Lindsey Graham Quotes

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

There's always another loophole to get out of the tax code.

Most large companies structure their affairs so that they minimize their tax payments. As long as you do it within the law, it's OK.

Whenever you find a tax loophole, someone else is going to call it a tax incentive.

You can close [tax] loopholes, but people will always find new ones.

We can’t write a tax law that their lawyers can’t get around.

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

The money is with people who have taken advantage of every single break in the tax code.

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

Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.

People can also change the timing of when they earn and receive their income in response to government policies.

'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.

The really rich people figure out how to dodge taxes anyway.

The avoidance of tax may be lawful, but it is not yet a virtue.

Over and over again courts have said that there is nothing sinister in so arranging one's affairs so as to make taxes as low as possible. Everybody does so, rich or poor, and do right, for nobody owes any public duty to pay more taxes than the law demands. Taxes are enforced exactions, not voluntary contributions.

They rich hire lawyers and accountants for a reason when it comes to taxes. That is to slip the bill and stick you with it.

It’s not easy to get rid of tax loopholes. The reason they are there is that people wanted them there.

Many people are smart enough to know how to manage themselves out of the estate tax.

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

I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.

The tax code gives you an enormous advantage if you can find some things you can just sit with.

People like Donald Trump can take all the money that's made from a TV show, from selling neckties made in China, running golf courses, and wipe out that income for tax purposes with depreciation. Only a narrow segment of people qualify for this.

A Tax Loophole: A deduction that the other guy gets.

One in four corporations doesn't pay any taxes.

I have no interest in becoming a tax exile and living somewhere I don't want to - I just want to be at home with my family.