Posts Tagged ‘taxes’

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Michael McShane: Toilet Taxes

Posted by admin on Sunday, November 22, 2020

Michael McShane Money Quote saying government contractors overcharge for basic equipment, so why not use inflated goods when paying taxes. Michael McShane said:
 
I owe the government $3,400 in taxes. So I sent them two hammers and a toilet seat Quote
 

“I owe the government $3,400 in taxes. So I sent them two hammers and a toilet seat” — Michael McShane

 

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Austin O’Malley: Levying Taxes

Posted by admin on Friday, November 20, 2020

Austin O’Malley Money Quote saying that charging too much tax is dangerous. Austin O’Malley said:
 
In levying taxes and in shearing sheep it is well to stop when you get down to the skin Quote
 

“In levying taxes and in shearing sheep it is well to stop when you get down to the skin” — Austin O’Malley

 

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James Dale Davidson: Taxes Worn

Posted by admin on Sunday, September 6, 2020

James Dale Davidson Money Quote saying politicians aren’t satisfied with just taxing away money, but want souls of voters. James Dale Davidson said:
 
The politicians don't just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless. When you subsidize poverty and failure, you get more of both Quote

“The politicians don’t just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless. When you subsidize poverty and failure, you get more of both” — James Dale Davidson

 

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In this quote, James Dale Davidson is criticizing certain political philosophies and their effects. Specifically:

  • He argues that politicians do not just want citizens’ money through taxes, but also want to diminish people’s independence and self-reliance through overtaxation until they are “dependent and helpless.”
  • Davidson suggests that heavily “subsidizing poverty and failure” through welfare programs leads to more of both, as it does not incentivize self-sufficiency and can enable behaviors that contribute to economic troubles.
  • His view is that high taxes and open-ended support diminish personal responsibility and individual initiative in a way that erodes civil society by making people reliant on the government.

Overall, the quote conveys Davidson’s perspective that some political approaches aim not just to raise funds but also to expand control and influence over citizens by cultivating dependency, which he views as weakening personal sovereignty and societal strength over the long run.

Brian Cohen: Post Office Secure

Posted by admin on Monday, August 10, 2020

Brian Tyler Cohen Money Quote saying dozens of high-value documents, credit cards, tax forms are sent through the mail, but the Trump administration doesn’t believe ballots should be put at risk there. Brian Tyler Cohen said:
 
The post office is secure enough for millions of Americans to send taxes to the IRS every year, secure enough for stimulus checks, secure enough to send credit cards and passports and drivers licenses ... but not secure enough for ballots Quote
 

“The post office is secure enough for millions of Americans to send taxes to the IRS every year, secure enough for the government to mail out $1,200 stimulus checks, secure enough to send credit cards and passports and drivers licenses … but not secure enough for ballots. Got it” — Brian Tyler Cohen

 

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Brian Tyler Cohen is arguing that the postal service is secure enough to handle sending important documents like tax forms, stimulus checks, credit cards, and identification cards through the mail. However, he says that some claim it is not secure enough to handle mailing ballots, which he disagrees with.

The quote is criticizing the argument that voting by mail is insecure when the postal service is trusted with sending many other important and sensitive documents. Cohen is implying that claiming ballots cannot be mailed securely but these other items can be is an inconsistent position.

Alexandria Ocasio-Cortez: Bailout $

Posted by admin on Monday, March 30, 2020

Alexandria Ocasio-Cortez Money Quote saying the cruise ship business doesn’t pay any US taxes, but are asking for a financial rescue. Alexandria Ocasio-Cortez said:
 
The cruise industry registers as foreign companies to avoid paying US taxes. Now they want US bailout money. Now the same Republicans who say immigrants who pay US taxes shouldn’t get help are bending over backwards to give 🤑 to foreign companies who DON’T pay taxes. Insane Quote
 

