Inheritance Tax; - it is, broadly speaking; a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue — Roy Jenkins
A heavy progressive or graduated income tax. — Karl Marx
Inheritance taxes are so high that the happiest mourner at a rich man's funeral is usually Uncle Sam. — Olin Miller
Inheritance taxes are so high that the happiest mourner at a rich man's funeral is usually Uncle Sam. — Richard Miller
The avoidance of taxes is the only intellectual pursuit that still carries any reward. — John Maynard Keynes
A government debt is a government claim against personal income and private property - an unpaid tax bill. — Hans F. Sennholz
The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed. — Mike Fitzpatrick
Having a lower tax, simpler, fairer, flatter tax system is something that can drive growth. — Rishi Sunak
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising. — Austan Goolsbee
You don't pay taxes - they take taxes. — Chris Rock
Let’s cut the top rates of stamp duty to enable more movement to take place and also looking at the broader tax reform, simplifying our tax system. — Liz Truss
Inflation is a tax, and that tax can only be imposed by governments. — Russell Napier
The key to building wealth is to preserve capital and wait patiently for the right opportunity to make the extraordinary gains. — Victor Sperandeo
Your investment belongs to the market and your profits belong to you. — Vijay Kedia
Short Capital Gains Tax Quotes
To accumulate any wealth, you must invest at a growth rate higher than inflation. — Naved Abdali
Income tax returns are the most imaginative fiction being written today. — Herman Wouk
A tax cut means higher family income and higher business profits and a balanced federal budget. — John F. Kennedy
The politician's promises of yesterday are the taxes of today. — William Lyon Mackenzie King
The politician's promises of yesterday are the taxes of today. — Mackenzie King
Lottery: A tax on people who are bad at math. — Ambrose Bierce
Thrift is of great revenue. — Marcus Tullius Cicero
Lottery: A tax on people who are bad at math. — Anonymous
The way to build long-term returns is through preservation of capital and home runs. — Stanley Druckenmiller
Capital Gains Tax Image Quotes
Integrity is choosing your thoughts and actions based on values rather than personal gain.
Capital Gains Quotes
I was originally supposed to become an engineer but the thought of having to expend my creative energy on things that make practical everyday life even more refined, with a loathsome capital gain as the goal, was unbearable to me. — Albert Einstein
All the academic studies will show you that the fear of loss of capital is far greater than the enjoyment of gains. — Larry Fink
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
The man who has confidence in himself gains the confidence of others.
Aggregating all supply and allowing that supply to compete for audiences is how all platforms gain their power. — Jeff Booth
State capitalism is about more than emergency government spending, implementation of more intelligent regulation, or a stronger social safety net. It's about state dominance of economic activity for political gain. — Ian Bremmer
Millions of people are competing for each available dollar of investment gain. Who’ll get it? The person who’s a step ahead. — Howard S. Marks
Respect is earned, Honesty is appreciated, Love is gained and Loyalty is returned.
Risk is an essential element in the quest for capital gain. Don’t be dismayed by a loss. Recognise it as one of your costs on the way to a net gain. — Thomas Phelps
The most important thing in life is not simply to capitalize on your gains. Any fool can do that. The important thing is to profit from your losses. That requires intelligence, and makes the difference between a man of sense and a fool. — Dale Carnegie
Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate. — John C. Bogle
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands. — Warren Buffett
Estate Taxes Quotes
I believe in a graduated income tax on big fortunes, and in . . . a graduated inheritance tax on big fortunes, . . . increasing rapidly in amount with the size of the estate. — Theodore Roosevelt
Real estate is more than just appreciation of properties because in real estate, you get the physical asset, you get cash flow, and you get tax breaks. — Jaspreet Singh
In real estate, many investors love triple net leases. With NNN's investors receive income without the expenses of taxes, repairs and insurance. The tenant covers these costs. — Robert Kiyosaki
You gain strength, courage and confidence by every experience in which you really stop to look fear in the face... You must do the thing you think you cannot do.
Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position. — Bill Gates
The biggest industrial sector next to real estate is oil, gas and other mineral resources. They don't report any taxable income, because if you depict yourself as earning a profit, you have to pay a tax on it. So, it's all about what accountants choose to declare as profit. — Michael Hudson
I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation. — Paul Ryan
Society is not only defined by what it creates, but by what it refuses to destroy.
You can never really own real estate for instance; if you think you can, just try not paying your property taxes for a few years. — Michael Maloney
I support exemptions from the estate tax to ensure that when Maine farm owners die, their families will be able to continue to farm the land that they have protected and lived on, often for generations. — Tom Allen
It is no secret that our tax code is drastically outdated and burdensome to all Americans. Fortunately, more and more people are aware daily of the inequities that arise from things such as the estate tax, and it has come to the forefront of Congress' agenda. — Jeff Miller
Donald Trump has said that his 15 percent rate would apply to all businesses. And if that's the case, billionaire real estate magnets will get a very big tax cut. — Donald Trump
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
Don't fight a battle if you don't gain anything by winning.
What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump. — Chris Hayes
We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die. — Liam Fox
Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion. — Roger Wicker
I believe capital gains, for the most part, should be taxed the same way we tax income from hard work, sweat, and toil. And if we do those things, we can be a country that actually can afford debt-free college again. — Hillary Clinton
Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes. — Burton Malkiel
If people want capital gains taxed more like the highest rate on income, that's a good discussion. Maybe that's the way to help close the deficit. — Bill Gates
The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero. — Herman Cain
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it. — Warren Buffett
In almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system. — Michael Parenti
The ceiling on taxation of capital gains reflects the national belief that speculation is a more worthwhile way to make a living than work. — Calvin Trillin
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes. — Michael Bloomberg
The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy. — John F. Kennedy
You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains. — Carlos Slim
I would favor three policies: raising the minimum wage to $12, closing the tax loophole where persons only pay a 15% income tax on long term capital gains (tax it at the full tax rate), and institute a progressive tax moving the highest tax rate from 39.6% to 45%. I would favor implementing these three policies in that order, starting with raising the minimum wage, but not stopping there. — Philip Kotler
In real estate you can avoid ever having to pay a capital gains tax, decade after decade, century after century. When you sell a property and make a capital gain, you simply turn around and buy a new property. The gain is not taxed. It's called "preserving your capital investment" - which goes up and up in value with each transaction. — Michael Hudson
We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. — Warren Buffett
If Hillary [Clinton] is elected, is she going to be able to jack up taxes with virtually no deductions, and include capital gains? Unless democrats have a clean sweep of Congress, I don't think that's going to happen either. — Gary Shilling
I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates). — Warren Buffett
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
While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry. — William J. Bernstein
Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. — Grover Norquist
A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in. — Fred Thompson
I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. They take from the woman who comes in and takes the wastebaskets out. — Howard Warren Buffett
Make no mistake, the point of cutting the personal income tax and the capital gains cut is to send an unmistakable message to business leaders. — Bill Richardson
There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder. — Andrew Tobias
When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains. — Rob Portman
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain. — Warren Buffett
Imagine his delight after it 'leaked' that he will propose raising taxes on the wealthy by $320 billion over the next 10 years, including increases to the capital gains and inheritance taxes. — John Podhoretz
I believe the tax on capital gains should be zero. — Mitt Romney
I will eliminate capital-gains taxes for the small businesses and the startups that will create the high-wage, high-tech jobs of tomorrow — Barack Obama
I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income. — Allen West
I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000. — Mitt Romney
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