Posts Tagged ‘income tax’

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Will Rogers: Russia Income Tax

Posted by admin on Saturday, September 12, 2020

No Russian Income Tax
 
Will Rogers Money Quote saying that there isn’t any tax on income in Russia because there isn’t any income. Will Rogers said:
 
There is no income tax in Russia. But there's no income Quote
 

“There is no income tax in Russia. But there’s no income” — Will Rogers

 

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In this humorous quote, Will Rogers is wryly commenting on the economic system in Russia at the time he said it. By stating “There is no income tax in Russia. But there’s no income”, Rogers is jokingly pointing out that while people may not have to pay income taxes, it is because citizens do not actually earn much money to tax in the first place.

His play on words suggests the lack of an income tax is more due to the lack of a functioning free market economy and individual wealth, rather than a principled stance against taxation.

Overall, the quote shows Rogers using his trademark wit to satirize Russia’s struggling economy through this clever turn of phrase comparing income and taxes.

Birthday: November 4, 1879 – August 15, 1935

Nat King Cole: Figure Income Tax

Posted by admin on Monday, March 16, 2020

Nat King Cole Money Quote saying one thing baffles him – that is the income tax. Nat King Cole said:
 
There's just one thing I can't figure out. My income tax! Quote
 

“There’s just one thing I can’t figure out. My income tax!” — Nat King Cole

 

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In this quote, singer Nat King Cole is expressing humorous exasperation and confusion about doing his income taxes. As a highly successful entertainer, Cole likely had to navigate a complex tax situation with multiple income streams.

His statement suggests even he, with considerable financial resources, still found completing his tax return perplexing or difficult to understand fully.

The overall interpretation is that Cole is jokingly acknowledging, through his famous crooning voice, that the tax system can be challenging to navigate and calculate taxes owed, even for wealthy individuals with accountants. The lighthearted tone conveys that doing taxes was a universal source of mild frustration.

Ron Paul: Bad Income Tax Year

Posted by admin on Thursday, April 13, 2017

Ron Paul Money Quote saying he’s opposed to any year that has anything to do with taxes and suggests the IRS makes 1913 unlucky. Ron Paul said:
 
1913 wasn't a very good year. 1913 gave us the income tax, the 16th amendment and the IRS Quote
 

“1913 wasn’t a very good year. 1913 gave us the income tax, the 16th amendment and the IRS” — Ron Paul

 

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In this quote, Ron Paul is expressing his negative view of the year 1913 in U.S. history. The best interpretation is:

  • 1913 saw the passage of the 16th Amendment, which established Congress’ power to impose and collect income taxes from U.S. citizens.
  • This led to the creation of the Internal Revenue Service (IRS) to administer the collection of income taxes.
  • Paul believes these developments marked a significant expansion of federal power over citizens that has had long-lasting negative impacts.
  • He sees the income tax and the IRS as burdensome institutions that give the government intrusive oversight into Americans’ financial lives and earnings.
  • The overall message is Paul’s libertarian perspective that 1913 ushered in oppressive taxation policies and a powerful tax collection agency that undermine individual economic freedom and privacy according to his view.

Albert Einstein: Income Tax Hardest Thing

Posted by admin on Thursday, April 14, 2016

Albert Einstein Money Quote saying even genius finds the tax code difficult to comprehend. Albert Einstein said:
 
The hardest thing in the world to understand is the income tax Quote
 

“The hardest thing in the world to understand is the income tax” — Albert Einstein

 

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This quote suggests that Albert Einstein found the income tax system to be extremely complex and difficult to understand fully. He appears to be commenting on the numerous deductions, exemptions, tax brackets, and other intricacies that make calculating one’s income tax liability a challenging task.

Einstein is likely implying that the income tax code has so many nuances and caveats that even a brilliant mind like his struggled to comprehend it completely. In short, he viewed the income tax system as being among the most complicated things for a person to grasp.

