Taxes Quotes by Thomas Sowell

The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising…

— Thomas Sowell

High tax rates that people don't actually pay do not bring the government as much revenue as lower tax rates that they…

— Thomas Sowell

Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.

— Thomas Sowell

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things…

— Thomas Sowell

Someone once said that taxes are the price we pay for civilization. That may have been true when he said it, but…

— Thomas Sowell

The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move…

— Thomas Sowell

In liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in…

— Thomas Sowell

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

— Thomas Sowell

Another way of verbally masking elite preemption of other people's decisions is to use the word 'ask'-as in 'We are just asking…

— Thomas Sowell

Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a…

— Thomas Sowell

As taxpayers, we have quietly accepted the fact that our taxes will be spent to pay big bucks for all sorts of…

— Thomas Sowell

The question is not what anybody deserves. The question is who is to take on the God-like role of deciding what everybody…

— Thomas Sowell

More than half of all people filing income tax forms use someone else to prepare the forms for them. Then they have…

— Thomas Sowell

Liberals love to say things like, "We're just asking everyone to pay their fair share." But government is not about asking. It…

— Thomas Sowell

Egalitarians create the most dangerous inequality of all - inequality of power. Allowing politicians to determine what all other human beings will…

— Thomas Sowell

With various people complaining about "price gouging... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused…

— Thomas Sowell

High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders…

— Thomas Sowell

The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps,…

— Thomas Sowell

Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would…

— Thomas Sowell

Some people say that taxes are the price we pay for civilization. But the runaway taxes of our time are the price…

— Thomas Sowell

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax…

— Thomas Sowell

When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of…

— Thomas Sowell

With various people complaining about "price gouging?... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused…

— Thomas Sowell

The income tax has spawned an intrusive bureaucracy, creating so much complexity and red tape that millions of ordinary citizens have to…

— Thomas Sowell

What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone…

— Thomas Sowell

If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to…

— Thomas Sowell

People who thing that they are getting something for nothing, by having government provide what they would otherwise have to buy in…

— Thomas Sowell

“In 1962, Democratic President John F. Kennedy, like both Democratic and Republican Presidents and Secretaries of the Treasury in earlier years, pointed out…

— Thomas Sowell

The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions.…

— Thomas Sowell