Friday, April 13, 2007

Tax Quotes

New York Times editorial in 1909: "When men get in the habit of helping themselves to the property of others, they cannot be easily cured of it." AMEN!

Historian Charles Adams: "From the earliest records of civilization, tax laws have taken away liberty more often than foreign invaders."

WSJ's Stephen Moore: "The complexity of the tax code, the cost it imposes on the economy simply to comply with it, and the civilian army of agents needed to enforce it continues to grow like cancer cells attacking the healthy ones. At the same time, common sense reforms like the flat tax or the national sales tax remain politically stalled -- perhaps because there are so many vested interests in keeping it complicated. Even conservative Republican presidential candidate Mitt Romney of Massachusetts recently came out against a flat tax arguing that it might be unfair. To whom? Tax accountants and lawyers? Meanwhile, just last week the Czech Republic announced plans to become the next former communist nation of Eastern Europe to adopt a flat tax. Everywhere this idea is catching hold, except in Washington."

From today's WSJ "Those April Blues" by Stephen Moore.

1 Comments:

At 4/14/2007 11:03 PM, Anonymous Anonymous said...

I have started my second semester of school after receiving a BBA in Finance and 15 years work experience....my choice of majors? You guessed it, accounting....keep it as complex as possible, I want a piece of the pie too!

 

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