Accelerated depreciation helps companies bring forward capital-intensive investments by reducing payback time. It's not a hand out. Companies still have to pay the tax, but they simply get to defer it.
We do not commonly see in a tax a diminution of freedom, and yet it clearly is one.
The hardest-hit taxpayers in our disgraceful tax system are those folks who pack Trump's rallies, especially in hard-hit Rust Belt states like Ohio and Michigan.
One tax dodge often used by multi-national companies is to squirrel their earnings abroad in foreign subsidiaries located in countries where taxes are lower.
Developing countries are losing significant tax revenues through corporate tax dodging.
Tax reductions are usually simpler and less distortive. I'm certainly willing to look at getting rid of tax deductions/credits, and go to dramatically reduced rates.
My early years as a political activist were dominated by the poll tax.
There's a lot to be said for expanding the Earned Income Tax Credit.
You replace it by 23 percent tax, a frank, transparent tax embedded in the cost at retail, and everybody gets to takes their whole check home. And the average income earner gets a 50 percent increase in take-home pay.
I think it's smart for the United States to have some kind of tax revenue for international earnings - if that tax were reasonable.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Why not just eliminate the federal income tax?
A gas tax could be one important element of an integrated energy policy.
I'm anti-tax, but I'm pro-carbon tax.
I don't like the repeal of the estate tax.
In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.
In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.
The Eva Longoria who worked at Wendy's flipping burgers - she needed a tax break. But the Eva Longoria who works on movie sets does not.
I was never charged with tax evasion. I've never been a tax protester.
When, as an individual, you are not paying taxes, it is evasion. As a corporate, it is legal shrewdness or tax engineering.