Birthday: March 14, 1879 – April 18, 1955

Arthur C. Clarke: Honesty Bathroom Scale

Posted by admin on Monday, March 28, 2016

Arthur C. Clarke Money Quote saying we are more apt to lie about our weight than to fudge our tax returns. Arthur C. Clarke said:
 
The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale Quote
 

“The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale” — Arthur C. Clarke

 

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This quote from Arthur C. Clarke is making a humorous comment about honesty and self-awareness. It suggests that a person’s true level of honesty may be better judged not by the accuracy of their tax return documents, but rather by how honestly they set the “zero adjust” point on their bathroom scale.

By setting the scale to read a lower weight than their actual weight, it implies someone is being dishonest with themselves about their appearance or health. So in essence, Clarke is saying that while income taxes attempt to gauge financial honesty, the real test is one’s willingness to face reality without self-deception, as represented humorously by whether one is truly objective when weighing themselves.

Laurence J. Peter: Tax Powers of Deduction

Posted by admin on Sunday, March 20, 2016

Laurence J Peter funny tax quote saying we don’t use our ability to figure out how to keep more money doing anything but our taxes. Laurence J Peter said:
 
Few of us ever test our powers of deduction, except when filling out an income tax form Quote
 

“Few of us ever test our powers of deduction, except when filling out an income tax form” — Laurence J. Peter

 

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This quote suggests that completing an income tax form requires deductive reasoning skills to properly report one’s income and expenses. However, the process often involves more gathering of documentation and following instructions than actual deduction.

A deeper interpretation could be that Laurence J. Peter saw the income tax system as overly complex, requiring taxpayers to think carefully about how different items on their tax return interact with each other in sometimes non-obvious ways.

In any case, the quote highlights that filling out a tax form can provide an opportunity, however inconvenient it may seem, to exercise our mental faculties of deduction and logical thinking.

Birthday: September 16, 1919 – Death: January 12, 1990

Bill Archer on Uprooting Income Taxes

Posted by admin on Thursday, April 10, 2014

Bill Archer Money Quotation saying after passing complex tax laws as a former Congressman, that we need to start from scratch with fair taxation. Bill Archer said:
 
The current tax system is defended by no one. I don't believe it can be fixed. We must tear the income tax out by its roots so that it can never grow back Quote
 

“The current tax system is defended by no one. I don’t believe it can be fixed. We must tear the income tax out by its roots so that it can never grow back” — Bill Archer

 

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This quote from Bill Archer suggests that he viewed the existing U.S. income tax system as so fundamentally flawed and broken that it could not be reformed or repaired through incremental changes. The best interpretation is that Archer believed the income tax needed to be abolished entirely and replaced with an alternative system to prevent its problems from recurring.

He appears to be implying the income tax had deep-rooted issues that would persist unless it was uprooted completely to stop further growth of those underlying defects. Archer seems to take the position that the tax code required wholesale replacement, not piecemeal fixes, in order to establish sustainable tax policy going forward. His aim was to design replacement legislation that could prevent a similarly troubled system from reemerging in the future.

David Rockefeller: Check for IRS Kindness

Posted by admin on Sunday, April 17, 2011

David Rockefeller Money Quotation saying the rich rarely owe taxes because legislators have designed a system that allows them to avoid paying any money to the government – still they do pay to deflect criticism and engender good will. David Rockefeller said:
 
You know, gentlemen, that I do not owe any personal income tax. But nevertheless, I send a small check, now and then, to the Internal Revenue Service out of the kindness of my heart Quote
 

“You know, gentlemen, that I do not owe any personal income tax. But nevertheless, I send a small check, now and then, to the Internal Revenue Service out of the kindness of my heart” — David Rockefeller

 

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In this quote, David Rockefeller is acknowledging that as a very wealthy businessman, he technically did not owe any personal income tax. However:

  • He notes that despite being legally exempt, he occasionally sends small voluntary payments to the IRS “out of the kindness of his heart.”
  • This suggests he recognizes the tax system benefits the country overall, even if he himself was not required to pay income taxes personally.
  • His payments seem intended as a gesture of goodwill and contribution to the system that helped enable his success, rather than out of any legal obligation.

Overall, the message is that Rockefeller is making a wry comment about his privileged tax situation, but also expressing an understanding of his role and responsibilities within the broader economy and society that the tax system supports. The quote conveys a nuanced perspective on taxes from an extremely wealthy individual.

Birthday: June 12, 1915 – Death: March 20, 2017

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