To quote Frank Borman Tags: QuotesMoneyJust Thinking ChronologyHellFrank BormanChristianityCapitalismBankruptcy Read more about To quote Frank Borman Log in or register to post comments
To Quote Ibn Khaldun, and Arthur Laffer "In the early stages of the state, taxes are light in their incidence, but fetch in a large revenue... As time passes and kings succeed each other, they lose their tribal habits in favor of more civilized ones. Their needs and exigencies grow...owing to the luxury in which they have been brought up. Hence they impose fresh taxes on their subjects... sharply raise the rate of old taxes to increase their yield... But the effects on business of this rise in taxation make themselves felt. For business men are soon discouraged by the comparison of their profits with the burden of their taxes... Consequently production falls off, and with it the yield of taxation." "At a tax rate of 0 percent, the government would collect no tax revenues, no matter how large the tax base. Likewise, at a tax rate of 100 percent, the government would also collect no tax revenues because no one would willingly work for an after-tax wage of zero (i.e., there would be no tax base). Between these two extremes there are two tax rates that will collect the same amount of revenue: a high tax rate on a small tax base and a low tax rate on a large tax base." Tags: TaxesQuotesMoneyLaffer CurveJust Thinking ChronologyIbn KhaldunDeficits Read more about To Quote Ibn Khaldun, and Arthur Laffer Log in or register to post comments
To quote that no good slave owning Thomas Jefferson, again Tags: QuotesJust Thinking ChronologyGovernment Read more about To quote that no good slave owning Thomas Jefferson, again Log in or register to post comments
To quote Dave Bing Tags: QuotesJust Thinking ChronologyDetroitDave Bing Read more about To quote Dave Bing Log in or register to post comments
To quote George S. Patton Tags: Thought For The DayQuotesJust Thinking Chronology Read more about To quote George S. Patton Log in or register to post comments
To quote John Wooden Tags: Thought For The DayQuotesJust Thinking Chronology Read more about To quote John Wooden Log in or register to post comments
To quote R.E. McMaster Tags: Thought For The DayTaxesR.E. McMasterQuotesMoneyJust Thinking Chronology Read more about To quote R.E. McMaster Log in or register to post comments
To quote Warren Buffett Tags: QuotesMoneyJust Thinking ChronologyBusinessBuffettThought For The Day Read more about To quote Warren Buffett Log in or register to post comments
The Golden Rule Tags: ReservesQuotesMoneyJust Thinking ChronologyGoldThought For The Day Read more about The Golden Rule Log in or register to post comments
To quote George Bernard Shaw, yet again Tags: Thought For The DayQuotesJust Thinking ChronologyMoney Read more about To quote George Bernard Shaw, yet again Log in or register to post comments