I used to get taxed on my allowance. Yeah, I've been taxed since I was a little kid. And at the end of the year I had to pick a charity to donate my taxes to.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
Conventional wisdom on government's role in inequality often has it backwards. Tax reforms have resulted in a more progressive federal income tax; government transfer payments have become less progressive.
Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.
The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed.
They say death and taxes are the only things that are inevitable. The truth is, you can not pay your taxes. I've done it, and there's consequences, but it can be done. Death you're not going to get out of, and you kind of got to deal with it.
Put simply, the rich pay a lot of taxes as a total percentage of taxes collected, but they don't pay a lot of taxes as a percentage of what they can afford to pay, or as a percentage of what the government needs to close the deficit gap.
The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.
April is tax month. If you are having trouble filing your taxes, then you should hire an accountant. They'll give you the same advice that they've given hundreds of corporations - taxes are for douche bags.
Americans for Tax Reform is a national taxpayer organization dedicated to opposing any and all tax increases. We work at the national, state and local level for lower taxes, less government spending and limited government.
'Green' cannot be allowed to become an excuse for stealth taxes. And nor should 'green taxes' be about punishment. Instead, they should represent a switch of emphasis. So if domestic flights are taxed, it should be on the absolute condition that the ...
I'm not for a temporary war tax. We're putting actual dollars in one way or the other, and so if we're gonna look at taxes, we ought to look at a comprehensive tax reform policy.
I'm anti-tax, but I'm pro-carbon tax.
You don't pay taxes - they take taxes.
Ultraconservatism is, to me, so illogical. Everywhere you go, conservatives want to cut, cut, cut, cut - cut money for powerless people. So, that's the biggest problem I have with them.
If I tax them, in fact, I'm not taxing the capitalists, I am taxing the people who have saved, trusted. It was very controversial, those sorts of things. But finally, it worked out.
In my view, until the U.S. tax policy is revised, not just tax extenders but the reform of tax policy, it makes it very attractive for us to invest on acquisition overseas.
As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes.
We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?
We all know what the problems are: it's tax and spend. One party will tax and spend, the other party won't tax but will spend. It's both of them together.
Everyone else is parsing it in terms of lowering the corporate income tax. Eliminate it. It's not that big of a generator of income, and it's a double tax. Get rid of it, and you would have an explosion of hiring.
