National Debt Quotes
The best sayings about National Debt that you can share on Instagram, Pinterest, Facebook and other social networks!
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Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.
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Will I obliterate national debt? Sure, why not?
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I go on the principle that a public debt is a public curse and in a republican government more than in any other.
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The best thing we can do for family values is to repeal the income tax. Then families will have the resources they need to implement their own values - and not those of the politicians. With the income tax gone, families will no longer be forced to have two breadwinners by necessity. Children will be raised better, family values will predominate, and crime will diminish. If your local school indoctrinates your child with values that are alien to you, you'll have the money to buy a private education.
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Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.
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If you will not lend me the money, how can I pay you?
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We may casually talk of all sorts of new programs and 'stimulus,' but the vast trillion-dollar collective national debt and rising annual deficits will insidiously hamstring almost everything we plan to do.
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It's a game. We tax lawyers teach the rich how to play it so they can stay rich-and the IRS keeps changing the rules so we can keep getting rich teaching them.
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Avoiding occasions of expense by cultivating peace, we should remember also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it
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Examine the legacy that we inherited and what we did. We had boom-and-bust economics and a doubled national debt.
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In FY 2006, interest payments alone on the national debt cost us $406 billion. . . . What a waste. . . . That $406 billion is pathetically squandered on interest, just because we lacked the discipline to pay our bills when due.
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The income tax created more criminals than any other single act of government.
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I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government; I mean an additional article taking from the Federal Government the power of borrowing.
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Solvency is maintained by means of a national debt, on the principle, "If you will not lend me the money, how can I pay you?"
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When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the main cause of their error was the natural one, of not being able to see the vast increase of productive power to which the nation would subsequently obtain.
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The current tax code is a daily mugging.
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A responsible government does not triple the national debt in eight years.
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In 1950, American families sent 1 of 50 of their hard earned dollars to Washington: Today it is 1 in 4.
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By making this wine known to the public, I have rendered my country as great a service as if I had enabled it to pay back the national debt.
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My pan plays down an unprecedented amount of our national debt.
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Consider in Washington, around the country today we are talking about balanced budgets, paying down our national debt, getting the economy going, defending ourselves, activist judges. Newt Gingrich did all those things when he was speaker. We got tax relief. We got balanced budgets. We got, you know, job creation. We paid down our national debt.
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Blessed are the young for they shall inherit the national debt.
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As a very important source of strength and security, cherish public credit.
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At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.
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It is of the greatest consequence that the debt should, with the consent of the creditors, be remoulded into such a shape as will bring the expenditure of the nation to a level with its income. Till this shall be accomplished, the finances of the United States will never wear a proper countenance. Arrears of interest, continually accruing, will be as continual a monument, either of inability, or of ill faith and will not cease to have an evil influence on public credit.
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I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.
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The refunding of the national debt at a lower rate of interest should be accomplished without compelling the withdrawal of the national-bank notes, and thus disturbing the business of the country.
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We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much.
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Donald Trump got himself very far to the left. When he was considering running for president in 2000, he was for a 13 percent wealth tax on wealthy people to retire the national debt.
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The problem isn't a Congress that won't cut spending or a president who won't raise taxes. The problem is an American public with a bottomless sense of entitlement to federal money.
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Top Authors
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Peter Lowe Artist
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Peter Max Artist -
Perry M Smith Author -
Philip Carr-Gomm Author -
Philip Toshio Sudo Author -
Peter Hain British Politician -
Peter Chernin Businessman -
Peter Arno Cartoonist
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Pete Carroll Coach -
Peter L. Bernstein Economist -
Philip D. Reed Executive -
Philip K. Wrigley Executive -
Pearl White Film actress -
PES Film director -
Peter Banks Guitarist -
Pete du Pont Lawyer -
Peter Matthiessen Novelist -
Peter Turnley Photographer -
Petro Poroshenko President of Ukraine -
Phife Dawg Rapper -
Pedro Pierluisi United States Representative -
Pete Hegseth Veteran -
Paula Rego Visual artist -
Peter Cochrane Writer
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