Giving subsidies is a two-edged sword. Once you give it, it's very hard to take away subsidies. There's a political cost to taking away subsidies.
I'm making a lot of money. I should be paying a lot more taxes. I'm not paying taxes at a rate that is even close to what people were paying under Eisenhower. Do people think America wasn't ascendant and wasn't an upwardly mobile society under Eisenhower in the '50s? Nobody was looking at the country then and thinking to themselves, "We're taxing ourselves into oblivion." Yet there isn't a politician with balls enough to tell that truth because the whole system has been muddied by the rich. It's been purchased.
Warren Buffett's company reportedly owes the IRS a billion dollars in back taxes. When he said he wasn't paying enough taxes, he wasn't kidding.
'Simplifying' the tax code is a priority mainly for people who make enough money to want to avoid paying taxes, and who make their money by means unorthodox enough to make avoiding taxes possible and desirable.
There's nothing wrong with paying taxes; they should be paid in proportion to how rich you are. This idea that you're going to get better growth by cutting taxes at the top has no historical justification. And it's certainly not an argument in favor of capitalism.
If I ran for president, the first thing I'd do is legalize everyone who's been here paying taxes, working, paying taxes. Mothers and fathers of kids born in the U.S. should get a green card.
In one week, I went from being a girl who owed a guy thousands of dollars - my manager Anthony was paying for my outfits, paying for my food; I was sleeping in his parents' basement - to taking meetings with every major label in America. The next morning, I had a record deal and wrote him a cheque to pay back all that money.
Is it wrong to love another man? Of course not. It's not. And is it wrong to love your son, marry your son, to avoid paying taxes? Of course the people that would probably do this are people on the left who want everybody to pay more taxes.
A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings.
I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.
Tax is a big expense. And I wouldn't mind paying taxes a lot less if our politicians knew how to spend the money, but they don't. They waste the money.
Would I feel comfortable with Hillary Clinton taking care of my money down there? That I pay the taxes, corporate taxes down there? I wouldn't feel comfortable at all. They've just continuously spent money and people are up to here with it.
I commend the parents who are sending their children to a Catholic school, because they're making a sacrifice, and they're paying twice for their child's education: They're paying the tuition, and they're paying taxes.
I dislike paying taxes as much as anyone, but yes, taxes are the price of civilization. There is no America without taxes. The question isn't, "Do we want to have taxes?" The question is, "How heavy is the burden, and who bears that burden"?
The reason the Greeks don't pay taxes is they don't trust where their taxes are going, because they know these other Greeks are taking money from the state for doing nothing. So it's - it's an essentially corrupt society.
A lot of people in the western world don't realize how much taxes limit their options. You can end up paying almost half your income in taxes, which basically means you're working for the government for 180 days a year. I think I can find better ways to use the money I make for the benefit of society.