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Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits. -- Bernie Sanders
Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all. -- Thomas Sowell
The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero. -- Herman Cain
The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States. -- Frederick W. Smith
We need to even out the tax code for small businesses so that we lower their tax rate to 25 percent, just as we need to lower it for all businesses. -- Marco Rubio
It's not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It's because our system is set up to block tax reform. -- David Malpass
It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011. -- Arthur Laffer
In a zero corporate tax rate environment, if the private sector doesn't create tens of millions of jobs, then I don't know what it takes to create tens of millions of jobs. -- Gary Johnson
The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up. -- Thomas Sowell
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set. -- Robert Reich
Small businesses are the backbone of job creation in South Carolina, but we're not maximizing our potential when we've got what's effectively the highest income tax rate in the Southeast holding us back. -- Mark Sanford
To focus capital and entrepreneurship into empowering innovation, we should change is the capital gains tax rate. We would be better served by a regressive tax rate, that would become progressively smaller the longer the investment is held. -- Clayton Christensen
President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's. -- Rob Portman
More than 1.1 million taxpayers in Pennsylvania will enjoy a lower tax rate, more than 1.4 million married couples will benefit from the reduction in the marriage penalty, and more than 1.1 million parents will have the advantage of an increased child tax credit. -- Tim Murphy
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes. -- Michael Bloomberg
It's really a question of fairness and what kind of country we're going to live in. There are 22,000 people making over $1 million. They're paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That's not right. -- David Plouffe
The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country. -- Austan Goolsbee
According to the IRS, the wealthiest 400 Americans, who earned an average of roughly $270 million in 2008, paid an average tax rate of just 18.2 percent that year. That's about the same rate paid by a single truck driver in Rhode Island. It's not right, and we need to restore fairness to our tax code. -- Sheldon Whitehouse
Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country. -- Andrew Lloyd Webber
Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero. -- Andrew Ross Sorkin
First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent. -- John S. Watson
I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions. -- Ralph Hall
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less. -- Jeffrey R. Immelt
I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We're on target to do that by 2012. We will have significantly - by a significant margin the lowest corporate tax rates in the G-7, and that's our - our government's objective. -- Stephen Harper
We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers. -- Herman Cain
All I'm doing is I'm filling out my tax returns - or my accountants are, and I'm paying whatever I'm supposed to pay, though I'm giving away a large amount of the money and that probably lowers my tax rate because I'm giving away so much money. But change the law, but don't blame me for the law. I'm not writing the law. I didn't write the law. -- David Rubenstein
Every tax or rate, forcibly taken from an unwilling person, is immoral and oppressive. -- Auberon Herbert
A Wall Street money manager should not be able to pay a lower tax rate than a teacher or a nurse. -- Hillary Clinton
Under my plan, 85 percent of America will pay no tax or have a flat tax at our lowest rate of 15 percent. -- John McCain
The rich have grown richer, but their tax rate has declined. The poor have grown poorer, but their taxes have increased. -- Michael Parenti
Social injustice is what puts Scotland at its greatest disadvantage, and restoring the 50p tax rate will start to fight that. -- Johann Lamont
You lower the [tax] rate, you will motivate and incentivize more people to put more capital at risk to create more jobs... -- Anthony Scaramucci
The financial disclosure statements, they don't give you the tax rate. They don't give you all the details that tax returns would. -- Hillary Clinton
The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over the same period. -- Arthur Laffer
In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper! -- Ruqaiyyah Waris Maqsood
I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000. -- Mitt Romney
Dean Swift proposed to tax beauty, and to leave every lady to rate her own charms; he said the tax would be cheerfully paid and very productive. -- Arthur Frederick Saunders
In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper! -- Ruqaiyyah Waris Maqsood
Donald Trump has said that his 15 percent rate would apply to all businesses. And if that's the case, billionaire real estate magnets will get a very big tax cut. -- Donald Trump
I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. -- Warren Buffett
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all. -- Robert Reich
The marginal tax rate for high income earners is going up. Small businesses are no longer enjoying some of the exemption from payroll tax. Now there will be carbon taxes. -- Chris Alexander
The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending. -- Arthur Laffer
We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity. -- Ernie Fletcher
My own experience, though, as a business executive and as a governor, tells me that businesses are interested in a lot more than a low tax rate when they decide where to locate. -- Jack Markell
The billionaires pay an effective tax rate lower than nurses or truck drivers. That makes no sense at all. There has to be real tax reform, and the wealthiest and large corporations will pay. -- Bernie Sanders
Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion. -- Roger Wicker

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