“The cruise industry registers as foreign companies to avoid paying US taxes. Now they want US bailout money. Now the same Republicans who say immigrants who pay US taxes shouldn’t get help are bending over backwards to give 🤑 to foreign companies who DON’T pay taxes. Insane.” — Alexandria Ocasio-Cortez

 

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Robert Reich: Trump Tax Shafted

Posted by admin on Saturday, March 7, 2020


 
The [Trump] tax cut cost approximately  trillion dollars in lower taxes paid by corporations and wealthy Americans. Revenue did not increase to cover it. Instead, that  trillion has been added to the national debt, which continues to balloon. It's now over 3 trillion dollars Quote
 

“The [Trump] tax cut cost approximately $2 trillion dollars in lower taxes paid by corporations and wealthy Americans. Revenue did not increase to cover it. Instead, that $2 trillion has been added to the national debt, which continues to balloon. It’s now over $23 trillion dollars” — Robert Reich

 

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In this quote, Robert Reich is criticizing the impact of the Trump tax cuts passed in 2017.

He notes that the tax cuts resulted in about $2 trillion in lost tax revenue since corporations and wealthy Americans paid that much less in taxes. However, contrary to promises, overall tax revenue did not increase to make up for this loss. Instead, the $2 trillion was added to the national debt.

Reich points out the debt has now ballooned over $23 trillion as a result. He appears to be arguing that the tax cuts failed to pay for themselves as projected and significantly increased the government’s debt burden rather than boosting the economy as promised.

Reich views this outcome as evidence that the tax cuts did not achieve their stated goals and have negatively impacted the national debt.

They said the [Trump] tax cut would raise wages and most workers would get an immediate ,000 pay increase. More baloney. Most workers got practically nothing. Instead, corporate profits have gone to the top: to CEOs, who last year got an average pay increase of over  Million dollars Quote
 

“They said the [Trump] tax cut would raise wages and most workers would get an immediate $4,000 pay increase. More baloney. Most workers got practically nothing. Instead, corporate profits have gone to the top: to CEOs, who last year got an average pay increase of over $1 Million dollars” — Robert Reich

 

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In this quote, Robert Reich is criticizing how the Trump tax cuts did not deliver on promises to significantly raise wages for most workers. He notes that while the tax cuts were touted as leading to an immediate $4,000 pay increase for workers, in reality most workers saw practically no benefit.

Instead, Reich argues that corporate tax savings from the cuts went towards higher profits and compensation for CEOs, whose pay increased on average by over $1 million.

By pointing out this disparity between what was pledged for ordinary workers versus what top executives received, Reich aims to show the tax cuts did little for average Americans while greatly enriching those already at the top.

Overall, he views the quote as evidence that the tax plan failed to “trickle down” the way was promised by its proponents.

Bill Murray: Downside to Riches

Posted by admin on Friday, February 7, 2020

Bill Murray Money Quote saying the worst thing about being rich is that family asks for cash, but fame brings lots of work. Bill Murray said:
 
There aren't many downsides to being rich, other than paying taxes and having relatives asking for money. But being famous, that's a 24 hour job right there Quote
 

“There aren’t many downsides to being rich, other than paying taxes and having relatives asking for money. But being famous, that’s a 24 hour job right there” — Bill Murray

 

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Walter Cronkite: Increasing Taxes

Posted by admin on Monday, November 4, 2019

Walter Cronkite Money Quote saying with a journalist’s perspective that cutting taxes seems as though it would have the opposite effect of the stated goal. Walter Cronkite said:
 
It seems to me that instead of cutting taxes, we ought to be increasing the taxes to pay off the deficit, rather than build up to the point where our grandchildren's grandchildren are going to be paying for our years at the helm Quote
 

“It seems to me that instead of cutting taxes, we ought to be increasing the taxes to pay off the deficit, rather than let that thing build up to the point where our grandchildren’s grandchildren are going to be paying for our period of time and our years at the helm” — Walter Cronkite

 

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Birthday November 4, 1916 – Died July 17, 2009

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