Quotes & Sayings About Goods And Services Tax

No politician or party favours waste and inefficiency, and every government tries to reduce both
but tax cuts on the promise of ending the gravy train almost never find enough gravy. Of course efficiency matters, waste must be attacked, and of course it matters how both taxes and spending are organized, but despite the highly publicized incidents of misspending that seem to dominate the pages of our mainstream media and disproportionately shape our perceptions, the numbers about waste never add up, and the consequences of tax cuts on public goods and services are always worse than promised. — Alex Himelfarb

In this session, bills on merchant shipping amendment, motor vehicles amendment and the constitutional amendment bill for goods and services tax were introduced in the Lok Sabha — Anonymous

Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free. — Lawrence Wright

CFR's Renewing America initiative - from which this book arose - has focused on those areas of economic policy that are the most important for reinforcing America's competitive strengths. Education, corporate tax policy, and infrastructure, for example, are issues that historically have been considered largely matters of domestic policy. Yet in a highly competitive global economy, an educated workforce, a competitive tax structure, and an efficient transportation network are all crucial to attracting investment and delivering goods and services that can succeed in global markets. The line between domestic economic policy and foreign economic policy is in many cases now almost invisible. Building a more competitive economy for the future requires that our political leaders - not just in Congress and the White House but also in state and local governments - understand how their policy choices can affect the choices of companies that can now invest almost anywhere in the world. — Edward Alden