Tax Strategies Quotes

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.

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.

We don't have any miraculous way of avoiding taxes at Wesco and Berkshire.

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.

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

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

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.

Let's talk about how to fill out your 1984 tax return. Here's an often overlooked accounting technique that can save you thousands of dollars: For several days before you put it in the mail, carry your tax return around under your armpit. No IRS agent is going to want to spend hours poring over a sweat-stained document. So even if you owe money, you can put in for an enormous refund and the agent will probably give it to you, just to avoid an audit. What does he care? It's not his money.

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

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

'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.

The World's Richest Cop.

Many people are smart enough to know how to manage themselves out of the estate tax.

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

A Tax Loophole: A deduction that the other guy gets.

I have no interest in becoming a tax exile and living somewhere I don't want to - I just want to be at home with my family.

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

Trump's tax returns - his tax returns showed he went through a very difficult time, but he used the tax code just the way it's supposed to be used. And he did it brilliantly.

You grow up, no one really teaches you about taxes, especially as an athlete.

I don't blame anybody for using the tax code to their advantage.

People can also change the timing of when they earn and receive their income in response to government policies.

I'm not gonna give the British Government the joy of keeping taxing me. They don't tax art. And all my cars are just a collection of art.

If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.

From what little is known of Mr. Trump's tax returns, he used losses to offset virtually all of his taxable income for years by generating something called net operating loss carry-overs.

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