Monday, November 29, 2010

SPEAKING OF TAXES

I am off to the Baltimore area to visit my uncle for a few days.

I thought you might enjoy reading some of my favorite quotes, in no particular order, about the federal income tax:

The nation should have a tax system that looks like someone designed it on purpose.” - William Simon

"As a citizen, you have an obligation to the country's tax system, but you also have an obligation to yourself to know your rights under the law and possible tax deductions -- and to claim every one of them." – Former IRS Commissioner Donald Alexander

The only difference between death and taxes is that death doesn't get worse every time Congress meets.” - Unknown

"The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing." - Jean-Baptiste Colbert

When a new source of taxation is found it never means, in practice, that an old source is abandoned. It merely means that the politicians have two ways of milking the taxpayer where they had only one before.” - H.L. Mencken

“A person doesn't know how much he has to be thankful for until he has to pay taxes on it.” ~Author Unknown

"Congress thinks it is a lot easier to trim the taxpayers than expenses." – Author Unknown

"It is the legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or altogether avoid them, by any means which the law permits." - US Tax Court

"Our tax code is so complicated, we've made it nearly impossible for even the Internal Revenue Service to understand." – Former Treasury Secretary Paul O’Neill

"The hardest thing in the world to understand is the income tax." Albert Einstein

"The United States is the only country where it takes more brains to figure your taxes than to earn the money to pay it." Former Florida Senator Edward J Gurney

"A friend is one who takes you to lunch even if you're not tax deductible." – Jack Benny

"If Patrick Henry thought that taxation without representation was bad, he should see how bad it is with representation." - Farmer's Almanac

"The tax code last year included 2.8 million words. The Holy Bible itself has only about 775,000 words. Obviously, God did not need to issue such copious instructions for living as we currently have for complying with tax laws." – Senator Orrin Hatch

"The taxing power of government must be used to provide revenues for legitimate government purposes. It must not be used to regulate the economy or bring about social change." – Ronald Reagan

"A tax loophole is something that benefits the other guy. If it benefits you it is tax reform." – Former Senator Russell B Long

"I'm proud to be paying taxes in the United States. The only thing is - I could be just as proud for half the money." – Arthur Godfrey

"The income tax has made liars out of more Americans than golf." – Will Rogers

TTFN

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