A Quote by Michael Madigan

My view is that taxation ought to be based upon ability to pay. — © Michael Madigan
My view is that taxation ought to be based upon ability to pay.
The liberals who demanded equality of taxation on behalf of the poor, for instance, did not imagine that they would obtain progressive taxation to the disadvantage of the well-off, and that they would end up with an arrangement in which taxes are voted by those who do not pay them.
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.
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.
Money is time made tangible - the time invested in the earning of it. Taxation is the confiscation of the earner's time. Although some taxation is necessary, all taxation diminishes freedom.
Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated a progressive taxation system - so if people do receive large salaries, they pay more income tax.
Taxation is robbery based on monopoly of weapons
I don't really fight for money. I don't really care about the pay-per-view. The reason why I love fighting on free TV on FOX as opposed to pay-per-view is because the demographic is a lot broader.
It's all about the Benjamins, I got a Pay Per View and I should be on Pay Per View.
There's no reason why fiscal responsibility is a Democrat or a Republican point of view. It ought to be all of our points of view.
Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.
One thing I want to emphasize is that, like any human being, we can discuss our view of the economy and the market. Fortunately for our clients, we don't tend to operate based on the view. Our investment strategy is to invest bottom up, one stock at a time, based on price compared to value. And while we may have a macro view that things aren't very good right now - which in fact we feel very strongly we will put money to work regardless of that macro view if we find bargains. So tomorrow, if we found half a dozen bargains, we would invest all our cash.
Whoever influences the child's life ought to try to give him a positive view of himself and of his world. The child's future happiness and his ability to cope with life and relate to others will depend on it.
At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.
I'm not boring. I used to be the guy that sells the most pay-per-view before Conor McGregor, so I don't think I'm boring. If I would be boring people would not buy my pay-per-view.
It is the small owner who offers the only really profitable and reliable material for taxation. He is made for taxation.
I think you pay people based on their work and not based on gender. It's that simple.
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