Top 22 Tax Savings Quotes
#1. There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings.
Rob Simmons
#2. The 1993 Social Security tax penalizes seniors who have planned for their retirement through savings, investment and hard work. That's wrong, and that's why the double tax on Social Security must end.
Rob Simmons
#3. We need a tax code that promotes savings, investment, achievement, innovation, and hard work.
Erik Paulsen
#4. Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
Thomas Sowell
#5. 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
#6. In the Iowa senate, I helped pass the largest tax cut in state history - returning over four billion dollars in savings and putting more money back in the pockets of hard-working Iowa families.
Joni Ernst
#7. We should expand health savings accounts so people can save in a tax-advantaged way for more routine healthcare needs.
Ted Cruz
#8. Economists have calculated that every dollar invested in high-quality home visitation, day care, and preschool programs results in seven dollars of savings on welfare payments, health-care costs, substance-abuse treatment, and incarceration, plus higher tax revenues due to better-paying jobs.37
Bessel A. Van Der Kolk
#9. If you've been frugal during your life and tried to save, you're penalised by the tax system. You pay tax on your wages, your savings and even your private pension.
Geoff Capes
#10. This is what you get in the suburbs, his mother said, the satisfaction of small desires. The
Nathan Hill
#11. 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
#12. One way to make health care more affordable is a Flexible Savings Account that allows families to save tax free money to pay for medical bills.
Marco Rubio
#13. The three things that kept me sane as a child were bikes, books, and soccer
Mal Peet
#14. This is the national equivalent of having no savings, your credit card maxed out, you didn't renew your insurance, and now your house has burned down. The only way we can start to solve this is rolling back the tax cuts for the rich, which would save about $70 billion.
Diana DeGette
#16. The HSA (Health Savings Account) is a great way to save on premiums. The high deductible creates a much lower premium, and this plan allows you to save for medical expenses in a tax-free savings account.
Dave Ramsey
#17. What does a tax do? It takes either from the producer or the consumer a more or less sizable portion of the product destined in part to consumption and in part to savings, in order to apply it to less productive or even destructive ends, and more rarely to savings.
Gustave De Molinari
#18. We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.
Kit Bond
#19. In America, we tax work, investment, employment, savings, and production, while we subsidize non-work, consumption, and debt. It's time we reverse this trend.
Jack Kemp
#21. We are told there is not enough money for education, but somehow there is enough money for people to raise billions of dollars to defeat somebody in an election? Oh! Okay! Does that make sense?
Phylicia Rashad
#22. My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
Cliff Stearns
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