Welcome to the fascinating world of Income Tax Quotes, where the complexities of taxation meet the wit and wisdom of wordsmiths from around the globe. Taxation, though often seen as a daunting and intricate subject, has inspired countless individuals to express their thoughts, frustrations, and even humor through insightful quotes. Whether you’re a seasoned taxpayer looking for a moment of levity or someone navigating the labyrinthine world of income tax for the first time, this collection of quotes will provide you with a fresh perspective on this crucial aspect of our financial lives.
Below, you’ll find a curated selection of thought-provoking and entertaining quotes related to income tax. Feel free to use these quotes in your presentations, social media posts, or personal projects. Whether you want to copy and paste them, overlay them on captivating images, or add a touch of style with different fonts, these quotes are here to inspire and inform. So, without further ado, explore the world of income tax through the words of thinkers, writers, and comedians, and let their insights guide you on your financial journey.
A lot of girls annoy me who go to university – one girl told me she was going to Oxford because it was something to do between leaving school and getting married. And I’ve got to pay for that being an income tax payer. Jeffrey Bernard
Hating the Yankees is as American as pizza pie, unwed mothers, and cheating on your income tax. Mike Royko
The unpopularity of raising corporate or personal income tax has been a straight jacket constraining Labour’s thinking on how best to invest and grow the economy. Barry Gardiner
1913 wasn’t a very good year. 1913 gave us the income tax, the 16th amendment and the IRS. Ron Paul
We’ve been prepared to make the arguments for lowering corporation tax, which is all about encouraging risk takers, encouraging entrepreneurs, and I observe that for the vast majority of the Labour government we had a top rate of 40 per cent income tax. It’s now higher, and I think we should look to get to a simpler, lower tax system. Liz Truss
The income tax created more criminals than any other single act of government. Barry Goldwater
On my income tax 1040 it says ‘Check this box if you are blind.’ I wanted to put a check mark about three inches away. Tom Lehrer
I don’t believe, the president doesn’t believe, that the high income tax cuts work, period. I don’t think the evidence supports that. Austan Goolsbee
And what’s interesting, and I don’t think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there. George W. Bush
In general, anyone who paid the long distance telephone tax will get the refund on their 2006 federal income tax return. This includes individuals, businesses and non-profit organizations. Virgil Goode
Though the Income Tax Act obliges even non-residents to pay tax on incomes earned in India, many foreign institutional investors avoided paying taxes citing the Double Taxation Treaty with Mauritius. Prashant Bhushan
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. John McDonnell
I got five kids – I claim three for income tax purposes. Tracy Morgan
If you have Trump avoiding income tax and money coming in, and then he’s still able to control it and use it as if it was his income to help his interests, then you’re starting to see a bigger legal problem. David Fahrenthold
I support a progressive state income tax. Lori Lightfoot
Taxes should be simple and fair… I’m not for increasing income taxes – if we even have an income tax. Virgil Goode
I found that I was getting a warm reception for my message of freeing you from the income tax, releasing you from Social Security, ending the insane war on drugs, restoring gun rights, and reducing the federal government to just its constitutional functions. Harry Browne
The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage. Ken Buck
I have not purposely gone out to try to avoid paying income tax. Harry Redknapp
Income tax returns are the most imaginative fiction being written today. Herman Wouk
Few Americans realize it, but the United Nations is driving to take control over the Internet. You remember, the folks who want a worldwide income tax and who put Syria and Iran on their Human Rights Committee. Arthur L. Herman
I was involved in the ‘reformicon’ effort in 2013-2014, which was explicitly, ‘We can’t just Xerox Reagan.’ In the spirit of Reagan, actually, we could rethink things – maybe we need to think more about job-training programs, earned income tax credit, adjust the tax code. Bill Kristol
The income tax is flawed for a number of reasons – it discourages economic growth and encourages a bloated government. Mark Skousen
I think the first thing we should do is abolish the income tax. Subramanian Swamy
There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as – the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, ‘Well, that’s a good thing for growth of the economy.’ Mitt Romney
The Joint Committee on Taxation estimated that in 2016, the corporate income tax raised $300 billion in revenue, while what it called ‘targeted subsidies’ cost about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant loss in revenue. James B. Stewart
For every day the government is shut down, it should be that we don’t have to pay income tax that day because they’re not working. Jesse Ventura
Here’s the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That’s not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country. Andrew Lloyd Webber
Obama and Clinton wrongly believe that the corporate income tax is a tax on the rich. The reality is that rich corporations don’t pay taxes – workers do. Lawrence Kudlow
No one making less than $250,000 under Barack Obama’s plan will see one single penny of their tax raised, whether it’s their capital gains tax, their income tax, investment tax, any tax. Joe Biden
No state income tax, no snow, lots of golf courses, and ready-made gated communities make Florida an irresistible place for seniors – the ones who have the income level – to retire. W. Kamau Bell
We vetoed five income tax increases during my time as governor. We cut business taxes $2.3 billion, and we cut regulation by one-third of what my predecessor put in place. Chris Christie
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. Barack Obama
As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes. Luis Gutierrez
Low-wage individuals barely get anything. I think we have to reward work, and I do think that we need to bump up the earned income tax credit to help low-wage workers. Mike Coffman
The hardest thing to understand in the world is the income tax. Albert Einstein
Here’s the question for my fellow Republicans: Do we want to be the first-ever GOP House majority to raise federal marginal income tax rates? John Fleming
The only imaginative fiction being written today is income tax returns. Herman Wouk
I still believe a majority of Republicans are for income tax cuts. Mary Fallin
I would like to electrocute everyone who uses the word ‘fair’ in connection with income tax policies. William F. Buckley, Jr.
I have always paid income tax. I object only when it reaches a stage when I am threatened with having nothing left for my old age – which is due to start next Tuesday or Wednesday. Noel Coward
Everyone else is parsing it in terms of lowering the corporate income tax. Eliminate it. It’s not that big of a generator of income, and it’s a double tax. Get rid of it, and you would have an explosion of hiring. Gary Johnson
In this country, we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax. Austan Goolsbee
When there is an income tax, the just man will pay more and the unjust less on the same amount of income. Plato
What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax. Arthur Laffer
We should be forced to give so many exemptions and concessions (inevitably to the benefit of high spending authorities in Inner London) that the flat-rate poll tax would rapidly become a surrogate income tax. Nigel Lawson
We’re going to look awfully stupid if we give income tax relief to people who do not pay income taxes. Joe Scarborough
We’ve outpaced Japan and Europe in creating new jobs, but there’s major competition from India and China. It’s not enough to make income tax cuts permanent. Ernest Istook
It was under Wilson, of course, that the first huge parts of the Marxist program, such as the progressive income tax, were incorporated into the American system. Robert W. Welch, Jr.
Let’s eliminate the income tax, which is one huge speed bump to long-term economic growth and recovery. Tate Reeves
I’ll tell you who doesn’t have any personal responsibility. Companies like General Electric and others who pay absolutely no income tax. Michael Moore
We definitely are a supporter of lowering corporate income tax and managing through the reprehension of cash for companies because we do think that’ll give them more ammunition to grow their businesses and expand what they do. Adena Friedman
A consumption tax, a national sales tax makes some sense. But I think that if we move towards a Fair Tax, if we move towards a national sales tax, we have to make sure that we do away with the income tax. Ken Buck
Yet, individuals and corporations in Puerto Rico pay no federal income tax. Dick Thornburgh
Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues. Mike Pence
The truth is, our corporate income taxes are some of the highest in the world, and frankly, in my judgment it’s unpatriotic if you’re not for reducing the corporate income tax. We want to make it so American companies are on a more level playing field competing with companies around the world. Jim Jordan
The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale. Arthur C. Clarke
As an economist, the only advice I can give the Modi government is to take some steps that will raise the morale of the consumer and investor. That means income tax abolition and reducing the annual interest rate to nine per cent. Subramanian Swamy
A fairer system bases itself on actual outcomes – if you earn more you pay more, through progressive income tax. John McDonnell
In the 1880s, people all over the world looked to America for inspiration. Its very existence was proof that it was possible to have a relatively free and peaceful country. No income tax, no foreign wars, no welfare state, no intrusions on civil liberties. Harry Browne
The only thing that hurts more than paying an income tax is not having to pay an income tax. Thomas Dewar
Instead of a universal basic income, we could have a basic income guarantee. Or, as economists prefer to call it, a negative income tax. Rutger Bregman
Why not just eliminate the federal income tax? Gore Vidal
California’s Depression-era lawmakers, who created our sales, use and personal income tax laws, thought it was wrong to double-tax goods and services. When drafting the state’s sales tax code, they used the precise phrase ‘tangible goods’ to avoid any excess taxation. Michelle Steel
I just filled out my income tax forms. Who says you can’t get killed by a blank? Milton Berle
I’ve got people handling the media. I employ at the moment two people. No-one is paying income tax on the money they use to employ people. Ken Livingstone
If I’m owed money, but I say, ‘Don’t pay me, pay my cousin. Don’t pay me, pay my charity,’ you can do that, but then the IRS requires that you pay income tax on that. It’s your income if you earned it and you directed where it went. If you exercised control over where the money went, you have to pay income tax on that. David Fahrenthold
We want your pre-field income tax returns to reach to you and we are working on it. We are also working to simplify GST returns. Anurag Thakur
No one has ever taken a serious stab at reducing fraud and cheating in Social Security, Medicare, food stamps, earned income tax credits, and so on. Trump will. Stephen Moore
