Peter Maxwell Davies Quotes

When corporations get special handouts from the government, subsidies and tax breaks, it costs you. It means you have to pay more in taxes to make up for these hidden expenses, and government has less money for good schools and roads, Medicare and national defense and everything else you need.

The government is also looking at further benefits including enhanced capital allowances; the use of Tax Incremental Finance; and extra help from UK Trade and Investment on inward investment and trade opportunities.

Reagan didn't put anything off the table, if he felt it was for the good of the American people to tweak the tax system.

It is not true that I oppose government funding of the arts.

I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this.

I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It's a little bit phantom money.

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.

There is no difference, in fairness or economics, between lowering taxes on a favored group and spending money on a favored group.

People who receive mortgage tax relief … do not consider themselves to be benefits of government largess and can thus blithely talk about the government as something irrelevant to their lives except as a tax burden.

We have a tax code that favors debt over equity.

it's not only companies who can undermine fair competition. Governments can do it, too. And governments do that when they hand out subsidies to just the favorite few, the selected. They may do that when they hand out subsidies -- and, of course, all financed by taxpayers -- to companies. That may be in the form of special tax treatments, like the tax benefits that firms like Fiat, Starbucks and Apple got from some governments in Europe. Those subsidies stop companies from competing on equal terms. They can mean that the companies that succeed, well, they are the companies that got the most subsidy, the ones that are the best-connected, and not, as it should be, the companies that serve consumers the best.

Developers play one of us off the other, forcing us to reduce our taxes to attract their development. Everyone is being forced to reduce their tax level to a point where it's not economical.

The revenue derived from a graduated income tax should be applied to the reduction of the burden of taxation now levied upon the domestic industries of this country.

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

… the rules of big business … have superseded the teachings of our parents and are reducible to a simple maxim: Get a monopoly; let Society work for you: and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation”

Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others.

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.

… perhaps we are awakening to the realization that if individuals can no longer patronize the arts in the way they did in the old days, we may come to a time where the public will undertake to do this for its own pleasure and profit.

Contrary to Mr. Trump’s claim that the United States is one of the most taxed nations, only South Korea, Chile, and Mexico, among O.E. C. D. countries, collect less in tax revenue as a share of the economy. That means that the American budget for things like prenatal care, low income housing, and worker training is simply not up to the task.

Arthur Laffer has taught us, 'If you tax something, you get less of it.' That's why firms are moving offshore in droves. It's not about being unpatriotic. It's that it doesn't pay, after-tax, to invest in the United States.

The best way to get more tax from the rich is to cut rates. The best way to deliver more jobs for the less well off is to cut tax.

It doesn't cost money to let people keep more of their own money. It costs money to spend money you don't have, but that's another issue.

If you need a tax credit to compete, you are probably not that competitive.

The childcare tax credit makes some sense.