A Quote by Kenneth Langone
I think I should pay more taxes... but everything they take from me should go to reduce the debt.
Related Quotes
I believe that hardworking people should retain as much of the money as they can in terms of the taxes that they pay. But I think everybody should pay their taxes.
Why should an atheist pay more taxes so that a church which he despises should pay no taxes? That's a fair question. How can the apologists for the church exemption answer it?
I don't know whether other people should or shouldn't pay taxes. I know I can, and I am willing, to pay more taxes. I know I should not get Social Security. I don't need it.
I think the rich should pay more in taxes - I agree with that 100 percent - but everybody should feel the pain a little bit.
People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.
I think liberals should accept that if we want big programs that significantly reduce inequality - and we should - it's going to require higher taxes on everyone. The rich can certainly do more, especially given their stupendous income increases since the Reagan era, but they can't do it all.
By the standards of honest, if unorthodox, accounting, government workers don't pay taxes, but are paid out of taxes. In other words, they pay taxes out of money confiscated from taxpayers, who, in turn, pay taxes twice: on their own income and on the income of members of the bureaucracy. At the very least, this should disqualify state workers from voting.
If you behave like a good citizen, and you upgrade and improve your property, your reward will be the government will take more money from you. So using that analogy, you should let your house become the shithole on the block and they'll reduce your taxes and you'll pay less. Be a bad citizen with your neighbors, right? You'll save money then.
There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.
People like me, whose income largely comes from dividends, should pay more taxes.
We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5 percent and pay down the government debt, pay back the federal debt because we can't put this on the next generation or they're going to be buried paying taxes.
My mum is slightly biased and feels everything I do is wonderful, but Dad was like, 'You should go ahead boldly, and I think you should do more films.' To me, that was some kind of acceptance.
You know what isn't class warfare? Progressive taxation, as in, say, expecting billionaires to pay at least as much in taxes as their secretaries. Ideally, in fact, they should pay more.
If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.
I would say you have an ethical obligation to pay the taxes that you owe, but you don't have an ethical obligation to pay taxes that you don't owe. In fact, you should be seeking ways to legally minimise your taxes.
People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.
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