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Avoiding Quote by T.R. Reid

“The higher the rate, the more interest there is in avoiding the tax. Either you move or you shift your profits overseas, as American corporations have proven very good at doing.” quote by T.R. Reid — Download Open image

“The higher the rate, the more interest there is in avoiding the tax. Either you move or you shift your profits overseas, as American corporations have proven very good at doing.”

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More by T.R. Reid

We have the most expensive compliance system in the world. The IRS brags that they spend 35 cents for every $100 they collect. They're…

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President Trump repeatedly says that "America is the highest-taxed country in the world." This is an alternative fact. We pay less in taxes, and…

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The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a…

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“When I was traveling the world on my quest, I asked the health ministry of each country how many citizens had declared bankruptcy in…

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When it comes to taxation, Americans are still banging out letters on a typewriter and dropping them in the mail box while everybody else…

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If you get rid of all these giveaways and loopholes and deductions and credits, then you can sharply lower the rates.

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If you ask any economist, they'll tell you all the mortgage interest deduction does is raise the price of the house. So a couple…

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It turns out a VAT - a value-added tax - is a very easy tax to collect and a very hard tax to evade.…

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

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The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a…

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“But Nikki White was a citizen of the world’s richest country, the United States of America.”

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Starting in the '80s or so, after the United States sharply cut its rates, other countries decided they better do it too, and here's…

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Explore all 34 T.R. Reid quotes

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I know a bit about taxation and the remarkable effort that goes in to avoiding it.

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When you are in hard labor, remember that the length of labor is usually proportional to the number of people around. Avoid the presence…

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I don't believe in happy endings. Children have got to face death sooner or later. Granny and Grandpa die, dogs die, cats die, gerbils…

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Reading is sometimes an ingenious device for avoiding thought.

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A day can really slip by when you're deliberately avoiding what you're supposed to do.

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When someone starts Ignoring you, just back off without staying there with them Just to know the reason for avoiding..

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