Any tax over 12-14% -- regardless of the base -- will corrupt enough taxpayers to render the system unfair to all. So, beware of single-tax proposals. The U.S. government blows more money than any single tax can generate. The key is to tax multiple bases, disparate in nature, and with simple flat rates. That is a system both fair and sustatinable. -Steve Wallace

 

Any tax over 12-14% -- regardless of the base -- will corrupt enough taxpayers to render the system unfair to all. So, beware of single-tax proposals. The U.S. government blows more money than any single tax can generate. The key is to tax multiple bases, disparate in nature, and with simple flat rates. That is a system both fair and sustatinable.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 6 total Steve Wallace quotes in our collection. Steve Wallace is known for saying 'Any tax over 12-14% -- regardless of the base -- will corrupt enough taxpayers to render the system unfair to all. So, beware of single-tax proposals. The U.S. government blows more money than any single tax can generate. The key is to tax multiple bases, disparate in nature, and with simple flat rates. That is a system both fair and sustatinable.' as well as some of the following quotes.

I believe God is restoring his church back to its full power and form and function. I believe God is saying, 'This is what I am doing all over the world. I am calling people out to become what church was when my Son established it.

Steve Wallace

The silent, lethal creep of apostasy began uneventfully. His quest for holiness had morphed into a mere pursuit of happiness. He never discerned it, nor would anyone else. He was a materialist now - just one of the well-respected selectmen who quelled controversy at the expense of progress.....

Steve Wallace

We're thrilled to have received this honor for the third consecutive year. It's a testament of our dedication to quality and the loyalty of our consumers as we continue to grow in such a competitive space.

Steve Wallace

My advice for posterity? Live by principle - that's all.

Steve Wallace