Corporate Taxation Quotes

In 2013 Citigroup had profits of $6.4 billion in the United States. They paid no federal income tax and, in fact, received a rebate from the IRS of $260 million. That same year J.P. Morgan had $17.2 billion in profits in the U.S. They also paid no federal income tax. Do you think it's time for tax reform?

It's not Apple's fault that they're seeking to avoid paying taxes. They're not lying, cheating or stealing. They're following the rules that were created by governments. If the government doesn't like the rules, they can change them.

Friends, I'm angry about what's happening in politics today! Why is it wrong to ask the wealthiest people and most profitable corporations to pay their fair share?

Ireland cannot become the collector general for the world. We can only tax on profits generated in the country here.

I think President Obama has used the bully pulpit as a way to attack capitalism.

Less Government in Business and More Business in Government

The corporate welfare state derived from an approach to economic development which worships at the shrine of the gross national product.

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

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.

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

I think for some, the very wealthiest among us, for corporations, taxes are too low.

I do think corporations should pay their tax.

Corporate share prices should not be driven by political tax games. Profits, not Washington shenanigans, should be the mother's milk of stocks. And this shouldn't be a partisan political issue.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. People are people.

I know that on trade and on enforcement and rules of origin, on autos, on issues like taxation, on outsourcing of jobs, I know that - and on Wall Street reform, Hillary Clinton's going to do the right thing.

The number one thing in this world that has brought people out of poverty is the ease of doing business. And it's getting harder and harder and harder. I mean, you basically have the Democrats out there saying I should pay more and more taxes on the profits I make.

A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward.

No president can force shuttered mills to reopen, or companies who've left in search of cheaper labor to relocate to the United States (or those who have come back to choose expensive humans over cheaper robots).

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.

We must reign in overspending by ridding government of outmoded programs, making Big Oil pay their fair share, repealing massive tax breaks for corporations that ship jobs overseas, and enacting a tax code that no longer favors millionaires and billionaires.

The average member of the public thinks of 'business' as an impersonal corporate entity, owned by the very rich and managed by over-paid executives.

The British people overwhelmingly favour big businesses and the wealthiest individuals contributing their fair share so we can invest in our schools, hospitals and services.

What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.

The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike.