11 quotes
In every place where there is no real tax system, such as Honduras or Afghanistan, there is no widespread wealth.
Perfectly Legal (2005)
For almost three decades corporate profits have been growing one third faster that corporate taxes.
Perfectly Legal (2005)
Many journalists rely for expert quotes on a dozen well-financed nonprofits that exist in Washington to promote policies that primarily benefit their rich donors.
Perfectly Legal (2005)
No serious coverage of taxes is possible without reading the journal Tax Notes published by Tax Analysts, a nonprofit enterprise whose beneficiaries include reporters.
Perfectly Legal (2005)
For... the political donor class, the system is being remade to serve their interests while disguising the changes as benefits for every American.
Perfectly Legal (2005)
A government that takes 90 cents out of each dollar above a threshold, as... in the Eisenhower years, is deciding to limit the wealth that people can accumulate.
Perfectly Legal (2005)
To pay for World War I... [t]he estate tax and the gift tax, which apply to wealth, were expanded and the income tax came to apply to a larger, but still minute, percentage of Americans.
Perfectly Legal (2005)
[T]axes are at the core of our democracy.
Perfectly Legal (2005)
The super rich... largely control what the government knows about their incomes. And their friends in Congress have slashed budgets for inspecting the tax returns...
Perfectly Legal (2005)
Inflation, combined with the end of real growth in wages beginning in 1973, created... "bracket creep" that moved people into higher tax brackets even if... real incomes were unchanged.
Perfectly Legal (2005)
Just as there is an underground economy of gardeners and handymen and petty merchants who get paid in cash and pay little or no taxes, there is also an underground economy among the super rich that lets them understate their true income and overstate their tax deductions.
Perfectly Legal (2005)