Taxation Policy Quotes

“Taxes reduce the demand for physical resources from the non-government sectors. Resources which then become available for purchase by the government in pursuit of the socio-economic programme it was elected to provide.”
― Neil Wilson;, Modern Monetary Theory: Key Insights, Leading Thinkers

“I'm paying taxes and have a retirement account on a prostitute's salary?" Dallin just had to ask, because this was a Twilight Zone level of strange, and that was even taking into account that he'd grown fairly used to William's eccentricities.”
― Lyn Gala, Two Steps Back

“Ultimately, the most powerful way to rebalance the interests of private owners and the common good is by shifting the focus towards taxes on wealth - that is, asking those who have accummulated substantial assets down the years (or with inherited wealth, down the centuries) to make a fairer contribution. The case is indisputable: since 2008, average earnings have hardly risen, while the amount of wealth held by the better-off has sky-rocketed. Clearly paying for shocks such as the 2008 crash or the Covid-19 pandemic should not fall solely on those dependent on their immediate income. A Land Value Tax could also play an important role: a policy that would be difficult to evade, and would tackle the vast windfall profits that come from the development of land. It's an idea that has long enjoyed support from all sides of the political spectrum, including Winston Churchill, as well as from economists as divergent as Milton Friedman, Adam Smith and J.K. Galbraith. Given its elegant simplicity and essential fairness, the fact that it has not been introduced in England is a case-book example of the landowners' ability to block reform.”
― Caroline Lucas, Another England: How to Reclaim Our National Story