A Quote by Michael F. Easley
I had hoped to let the one-half cent sales tax sunset this year, but we do not believe revenues will grow as fast as we hoped for the rest of the year.
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Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.
Get a sales tax, small on necessities and large on luxuries; then a stiff inheritance tax on the fellow that saves and don't spend. That will get him either way. A tax paid on the day you buy is not as tough as asking you for it the next year when you are broke.
Its Christmas Eve! Its the one night of the year when we all act a little nicer, we smile a little easier, we cheer a little more. For a couple of hours out of the whole year, we are the people that we always hoped we would be.
I hoped to win a medal and hoped it would be gold. I knew I was good but didn't know I would be the one to score something that had never been done before.
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
I hoped, hoped, that maybe I'd be lucky enough to do something on Broadway, in the chorus.
Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year.
A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.
After that he turned to the question of invading England. Hitler said that during the previous year he could not afford to risk a possible failure; apart from that, he had not wished to provoke the British, as he hoped to arrange peace talks.
It was not the case that one thing morphed into another, child into woman. You remained the person you were before things happened to you. The person you were when you thought a small cut string could determine the course of a year. You also became the person to whom certain things happened. Who passed into the realm where you no longer questioned the notion of being trapped in one form. You took on that form, that identity, hoped for its recognition from others, hoped someone would love it and you.
God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.
If I had means, I would like to spend half a year in Palestine in order to contemplate what has been, and half a year in Poland in order to preserve what remains.
The sales tax is the best and most equitable tax. The gasoline tax, which is nothing but a sales tax, has proven painless, productive and punitive. Everything we buy should have its equal proportion of tax, outside of cheap food and cheap clothes.
He hoped and prayed that there wasn't an afterlife. Then he realized there was a contradiction involved here and merely hoped that there wasn't an afterlife.
You are smart people. You know that the tax cuts have not fueled record revenues. You know what it takes to establish causality. You know that the first order effect of cutting taxes is to lower tax revenues. We all agree that the ultimate reduction in tax revenues can be less than this first order effect, because lower tax rates encourage greater economic activity and thus expand the tax base. No thoughtful person believes that this possible offset more than compensated for the first effect for these tax cuts. Not a single one.
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