There’s just one thing I can’t figure out. My income tax! Nat King Cole
Security concerns are especially high with regard to the e-filing of Income Tax returns that is rapidly being extended from commercial entities to individuals. Leading IT security experts and tax consultants are unhappy at the lack of security in e-filing of Income Tax returns. Sucheta Dalal
Ford’s federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits. Bernie Sanders
The answers to feeding hungry children is not fewer dollars to feed hungry children, it’s to do more. It is to raise the minimum wage. It is to increase, not dismantle, the earned income tax credit. It is to make college more affordable for more middle class families, not more expensive. These are the things that grow our middle class. Martin O’Malley
Arthur Laffer’s idea, that lowering taxes could increase revenues, was logically correct. If tax rates are high enough, then people will go to such lengths to avoid them that cutting taxes can increase revenues. What he was wrong about was in thinking that income tax rates were already so high in the 1970s that cutting them would raise revenues. Richard Thaler
I am not brave enough to not pay my income tax and risk going to jail. But I can say rather freely what I want to say with my art. Corita Kent
I am such a strong admirer and supporter of George W. Bush that if he suggested eliminating the income tax or doubling it, I would vote yes on first blush. Jerry Falwell
The income tax has made liars out of more Americans than golf. Will Rogers
If you want to leave move money in the hands of poor people, you cannot do it through personal income tax cuts. You have to just give them money. Abhijit Banerjee
We have to reduce the tax burden, whether it’s income tax for corporations or private individuals, and we should put a freeze on property taxes. Bruce Rauner
There are big winners in Paul Ryan’s ‘Roadmap,’ and you can guess who they are. He would cut taxes for the wealthy, completely eliminate the corporate income tax, and create a value added tax. Jan Schakowsky
An income tax form is like a laundry list – either way you lose your shirt. Fred Allen
You know, gentlemen, that I do not owe any personal income tax. But nevertheless, I send a small check, now and then, to the Internal Revenue Service out of the kindness of my heart. David Rockefeller
There’s a lot to be said for expanding the Earned Income Tax Credit. Pete Buttigieg
I have got gold secure all the time so income tax people will not be able to take the gold from my neck! Bappi Lahiri
The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we’re prepared to make a commitment today to bring down our future deficits. Timothy Geithner
The income tax is a twentieth-century socialist experiment that has failed. Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed. Alan Keyes
Speaking of tax fairness, it was Senator Kerry who voted to increase the income tax on senior citizens on Social Security, earning as little as $32,000 a year. William Weld
And my response is 70,000 people in the state of Maine that paid income tax in 2011 will not be paying income tax in 2012. Paul LePage
I like to say I’m more conservative than Goldwater. He just wanted to turn the clock back to when there was no income tax. Pete Seeger
To try and nick a few quid off the income tax… Why? I am not into that. I don’t need that. Harry Redknapp
Elections have to have at least a little meaning. Obama ran on income tax hikes for the wealthy. People knew they were voting for that. They ‘want’ that. And it’s good policy. Gail Collins
According to our Christian ethics, we’re supposed to love God, love each other and help take care of the poor. It is immoral to charge somebody making $5,000 an income tax. Bob Riley
Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax. Robert F. Engle
We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity. Ernie Fletcher
I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year. Carly Fiorina
In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There’s also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011. Arthur Laffer
When I started to pay income tax, I was 50 years old. Alejandro Jodorowsky
Many states rely on sales tax as their principle source of revenue and do not have a State income tax. William L. Jenkins
Rich people are so eccentric, and I don’t think people really realize. Especially by the turn of the century, they were living like rappers, and there was no income tax. They are some of the most fascinating people, and I am endlessly fascinated. Riki Lindhome
In income tax, there is no case for amnesty. P. Chidambaram
