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

— Ronald Reagan

Last update Sept. 29, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "You can’t tax business. Business doesn’t pay taxes. It collects taxes." by Ronald Reagan?

Ronald Reagan 264

American politician, 40th president of the United States (i… 1911–2004

Related quotes

“It is fair that each man shall pay taxes in exact proportion to the value of his property; but if we should wait before collecting a tax to adjust the taxes upon each man in exact proportion with every other man, we should never collect any tax at all.”

Abraham Lincoln (1809–1865) 16th President of the United States

1860s, Speeches to Ohio Regiments (1864), Speech to the One Hundred Sixty-fourth Ohio Regiment
Context: I say this in order to impress upon you, if you are not already so impressed, that no small matter should divert us from our great purpose. There may be some irregularities in the practical application of our system. It is fair that each man shall pay taxes in exact proportion to the value of his property; but if we should wait before collecting a tax to adjust the taxes upon each man in exact proportion with every other man, we should never collect any tax at all. There may be mistakes made sometimes; things may be done wrong while the officers of the Government do all they can to prevent mistakes. But I beg of you, as citizens of this great Republic, not to let your minds to carried off from the great work we have before us. This struggle is too large for you to be diverted from it by any small matter.

“[T]he facts are that thousands of small businesses - Hispanically owned or otherwise - pay taxes at the highest marginal rate.”

George W. Bush (1946) 43rd President of the United States

Speech http://www.presidency.ucsb.edu/ws/index.php?pid=45784 to the Hispanic Chamber of Commerce, (March 19, 2001)
2000s, 2001

“We don't pay taxes. Only the little people pay taxes.”

Leona Helmsley (1920–2007) American hotel owner

Quoted in New York Times (July 12, 1989)
Quoted in Newsweek magazine, p. 11 (July 24, 1989)

“Buttercup's mother whirled on him. 'Did you forget to pay your taxes?' (This was after taxes. But everything is after taxes. Taxes were here even before stew.)”

William Goldman book The Princess Bride

Source: The Princess Bride

“HALF of America pays NO taxes. Zero. So they’re happy for tax rates to be raised on the other half that DOES pay any taxes.”

Rick Warren (1954) Christian religious leader

Twitter tweet (25 July 2011), as quoted in David Atkins at Hullabaloo (26 July 2011) http://www.drumsnwhistles.com/2011/07/26/rick-warren-what-were-you-thinking/

“What Senator McCain has lately been suggesting is that somehow I'm going to take money from people making over $250,000, and give it to people who "pay no taxes". What he's confusing is the fact that even if you don't pay income tax, there are a lot of people who don't pay income tax, but you're still paying a whole lot of other taxes. You're paying payroll tax, which is a huge burden on a lot of middle-income families. You're paying sales taxes. You're paying property taxes. There are a whole host of taxes that you're paying. So when we provide an offset to the waitress or the janitor, these folks are working.”

Barack Obama (1961) 44th President of the United States of America

This isn't some giveaway to people who are on welfare. This is giving help to people who are working hard every day.
Remarks at a a rally in Lake Worth, Florida (21 October 2008) http://www-tc.pbs.org/newshour/rss/media/2008/10/21/20081021_wrap.mp3
2008

“That is a widespread myth, that it is possible to spend money with nobody paying for it. You have everybody screaming that we ought to have new, bigger, more generous government programs. Where are we going to raise the money? Tax business. But business corporations can’t pay any taxes. A corporate executive may sign the check, but where does he get the money? From his stockholders or from his customers or from his employees. Unlike the federal government, he doesn’t have a printing press in his basement. So the only way he can pay money to the government is imposing a burden on somebody. Government cannot spend money at nobody’s expense.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Economic Myths and Public Opinion” https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/AmSpectator_01_1976.pdf, The Alternative: An American Spectator, vol. 9, no. 4, (January 1976) pp. 5-9

“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”

Henry Hazlitt (1894–1993) American journalist

“As long as they (government) make businesses grow in the country, as long as we collect more taxes, as long as we use those taxes efficiently, I think the confidence will come back, every one will be very happy with whatever government is in the Centre and we will be better country.”

N. R. Narayana Murthy (1946) Indian businessman

Narayana Murthy shocks with 'Mera Bharat Mahaan' quote, indicates Infosys Ltd on hiring spree, 16k jobs on offer

“What I enjoy most about being an entrepreneur is making a difference. By building a business we create jobs, pay taxes, and build families and communities.”

Nina Vaca businessperson

CEO Spotlight: Nina Vaca https://www.dmagazine.com/publications/d-ceo/2016/june/nina-vaca-pinnacle-group-ceo/, D Magazine (June 2016)

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

Help us to complete the source, original and additional information

Ronald Reagan 264

Related quotes

Related topics