Lindsey Graham Quotes

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

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

Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes.

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

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.

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

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

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.

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

One in four corporations doesn't pay any taxes.

A one-time tax does not get figured into people's investment decisions.

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.

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.

'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.

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.

Politicians and economists figure out an elaborate system of tax and economic incentives and then every body else figures out a way to beat it

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

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

I am not evading tax in any way, shape or form. Now of course I am minimizing my tax and if anybody in this country doesn't minimize their tax they want their heads read because as a government I can tell you you're not spending it that well that we should be donating extra.

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

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

Income splitting is not a wise investment for Canadians.

I did not use a Cayman Island entity to avoid paying taxes for myself.

I was shocked to see that some of the very wealthiest people in the country have organised their tax affairs, and to be fair it's within the tax laws, so that they were regularly paying virtually no income tax. And I don't think that's right.

I do not think we should tax people to a point where they are looking for tax loopholes and getting their money out of the country.