Julian Robertson Quotes

Any reduction in the corporate tax rate must also come with closing loopholes that have allowed the largest businesses in our country to pay less than they owe.

The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage.

Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.

It's not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It's because our system is set up to block tax reform.

I don't think we should reduce the corporate tax rate.

The United States already has the highest corporate tax rate in the world.

The whole tax code should be looked at, all the way from farm subsidies to carried interest to - to corporate loopholes, because we really need to raise more revenue.

Tax reform is a once-in-a-generation opportunity.

Everyone else is parsing it in terms of lowering the corporate income tax. Eliminate it. It's not that big of a generator of income, and it's a double tax. Get rid of it, and you would have an explosion of hiring.

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

Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.

If every country tries to race towards the lowest [tax] rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.

I think there's a lot of Democrats that would favor reducing the corporate tax rate as long as we find a way to close loopholes so we have a way to pay for it.

I have long argued that in the modern world, corporation tax has had its day as a major source of tax revenue.

Almost everyone agrees that corporate tax rates need to be cut because of global competition. Companies should not be able to stash earnings overseas tax-free.

God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.

We have to reduce the tax burden, whether it's income tax for corporations or private individuals, and we should put a freeze on property taxes.

Get rid of the preferences and the special deductions and the loopholes... and invest in getting the tax rate to a competitive level so we stop seeing companies move off shore.

Taxing companies, particularly successful multinational companies, is one of the most progressive forms of taxation.

Trickle-down economics does not work, and tax reform should not be defined as partisan tax cuts for the wealthy and huge corporations.

The 'fiscal cliff' is a ruse, an invention by the right and the rich, to try and keep their huge tax breaks.

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

In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

Everyone now has a sacred cow in the tax code. For my money, the most sacred thing of all is our country and its growth, but the sacred cows have turned into a pack of wolves.