Federal Income Tax Quotes & Sayings

As income taxes and capital-gains taxes were reduced in the United States beginning in the 1980s, the share of federal taxes paid by "the rich" steadily went up. From 1980 to 2010, as the top 1 percent increased their share of before-tax income from 9 percent to 15 percent, their share of the individual income tax soared from 17 percent to 39 percent of the total paid. Their share of total federal taxes more than doubled during a period when the highest marginal tax rate was cut in half, from 70 percent to 35.5 percent. The wealthy, in short, are already paying more than their fair share of taxes, and the growth in their wealth and incomes has had nothing to do with tax avoidance or deflecting the tax burden to the middle class. — James Piereson

No matter what federal program one selects - Social Security, Medicare, Medicaid, the drug war, the income tax and the IRS, education, foreign interventions and wars - they are all a giant mess. — Jacob G. Hornberger

The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government. — Ron Paul

In general, anyone who paid the long distance telephone tax will get the refund on their 2006 federal income tax return. This includes individuals, businesses and non-profit organizations. — Virgil Goode

You take the huge income that comes with a big gas tax, and you use it to pay off regressive taxes like the FICA [Federal Insurance Contributions Act] tax. You can help the poor in other ways besides giving them cheap gas. You want to send the message that people want to be as efficient as possible using gasoline until we can transition away from that need entirely. — Paul R. Ehrlich

I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions. — Ralph Hall

100% of what is collected is absorbed solely by interest on the Federal Debt ... all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government. — Ronald Reagan

The federal government is often said in militia circles to have made wholesale seizures of power, at times by subterfuge. A leading grievance holds that the 16th Amendment, which authorizes the federal income tax, was ratified through fraud. — Barton Gellman

I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. 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. They take from the woman who comes in and takes the wastebaskets out. — Howard Warren Buffett

Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues. — Mike Pence

During the twentieth century, however, the size, scope, and power of government exploded. Total government spending increased from 6.73 percent of GDP in 1906 to 37.79 percent of GDP in 2014.[2] The dollar has lost more than 95 percent of its value due to the inflationary policies of the Federal Reserve. Top marginal income tax rates have been as high as 94 percent. Entitlement programs now constitute more than 60 percent of the federal budget. And businesses are hog-tied by more than 175,000 pages of red tape in the Code of Federal Regulations. What — Michael Dahlen

Conventional wisdom on government's role in inequality often has it backwards. Tax reforms have resulted in a more progressive federal income tax; government transfer payments have become less progressive. — Paul Ryan

If we stuck to the Constitution as written, we would have: no federal meddling in our schools; no Federal Reserve; no U.S. membership in the UN; no gun control; and no foreign aid. We would have no welfare for big corporations, or the "poor"; no American troops in 100 foreign countries; no NAFTA, GAT, or "fast-track"; no arrogant federal judges usurping states rights; no attacks on private property; no income tax. We could get rid of most of the agencies, and most of the budget. The government would be small, frugal, and limited. — Ron Paul

Henceforth, federal, state, and local governments shall make no law nor establish any program that transfers general tax revenues to some citizens and not to others, whether those transfers consist of money or in-kind benefits. All programs currently providing such benefits are to be terminated. The funds formerly allocated to them are to be used instead to provide every citizen with a Universal Basic Income beginning at age twenty-one and continuing until death. The maximum annual value of the grant at the program's outset is to be $13,000, of which $3,000 must be devoted to catastrophic health insurance. — Charles Murray

All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent. — Thomas Piketty

In the name of short-term stimulus, he [Obama] will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government. — Dick Morris

As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes. — Luis Gutierrez

I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year. — Carly Fiorina

A tax cut means higher family income and higher business profits and a balanced federal budget ... As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance. — John F. Kennedy

Yet, individuals and corporations in Puerto Rico pay no federal income tax. — Dick Thornburgh

