A Quote by Ralph Waldo Emerson

If you tax too high, the revenue will yield nothing.

Ralph Waldo Emerson

Quote Topics

High Nothing Revenue Tax Too Will Yield

Quote Author

Ralph Waldo Emerson
American - Philosopher
May 25, 1803 - April 27, 1882

We must move from revenue-neutral to revenue-reducing tax reform, because the federal government spends far too much money.

Carly Fiorina

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

I'll give you a simple formula for straightening out the problems of the United States. First, you tax the churches. You take the tax off of capital gains and the tax off of savings. You decriminalize all and tax them same way as you do alcohol. You decriminalize . You make gambling legal. That will put the budget back on the road to recovery, and you'll have plenty of tax revenue coming in for all of your social programs, and to run the army.

Frank Zappa

High tax rates that people don't actually pay do not bring the government as much revenue as lower tax rates that they do pay.

Thomas Sowell

Using static scoring, tax cuts are broadly assumed to 'cost' a raw amount of reduced revenue. With dynamic scoring, the new revenue likely to flow from increased economic activity produced by a tax cut is considered, improving the accuracy of the projection.

John Delaney

The higher the yield, the higher the risk. A high yield is designed to attract investors. An outrageously high yield attracts fools.

Nancy Dunnan

In high-tax New York, in high-tax California, the governors of those states are constantly offering tax breaks, tax exemptions to any number of companies if they will locate in those states. The left does it all the time. We point it out every time we learn about it because it's hypocritical.

Rush Limbaugh

We are looking for a Wealth Tax that will bring in sufficient revenue to justify having a wealth tax.

Dick Spring

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.

T.R. Reid

I am very concerned about anything that says 'revenue' because let's just be honest; revenue for Democrats has become code for tax increases.

Jim Jordan

Both ground- rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents, and the ordinary rent of land are, therefore, perhaps the species of revenue which can best bear to have a peculiar tax imposed upon them.

Adam Smith

Yield to all and you will soon have nothing to yield.

Aesop

The poverty we see in America is now too widespread, and too complex, for easy fixes. But I do think we can reimagine many of our institutions and can create new ones in ways that would be effective. We could, for example, create social insurance systems, similar to social security, such as that we went through in 2008-9. We could create a financial transaction tax, oil profit taxes and a fairer estate tax system, and we could plow much of the revenue raised from these into job training programs, into better education infrastructure, into an expanded Earned Income Tax Credit.

Sasha Abramsky

I'm still one who says that we can get rid of the Internal Revenue Service if we would pass the fair tax, which is a tax on consumption rather than a tax on people's income, and move power back where the founders believed it should have been all along.

Mike Huckabee

Reflect how you are to govern a people who think they ought to be free, and think they are not. Your scheme yields no revenue; it yields nothing but discontent, disorder, disobedience; and such is the state of America, that after wading through up to your eyes in blood, you could only end up where you begun; that is, to tax where no revenue is to be found... all is confusion beyond it.