Posts Tagged ‘tax’
Next Page »Henry Hazlitt: Must Pay Inflation Tax
on Tuesday, November 29, 2022Meaning of Henry Hazlitt Money Quote: saying inflation is a kind of tax that must be payed by all. Henry Hazlitt said:
“Inflation is a form of tax, a tax that we all collectively must pay” — Henry Hazlitt
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Ronald Reagan: Higher Inflation Bill
on Monday, November 28, 2022Meaning of Ronald Reagan Money Quote: saying when any person or business spends more than they earn, it means bankruptcy. However, government does it and collects taxes to cover it. Inflation results.. Ronald Reagan said:
“When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident” — Ronald Reagan
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Warren Buffett: Paying Income Tax
on Saturday, November 12, 2022Meaning of Warren Buffett Money Quote: saying those paying taxes are not taxed on capital gains, dividends. Warren Buffett said:
“We’re paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don’t take that from me on capital gains. They don’t take that from me on dividends” — Warren Buffett
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Robert A. Heinlein: Tax Receipt
on Sunday, November 6, 2022Meaning of Robert A. Heinlein Money Quote: saying Following requirements, rules, and instructions as a member of society. Robert A. Heinlein said:
“Do this. Don’t do that. Stay back in line. Where’s tax receipt? Fill out form. Let’s see license. Submit six copies. Exit only. No left turn. No right turn. Queue up and pay fine. Take back and get stamped. Drop dead— but first get permit” — Robert A. Heinlein
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Elias Rodriquez: Fining the Poor
on Wednesday, September 21, 2022Meaning of Elias Rodriquez Money Quote: saying most local government fund services with taxes, but when that fails, cities fine the poorest citizens instead. Elias Rodriquez said:
“In the absence of the tax dollars city governments rely on, Americans are now funding themselves by fining the poor instead of taxing the rich” — Elias Rodriquez
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Mae West: Tax Wages of Sin
on Saturday, May 28, 2022Mae West Money Quote saying the IRS has no interestin taxing the wages of sin, so it keeps all income. Mae West said:
“When it comes to finances, remember that there are no withholding taxes on the wages of sin” — Mae West
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Marco Rubio: Transparent Spending
on Monday, January 3, 2022Marco Rubio Money Quote saying it would be good to post online how tax money is spent so everyone can see what they are buying. Marco Rubio said:
“We need transparency in government spending. We need to put each government expenditure online so every Floridian can see where their tax money is being spent” — Marco Rubio
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Dan Price: Effective Tax Rate
on Friday, December 3, 2021Dan Price Money Quote saying Elon Musk net worth is over $300 Billion Dollars and pays an effective tax rate of less than 5% No Salary would earn that much in a lifetime. Dan Price said:
“Elon Musk just became the first person in the history of civilization to be worth $300 billion. If your salary was $1 million a year and you never spent any of it you would reach his current $302B net worth 302,000 years from now. He pays an effective tax rate of 3.3%” — Dan Price
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