History lesson, folks: The tax system we have today - the one we've come to know and love - began ninety-four years ago as a (drum roll, please) flat tax! The monstrosity you see today is a flat tax on income after nearly a century of very imperfect evolution. At first, only a very small percentage of Americans were asked to pay income tax. In fact, that's how they sold it to us - as a tax on the rich!
Well, that all changed with World War II. The cost of the war effort led to an expansion of those who paid federal income taxes - and we were off to the races. The tax code was flattened again, if you will, in 1986. Since that time it has been amended 16,000 times. We now have more than 67,000 pages of statutes and regulations - which helps explain why, last year, nearly two-thirds of all tax filers had to seek professional help with their tax return. — Neal Boortz

Why not just eliminate the federal income tax? — Gore Vidal

Our federal income tax law defines the tax y to be paid in terms of the income x; it does so in a clumsy enough way by pasting several linear functions together, each valid in another interval or bracket of income. An archeologist who, five thousand years from now, shall unearth some of our income tax returns together with relics of engineering works and mathematical books, will probably date them a couple of centuries earlier, certainly before Galileo and Vieta. — Hermann Weyl

When two working people decide to marry, their federal income tax is usually increased. As soon as one spouse earns at least 20 percent of a married couple's total income, the couple pays a 'marriage tax.' ... The United States is the only major industrialized nation in the free world in which the tax cost of the second [married] earner's entry into the work force is higher than that of the first. On one hand, our government's social policy is to help working women earn equal salaries to those of men, but on the other we have a tax structure that penalizes them when they do so. — Millicent Fenwick

Let's abolish the IRS, let's eliminate income tax, let's eliminate corporate tax, let's balance the federal budget, and if we need a tax, it can be one federal consumption tax. — Gary Johnson

According to the federal government's own figures, the top 1 percent of U.S. wage earners were responsible for 68 percent of all federal tax receipts in 2011. Not just federal income tax, mind you, all federal taxes. — Mary Katharine Ham

The strategy worked like a charm, and in 1980 Jimmy Carter was swept away like offal by the "Reagan Revolution," which ushered in eight years of berserk looting of the federal treasury and the economic crippling of the middle class. That was the eighties, folks. That was the feeding frenzy of the New Rich, who found themselves wallowing in excess profits as their maximum income tax rate got chopped down to 31 percent and who were welcomed like brothers in the White House at all hours of the day or night. — Hunter S. Thompson

Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits. — Bernie Sanders

I found that I was getting a warm reception for my message of freeing you from the income tax, releasing you from Social Security, ending the insane war on drugs, restoring gun rights, and reducing the federal government to just its constitutional functions. — Harry Browne

The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid. — Tom Anderson

The more the state gives to its citizens, the less they have to earn. That is the basic concept of the welfare state - you receive almost everything you need without having to earn any of it. About half of Americans now pay no federal income tax - but they receive all government benefits just as if they had paid for, i.e., earned them. — Dennis Prager

Eastern Washington families and businesses should be able to deduct every penny of state and local sales tax they pay throughout the year from their federal tax bill, especially when people in most states are deducting their state income taxes. — Cathy McMorris Rodgers

Puerto Rico loses out on billions of dollars annually because it is treated unequally under a range of federal programs, including tax credits available to millions of households in the States that do not pay federal income taxes. — Pedro Pierluisi

In 2013 Citigroup had profits of $6.4 billion in the United States. They paid no federal income tax and, in fact, received a rebate from the IRS of $260 million. That same year J.P. Morgan had $17.2 billion in profits in the U.S. They also paid no federal income tax. Do you think it's time for tax reform? — Bernie Sanders

The latest Congressional Budget Office figures show that the top 1 percent of income earners in the United States paid 39 percent of federal income taxes while earning 18 percent of pretax income and the top 5 percent of income earners paid 61 percent of federal income taxes while earning 31 percent of pretax income. Indeed, the top 40 percent of income earners paid 99.4 percent of federal income taxes. The bottom 40 percent of income earners paid no federal income tax and received 3.8 percent from the tax system. And the middle 20 percent of income earners pay only 4.4 percent of federal income taxes.3 — Mark R. Levin