Keep your eye on how much the government is spending, because that is the true tax.
- Milton Friedman - Topics: Tax, Government, Debt.
There is no such thing as an unbalanced federal budget. You are paying for it. If you're not paying for it in the form of explicit taxes, you're paying for it indirectly in the form of inflation or in the form of borrowing.
- Milton Friedman - Topics: Inflation, Government, Debt, Tax.
The hardest thing in the world to understand is income tax.
- Albert Einstein - Topics: Tax, Government.
The government takes your money away with taxes and then hires people to bother you even more.
- Marc Faber - Topics: Tax, Regulation, Politics, Government.
Governments are like primitive cannibals feasting on a great treasure trove of sheeple. You can't force them out, and you can't vote them out. But you can sure as hell starve them out. When enough people pick up and leave, essentially voting with their feet, it accelerates the system crash.
- Simon Black - Topics: Tax, Government.
The problem is not that people are taxed too little, the problem is that government spends too much.
- Ronald Reagan - Topics: Tax, Government.
A government big enough to give you everything you want, is strong enough to take everything you have.
- Thomas Jefferson - Topics: Government, Tax.
Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.
- Ludwig von Mises - Topics: Tax.
One thing is clear: The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.
- Ron Paul - Topics: Tax, Government.
You have to keep government spending as a fraction of our income. If you do that, you can stop worrying about the debt.
Be thankful we're not getting all the government we're paying for.
- Will Rogers - Topics: Tax, Government.
Taxation is theft, purely and simply.
- Murray N. Rothbard - Topics: Tax.
An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole doctrine of interventionism collapses when this fountain is drained off. The Santa Claus principle liquidates itself.
- Ludwig von Mises - Topics: Tax, Socialism, Government, Debt.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.
- Ronald Reagan - Topics: Politics, Government, Regulation, Tax.
All taxes discourage something. Why not discourage bad things like pollution rather than good things like working or investment?
- Lawrence Summers - Topics: Tax.
Socialism works fine until you run out of someone else's money.
- Margaret Thatcher - Topics: Tax, Socialism, Government.
By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
- John Maynard Keynes - Topics: Tax, Inflation, Government, Fiat Currency.
They tell us that the government can spend and spend without taxing at all, that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves". Such pleasant dreams in the past have always been shattered by national insolvency or a runaway inflation. All government expenditures must eventually be paid out of the proceeds of taxation and inflation itself is merely a form, and a particularly vicious form, of taxation.
- Henry Hazlitt - Topics: Monetary Policy, Inflation, Government, Tax.
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation.
- Ludwig von Mises - Topics: Tax, Monetary Policy, Government, Debt.
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