Mitch Daniels Quotes

I know a bit about taxation and the remarkable effort that goes in to avoiding it.

We're going to look awfully stupid if we give income tax relief to people who do not pay income taxes.

The truth is, no one pays more tax than they have to.

Its no secret that I've never liked tax credits.

The legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or altogether avoid them, by means which the law permits, cannot be doubted

We have a tax code that favors debt over equity.

I believe that hardworking people should retain as much of the money as they can in terms of the taxes that they pay. But I think everybody should pay their taxes.

A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.

Who's on the case when it comes to the flat tax?

Accelerated depreciation helps companies bring forward capital-intensive investments by reducing payback time. It's not a hand out. Companies still have to pay the tax, but they simply get to defer it.

The only thing that hurts more than paying an income tax is not having to pay an income tax.

That's the biggest problem, is the tax code itself.

Businesses large and small shouldn't have to check the expiration date of a tax provision to see if it's still good.

'Simplifying' the tax code is a priority mainly for people who make enough money to want to avoid paying taxes, and who make their money by means unorthodox enough to make avoiding taxes possible and desirable.

It is my belief that tax credits only go to people who are making money, and they generally keep it.

The precise point at which a tax deduction becomes a 'loophole' or a tax incentive becomes a 'subsidy for special interests' is one of the great mysteries of politics.

We have points in common with the FDP, particularly when it comes to tax.

The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama has cut taxes 18 or 22 times for small business.

The number of business leaders who asked me to lower their taxes can be counted on one hand.

It's really American to avoid paying taxes, legally.

I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.

I don't feel under-taxed in any way at all.

That’s why the tax code is so long [76,000 pages]. So we can take advantage of it.

No average citizen in America today can figure out the tax code.