When governments run on petro dollars or petro revenue instead of taxes, then they kind of sever the link between taxation and representation, and if you're not being taxed, then you're not being represented.
Tax reform is taking the taxes off things that have been taxed in the past and putting taxes on things that haven't been taxed before.
Cyprus had developed its financial center over three decades ago by having double taxation treaties with a number of countries: the Soviet Union, for example. That means if profits are booked and earned and taxed in Cyprus, they are not taxed again in the other country.
If people want capital gains taxed more like the highest rate on income, that's a good discussion. Maybe that's the way to help close the deficit.
The most powerful nation on earth should be able to pass a fair, effective immigration law that combines compassion with responsibility and does not injure hard working Americans who are taxed up to here.
The gap between rich and poor under President Obama is getting bigger because fewer well-paying jobs are available. Corporations are being taxed to the hilt and are loathe to add more workers. Thus, salaries fall because there are more than enough applicants to fill any job vacancy.
Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?
Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.
There's always somebody who is paid too much, and taxed too little - and it's always somebody else.
So every dollar of income that I have that is potentially taxed away is a dollar I can't put in my company to create a job. My entire company is around job creation.
