A Quote by Calvin Coolidge

There is no escaping the fact that when the taxation of large incomes is excessive, they tend to disappear.

Calvin Coolidge

Quote Topics

Disappear Escaping Excessive Fact Large Taxation Tend

Quote Author

Calvin Coolidge
American - President
July 4, 1872 - January 5, 1933

Large companies are not going to disappear. Multinational companies with tens of thousands of employees are not going to disappear. In fact, many of them are getting larger because they can benefit from economies of scale.

Daniel H. Pink

People with lower incomes tend to give a greater percentage of their incomes to help others and show greater empathy and compassion - perhaps because they know they might face the same circumstances.

Kavita Ramdas

Most politicians are ever eager to regulate industrial and commercial activity and strike at the economic elite with confiscatory taxation. Unfortunately, regulation and taxation tend to hamper economic activity, inhibit productivity, and depress levels of living.

Hans F. Sennholz

Excessive taxation . . . will carry reason & reflection to every man's door, and particularly in the hour of election.

Thomas Jefferson

I believe that there should be a very much heavier progressive tax on very large incomes, a tax which should increase in a very marked fashion for the gigantic incomes.

Theodore Roosevelt

Those jobs flee other states because of factors like excessive taxation, punitive regulation and frivolous lawsuits.

Rick Perry

It is a well known and very important fact that America's founding fathers did not like taxation without representation. It is a lesser known and equally important fact that they did not much like taxation with representation.

John Kenneth Galbraith

At the beginning of a dynasty, taxation yields a large revenue from small assessments. At the end of the dynasty, taxation yields a small revenue from large assessments.

Ibn Khaldun

Close loopholes, close the special interest Washington carve outs and that means more incomes subject to taxation so we`re going to lower the rates on our businesses and be fair.

Paul Ryan

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.

Andrew Mellon

Venti is twenty. Large is large. In fact, tall is large and grande is Spanish for large. Venti is the only one that doesn't mean large. It's also the only one that's Italian. Congratulations, you're stupid in three languages.

Paul Rudd

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.

Andrew Mellon

Photos tend to organize chaos, to define what we're doing here. It is essential that individuals' voices depict the world around us, as we are increasingly controlled by large institutions, large companies and large systems.

Martin Parr

Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.

Ludwig von Mises

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

Ludwig von Mises

Governments first of all have been able to amass, through the taxation process, large sums of capital which they have redistributed to persons or groups, already large holders of capital, through official subsidies.

Immanuel Wallerstein

A Quote by Calvin Coolidge

Quote Topics

Quote Author

Related Quotes

Related Authors