Rana Foroohar Quotes

Americans spend much of their adult lives paying taxes in various forms. We should end this practice of paying a tax that is triggered only by debt.

We're going to look awfully stupid if we give income tax relief to people who do not pay income taxes.

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.

Its no secret that I've never liked tax credits.

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

If a company in Australia has to pay tax and the other one doesn't, of course it's a disadvantage.

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.

But let me perfectly clear, because I know you'll hear the same old claims that rolling back these tax breaks means a massive tax increase on the American people: if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.

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

Texans should not be taxed on our taxes.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

I think we're pretty much where we need to be on corporate taxes.

The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.

The number of business leaders who asked me to lower their taxes can be counted on one hand.

Everybody gets ticked off about GE paying no taxes. Look, we have a complicated, convoluted tax system. And only big corporations and wealthy individuals like Warren Buffett can take advantage of it. We need to simplify and flatten the code, get rid of all the loopholes.

I'm not for raising taxes on anyone - period.

Capital gains tax reduction is the ultimate now-nowism.

When the federal government promises no new taxes, they're promising no new federal taxes.

We need a tax code where everyone pays his fair share.

I don’t think our tax system is very equitable.

No average citizen in America today can figure out the tax code.

There is no serious statistical evidence in support of the view that tax rates at current levels have a major disincentive effect on economic growth.

Let me tell you, the heart of my tax proposal: I will not raise taxes on the American people. I will not raise taxes on middle-income Americans.

Raising the personal allowance is massively expensive. For the same amount of money, you could look at reducing the rate of tax.