At a certain point, you can't tax people beyond a certain level.
If you tax too high, the revenue will yield nothing.
Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
Of course, we all have to be taxed, but once you start to earn more than £150,000, and start paying 45 per cent tax, you are penalised. It is like a witch hunt.
71 percent of the American people think that the federal government should take no more than 20 percent of anybody's paycheck no matter how much they make.
Senator McCain believes there ought to be a limit to how much the government can take from anybody, and he believes that today with the federal tax rate at 35 percent that that's more than the government ought to be taking from any individual regardless of how much they make.
No nation in history has ever survived a tax burden that reached a third of its national income.
Exempt all from taxation below a certain point, and ... tax the higher portions of property in geometrical progression as they rise.
The imposition of taxes has its limits. There is a maximum which cannot be transcended. Suppose the citizen to be taxed by the general government to the utmost extent of his ability, or a thing as much as it can possibly bear, and the state imposes a tax at the same time, which authority is to take it?
History shows that when the taxes of a nation approach about 20 percent of the people's income, there begins to be a lack of respect for government.... When it reaches 25 percent, there comes an increase in lawlessness.