Country Quote by Austan Goolsbee

“LLCs are allowed to elect S-corp taxation by filing Form 2553.”

— Mike Piper

You cant tax business. Business doesnt pay taxes. It collects taxes.

— Ronald Reagan

You can’t tax business. Business doesn’t pay taxes. It collects taxes.

— Ronald Reagan

One in four corporations doesn't pay any taxes.

— Bernie Sanders

You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here's…

— Paul Ryan

Corporations use all sorts of complex stratagems to move their profits overseas, and thus escape the U.S. income tax.

— T.R. Reid

The corporate income tax, in particular, is a tax that puts American corporations at a disadvantage.

— Ken Buck

We need to get a business tax system that makes us competitive to the rest of the world.

— Gary Cohn

If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that…

— Austan Goolsbee

An across-the-board, top-to-bottom cut in personal and corporate income taxes ... to expand the incentives and opportunities of private expenditures.

— John F. Kennedy

Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast…

— George Will

The problem for new businesses isn't corporate taxes. Anyone who has actually started a new business knows you don't make enough money for years…

— Glenn Kelman