Quotes & Sayings About Estate Taxes

The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other people from having opportunities. It may be good for a family, but for society it's probably not good. And I've always been in favor of having an estate tax. — Michael Bloomberg

Suggestion of the Communist Manifesto was 'abolition of all right of inheritance.' Looking backward upon the past history of estate taxes, we have to realize that they more and more have approached the goal set by Marx. Estate taxes of the height they have already attained for the upper brackets are no longer to be qualified as taxes. They are measures of expropriation. — Ludwig Von Mises

You can never really own real estate for instance; if you think you can, just try not paying your property taxes for a few years. — Michael Maloney

Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts. — Amity Shlaes

For example, "1031" is jargon for Section 1031 of the Internal Revenue Code, which allows a seller to delay paying taxes on a piece of real estate that is sold for a capital gain through an exchange for a more expensive piece of real estate. Real estate is one investment vehicle that allows such a great tax advantage. — Robert T. Kiyosaki

I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all. — Ari Fleischer

It's a big responsibility, too. Don't think being a duke is all fun and games. I have to ride out on the estate every day, beat the serfs, deliver babies in the spring, send around baskets of food at Christmas, collect taxes - I tell you, there's lots of work involved. Sometimes I wish I were one of the common people. Just sit around the cabin laughing and scratching. — Richard Bradford

That is what is so marvelous about Europe; the people long ago learned that space and beauty and quiet refuges in a great city, where children may play and old people sit in the sun, are of far more value to the inhabitants than real estate taxes and contractors' greed. — Ilka Chase

Taxes will eventually become a voluntary process, with the possible exception of real estate-the one physical thing that does not move easily and has computable value ... wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and nowhere. — Nicholas Negroponte

In 1818, Jackson spied a real estate opportunity in Florida. The opportunity was created by marauding Indians conducting raids from Spanish Florida. The Monroe administration sent Jackson to Florida to stop the raids. Jackson declared his purpose to "chastise" the Indians, which in his parlance meant to kill them. Although he had been specifically instructed to deal with the Indians and not occupy Spanish land, Jackson entered West Florida, captured Pensacola, appointed a governor there, and started collecting taxes. — Dinesh D'Souza

Estate taxes make every one of us nervous. If there's an owner who isn't, he has his head in the sand. — Dan Rooney

In real estate, many investors love triple net leases. With NNN's investors receive income without the expenses of taxes, repairs and insurance. The tenant covers these costs. — Robert Kiyosaki

Finally, Obama's remarks are carefully constructed to undermine the arguments of conservatives, who frame the social programs funded by taxation as government handouts to the undeserving. Obama flips the taxes-as-handouts frame on its head, to yield a frame in which tax breaks are handouts to the rich, and the estate tax is a transfer of wealth from ordinary taxpayers to wealthy individuals - a frame that tells a vital truth. It — George Lakoff

Another argument: The rich are job creators. They are helping the poor. If their taxes are cut, they can create more jobs. Ah, facts again. The rich actually tend to keep their money by buying prime real estate, yachts, art, and the like - things that will appreciate in value without giving back much to the economy as a whole. Moreover, the rich don't just give jobs out of the goodness of their hearts. Look at economics from the perspective of work: Working people are profit-creators. The rich only create jobs when they can get employees who can create profit for them. The poor create profit for the rich. Conservatives — George Lakoff

Among other strategies, he set up a "charitable lead trust" that enabled him to pass on his estate to his sons without inheritance taxes, so long as the sons donated the accruing interest on the principal to charity for twenty years. To maximize their self-interest, in other words, the Koch boys were compelled to be charitable. Tax avoidance was thus the original impetus for the Koch brothers' extraordinary philanthropy. As David Koch later explained, "So for 20 years, I had to give away all that income, and I sort of got into it. — Jane Mayer

Yessir, they's big money involved in this park fight, that's the story. Dyer's the mouthpiece for them east coast developers that has fought that park idea for years; them boys are workin day and night to grab that real estate before all them nature-lovers and such get the Glades nailed down by the federl gov'mint. You ain't seen all that stuff in the papers? Gettin the public fired up against the feds for wastin half of Florida on this big green nothin? Stead of sellin off that land and cuttin taxes? — Peter Matthiessen

Individual Greeks are delightful: funny, warm, smart, and good company. I left two dozen interviews saying to myself, "What great people!" They do not share the sentiment about one another: the hardest thing to do in Greece is to get one Greek to compliment another behind his back. No success of any kind is regarded without suspicion. Everyone is pretty sure everyone is cheating on his taxes, or bribing politicians, or taking bribes, or lying about the value of his real estate. And this total absence of faith in one another is self-reinforcing. The epidemic of lying and cheating and stealing makes any sort of civic life impossible; the collapse of civic life only encourages more lying, cheating, and stealing. Lacking faith in one another, they fall back on themselves and their families. — Michael Lewis

If you could extend the elective franchise to all persons of color who can read the Constitution of the United States in English and write their names and to all persons of color who own real estate valued at not less than two hundred and fifty dollars and pay taxes thereon, and would completely disarm the adversary. This you can do with perfect safety. And as a consequence, the radicals, who are wild upon negro franchise, will be completely foiled in their attempts to keep the Southern States from renewing their relations to the Union. — Andrew Johnson