfamilys quoteseconomic quotescondition quotesplain quotesenglish quotesmccaffery quotesexplains quotescode quotesstacks quotesdeck quoteswomen quoteswomens quotesinterest quoteslead quotesgreat quotesrebellion quotes
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.
performance quoteszeroincometaxrate quotesstates quoteshighestincometaxrate quotesstates quoteslarge quotesamount quotesdifference quotesdue quotestaxes quotestrue quotesdecade quotesnumbers quotesback quotes50 quotesyears quotesyear quotesoutperformed quotesstates quotes
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
president quotestax quotesreform quoteslower quotesrates quotespeople quotesamerica quotesmake quotescode quotesfair quotesrid quotesloopholes quotesspecial quotestreatment quotesabsent quotesbelieves quotesfiscal quoteshouse quotesorder quoteswealthy quotespay quotesshare quotes
balance quotesfederal quotesbudget quotes15 quotesyears quotes20 quotesthrow quotesentire quotestax quotessystem quotesreplace quotesfair quotestax quotesconsumption quotesmeasurements quotesfair quotes
We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.
real quotestax quotesreform quotesmakes quotesrich quotesprofitable quotescorporations quotesbegin quotespay quotesfair quotesshare quotestaxes quotessystem quotesprogressive quoteschildren quoteshungry quotescountry quoteswealthy quotesavoid quotesresponsibilities quotesstashing quotesmoney quotescayman quotesislands quotes
Our federal income tax law defines the tax y to be paid in terms of the income x; it does so in a clumsy enough way by pasting several linear functions together, each valid in another interval or bracket of income. An archeologist who, five thousand years from now, shall unearth some of our income tax returns together with relics of engineering works and mathematical books, will probably date them a couple of centuries earlier, certainly before Galileo and Vieta.
federal quotesincome quotestax quoteslaw quotesdefines quotesy quotespaid quotesterms quotesx quotesclumsy quotespasting quoteslinear quotesfunctions quotesvalid quotesinterval quotesbracket quotesincome quotesarcheologist quotesthousand quotesyears quotesunearth quotesreturns quotesrelics quotesengineering quotesworks quotesmathematical quotesbooks quotesdate quotescouple quotescenturies quotesearlier quotesgalileo quotesvieta quotes
republicans quotescall quotestaxcut quotessyndrome quotestax quotescut quotesincrease quoteshate quotesblock quotes
tax quoteshavens quotesexist quotesrich quotescountries quotestrade quotesiran quotescuba quotesworld quotes
Mr. Speaker, in 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. Think about it, 1848 Karl Marx, Communism.... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS, my colleagues. I yield back all the rules, regulations, fear, and intimidation of our current system.
mr quotesspeaker quotes1848 quoteskarl quotesmarx quotesprogressive quotesincome quotestax quotesneeded quotestransfer quoteswealth quotespower quotesstate quotesmarxs quotescommunist quotesmanifesto quotesmajor quoteseconomic quotestenet quotestax quotes1848 quotesmarx quotescommunism quotestime quotesreplace quotesnational quotesretail quotessales quotestax quotesabolish quotesirs quotescolleagues quotesyield quotesback quotesrules quotesregulations quotesfear quotesintimidation quotescurrent quotessystem quotes
When you consider that a steelworker who's making $40,000 a year has virtually the same tax burden as someone who's making $400,000 a year, you see that there are inequities. This administration has used the tax code to accelerate wealth to the top. Most of the tax breaks have gone to people in the top bracket.
steelworker quotesmaking quotes$40000 quotesyear quotesvirtually quotestax quotesburden quotes$400000 quotesyear quotesinequities quotesadministration quotescode quotesaccelerate quoteswealth quotestop quotesbreaks quotespeople quotestop quotesbracket quotes
I took office as president in January 2003, and in April 2003, I sent to Congress my first proposal for tax reform. Some parts were voted on, with respect to federal taxes, and then it came to a standstill. Why? Because each state is interested in its own tax reform, has its own tax policy, and each state has its federal deputies and senators.
Luiz Inacio Lula da Silva
office quotespresident quotesjanuary quotes2003 quotesapril quotescongress quotesproposal quotestax quotesreform quotesparts quotesvoted quotesrespect quotesfederal quotestaxes quotesstandstill quotesstate quotesinterested quotesreform quotespolicy quotesdeputies quotessenators quotes
The tax that was supposed to soak the rich has instead soaked America. The beneficiary of the income tax has not been the poor, but big government. The income tax has given us a government bureaucracy that outnumbers the manufacturing work force. It has created welfare dependencies that have entrapped millions of Americans in an underclass that is forced to live a sordid existence of trading votes for government handouts.
Paul Craig Roberts
tax quotessupposed quotessoak quotesrich quotessoaked quotesamerica quotesbeneficiary quotesincome quotespoor quotesbig quotesgovernment quotesgovernment quotesbureaucracy quotesoutnumbers quotesmanufacturing quoteswork quotesforce quotescreated quoteswelfare quotesdependencies quotesentrapped quotesmillions quotesamericans quotesunderclass quotesforced quoteslive quotessordid quotesexistence quotestrading quotesvotes quoteshandouts quotes
talk quotestax quotesattorneys quotespolitically quotesmotivated quotesadvise quotesclient quotesrelease quotesinformation quotesaudit quotes
tax quotescuts quotescuts quotessurplus quotesamount quotescut quotesstraight quotesbottom quotesline quotesadds quotesdeficit quotesdeficit quotesnational quotesdebt quotessooner quotesdebt quotespaid quotes
temporary quoteswar quotestax quotesputting quotesactual quotesdollars quotesgonna quotestaxes quotescomprehensive quotestax quotesreform quotespolicy quotes