My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.
As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility, in descending order of importance. Most people focus exclusively on income.
Nothing is certain but death and taxes.
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.
Not continuing a tax cut is not technically a tax increase.
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...
Look, only in Washington is not raising taxes considered a tax cut. Nobody's getting a tax cut here. We're not cutting taxes. We're preventing tax increases from occurring.
The young man shivered. He rolled the stock themes of fantasy over in his mind: cars and stockbrokers and commuters, housewives and police, agony columns and commercials for soap, income tax and cheap restaurants, magazines and credit cards and stree...
[US income tax returns are due in 2 days, but Swigert is 200,000 miles away] Jack Swigert: Uh, well, if anyone from the, uh, from the IRS is watching, I... forgot to file my, my, my 1040 return. Um, I meant to do it today, but, uh... Sy Liebergot: [b...
As income from work has become more concentrated in America, the super rich have invested in businesses, real estate, art, and other assets. The income from these assets is now concentrating even faster than income from work.
A tax cut to compensate for a tax increase is not a cut - it's a con.
Taxes are what we pay for civilized society, for modernity, and for prosperity. The wealthy pay more because they have benefitted more. Taxes, well laid and well spent, insure domestic tranquility, provide for the common defense, and promote the gene...
Who are ever taxed? Individuals only. Who have property that can be taxed? Individuals only. Who can give their consent to be taxed? Individuals only. Who are ever taxed without their consent? Individuals only. Who, then, are robbed, if taxed without...
Tax reform means, 'Don't tax you, don't tax me. Tax that fellow behind the tree.'
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 dram...
Taxes, well laid and well spent, insure domestic tranquility, provide for the common defense, and promote the general welfare. Taxes protect property and the environment; taxes make business possible. Taxes pay for roads and schools and bridges and p...
the Reagan years "produced one of the most dramatic redistributions of income in the nation's history....The income of families in the bottom decile fell by 10.4 percent...while the income of those in the top one percent rose by 87.1 percent." Chain ...
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.
In low-income countries, getting to a health post is hard. It's very expensive.
If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce r...
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
