George Harrison Quotes
Let me tell you how it will be. There's one for you, nineteen for me. Cause I'm the taxman.
Harrison, George. "Taxman." Revolver, Parlophone, 1966.
There are two reasons that government cannot depend on the rich for tax yield. First, there are very few rich compared to middle class workers. Although the rich person may pay more on the average in taxes, than others, there are not enough to cover all the expenses of a modern government. Second, because the rich make larger policitcal contributions and have lobbyists, they get legislation that exempts them from many taxes or provides loopholes. So even though the wealthy are theoretically supposed to pay a higher rate of taxes, as a practical matter, most wealthy people pay a lower tax rate than their secretaries or the waiter who will serve them lunch—the Buffet Principle.
This became known as the Buffet Principle—that the very rich should not pay a lower tax rate than the workers who make far less money than they do. President Barack Obama used this principle by name in calling for the 2011 Jobs Act which would eliminate some of the loopholes and exemptions by which the rich could avoid some or much or their tax obligation.
George Harrison MBE was an English musician, singer-songwriter, and music and film producer who achieved international fame as the lead guitarist of the Beatles. Sometimes called "the quiet Beatle", Harrison embraced Indian culture and helped broaden the scope of popular music through his incorporation of Indian instrumentation and Hindu-aligned spirituality in the Beatles' work. Although the majority of the band's songs were written by John Lennon and Paul McCartney, most Beatles albums from 1965 onwards contained at least two Harrison compositions. His songs for the group include "Taxman", "Within You Without You", "While My Guitar Gently Weeps", "Here Comes the Sun" and "Something".
