Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.
Virginia 's tax system needs to be fixed. The time to act is now. Do not send me any more studies. Do not send me another piecemeal approach that confuses tinkering with real reform.
I think you need to have a tax system that basically is flat, fair and simple. And - that you can put on a post card. I mean, even Timothy Geithner could do this one and get it on time.
Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that?
I might say that in retrospect, looking at where the community college system is today, I think we may have gone too far. The community college system is so big, so broad, so consuming of tax money.
I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It's a little bit phantom money.
We pass bills authorizing improvements and grants. But when it comes time to pay for these programs, we'd rather put the country's money toward tax breaks for the wealthy than for police officers who are protecting our communities.
I mean I get loads of money, all from different sources. You give it to your accountant. They manage it. But you pay corporation tax. If you're then taking it out and spending it on yourself, you have to pay more.
I employed my wife for three years to sit in the attic and type up my autobiography, 700 pages, organise everywhere I go. I'm paying the normal rate of tax on the money I take out for myself.
Whether it's a penalty or a tax, it's all one in the same. It's coming out of somebody's hard-earned money in their pocketbooks and that's the point. So in some ways, to me, it's a distinction without a difference.
Working hard to earn more money and then giving it away in higher taxes isn't financially intelligent, even if you do put some of it into a retirement account.
It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people.
If leaders in the space program had at its beginning in the 1940s, pointed out the benefits to people on earth rather than emphasizing the search for proof of evolution in space, the program would have saved $100 billion in tax money and achieved gre...
Growing up, being watched from the outside... it's kind of very taxing and maybe I should just do some kind of manual labor-it might be more relaxing. But I can't, it's not in my nature.
Greece has been, in many ways, a partially dysfunctional society. For example, the wealthy barely pay taxes... to an extent, that's true elsewhere, including the United States, but it's been pretty extreme in Greece.
My mom has always been my champion. She was very smart and grounded. She said, 'Save your money. Pay your taxes. Don't put everything in one basket,' but she let me explore and be creative.
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
Here’s the solution. We need a CO2 tax, revenue-neutral, to replace taxation on employment, which was invented by Bismarck — and some things have changed since the 19th Century.
I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support lowering rates.
This is what the election of 2010 was about. We didn't send conservatives to Washington to flirt with Democrat proposals for higher taxes and more debt. We sent leaders to stop them.
We shouldn't be undermining Medicare for those who need it most in order to give more tax cuts to those who need them least.
