Tax Quotes

The alternative minimum tax was designed to prevent the very wealthiest Americans from overusing certain tax benefits to avoid most of their tax burden.

There are some Republicans who say that any time you raise new revenue, you have to have a tax cut to match it. I am not one of those Republicans.

It's time we permanently repeal the tax on possessions that people leave to their children.

Well, we have certainly produced great art before we did this. In my view, there are any number of areas of government which tax money should not be spent.

It is easy to talk about tax simplification, and we all know it is very difficult to accomplish; but for the last three Congresses, I have offered a tax simplification bill that would include a paid-for repeal of alternative minimum tax.

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth.

The income tax has made liars out of more Americans than golf.

Our tax policies, the tax relief and reform we passed in 2003 and 2005, helped get government out of the way of America's entrepreneurs, and our unemployment rate is now lower than it was in the 1970s, the 1980s, and the 1990s.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

If you're opposed to the budget I submitted to the General Assembly, you're for a tax increase.

My constituents in Kansas know the death tax is a duplicative tax on small businesses and family farms that, in many cases, families have spent generations building.

We're going to look awfully stupid if we give income tax relief to people who do not pay income taxes.

I'm like tax. You're going to pay one way or the other.

In general, anyone who paid the long distance telephone tax will get the refund on their 2006 federal income tax return. This includes individuals, businesses and non-profit organizations.

Should we freeze or postpone prospective tax cuts and avoid any new tax cuts until we are sure we have the money to pay for the war on terrorism and the war in Iraq.

In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.

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.

Tax reform is taking the taxes off things that have been taxed in the past and putting taxes on things that haven't been taxed before.

While other state governments stiff their vendors, close parks, delay tax refunds, and ignore unacceptably poor service levels, Indiana state employees are setting national standards for efficiency.

Reagan didn't put anything off the table, if he felt it was for the good of the American people to tweak the tax system.

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.

Americans spend 3 billion hours per year filling out tax forms and keeping tax records.

The budget does not adequately fund important domestic programs, promotes tax cuts to the detriment of other priorities and does little to put our nation's fiscal house in order.

The 55% of American households that make less than $40,000 will get a tax break of only $7 while the households that make more than $1 million will receive an average tax break of $32,000.

Tax rates should never be raised in some brackets without being raised in all brackets.

Currently, 94 out of 100 of us pay the Social Security tax all year round.

The tax issue is the most powerful issue in American politics going back to the Tea Party. People say, 'Oh, Grover Norquist has power.' No. Grover Norquist and Americans for Tax Reform focus on the tax issue. The tax issue is a powerful issue.

There should not be one new dime in tax breaks for millionaires and billionaires as long as millions of children in America are poor, hungry, uneducated and without health coverage.