Revenue Quotes - page 5
When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid. The liberation of the public revenue, if it has ever been brought about at all, has always been brought about by bankruptcy; sometimes by an avowed one, but always by a real one, though frequently by a pretend payment.
Adam Smith
Unlawful revenue which, after being conveniently cleaned, is then reinvested within the legal economy: polluting it, corrupting it, forging it, killing it. Whether it's reinvested in the London property market, in Parisian restaurants, or in hostels on the; to have profited from the crisis, to have fed on the crisis, to have contributed to the crisis. And it's in the crisis that it finds its satellite activities, such as usury, gambling, counterfeiting. But the most important – and most alarming – aspect of this issue is that it's exactly in times of crisis that criminal organisations find their safe haven in banks.
Roberto Saviano
The only company to have made a profit is the one in the tax haven, but because it's in a tax haven, it doesn't pay tax. This is how a company is able to generate revenue without having to pay tax anywhere. In tax havens, boundaries between what's legal and illegal become very blurred. The recent leak on the Panama Papers revealed how international leaders, celebrities and businessmen from all over the world were using offshore companies to avoid making their assets public and, in some cases, potentially to dodge tax or hide illegal activities. Panama is where criminal capitalism and legal capitalism become one. ... Today in the heart of Panama you can still find the money of Mexican Narcos and major European businessmen. Different origin, same advantages.
Roberto Saviano
Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them. Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future. The programs were designed this way for political reasons.
James Surowiecki
Akbar had prohibited enslavement and sale of women and children of peasants who had defaulted in payment of revenue. He knew, as Abul Fazl says, that many evil hearted and vicious men either because of ill-founded suspicion or sheer greed, used to proceed to villages and mahals and sack them.
Abu'l-Fazl ibn Mubarak
In Hindustan, especially in the province of Sylhet, which is a dependency of Bengal, it was the custom for the people of those parts to make eunuchs of some of their sons and give them to the governor in place of revenue (mal-wajibi)... This custom by degrees has been adopted in other provinces and every year some children are thus ruined and cut off from procreation. This practice has become common.
Jahangir
[In these circumstances the peasant had little interest in cultivating the land. Bernier observes that] "as the ground is seldom tilled otherwise than by compulsion... the whole country is badly cultivated, and a great part rendered unproductive... The peasant cannot avoid asking himself this question: Why should I toil for a tyrant who may come tomorrow and lay his rapacious hands upon all I possess and value... without leaving me the means (even) to drag my own miserable existence? - The Timariots (Timurids), Governors and Revenue contractors, on their part reason in this manner: Why should the neglected state of this land create uneasiness in our minds, and why should we expend our own money and time to render it fruitful? We may be deprived of it in a single moment... Let us draw from the soil all the money we can, though the peasant should starve or abscond...”.
François Bernier
It seems well past time to reconsider our sweeping UPL [Unauthorized Practice of Law] prohibitions. The fact is nonlawyers already perform - and have long performed - many kinds of work traditionally and simultaneously performed by lawyers. Nonlawyers prepare tax returns and give tax advice. They regularly negotiate with and argue cases before the Internal Revenue Service. They prepare patent applications and otherwise advocate on behalf of inventors before the Patent & Trademark Office. And it is entirely unclear why exceptions should exist to help these sort of niche (and some might say, financially capable) populations but not be expanded in ways more consciously aimed at serving larger numbers of lower- and middle-class clients.... Consistent with the law of supply and demand, increasing the supply of legal services can be expected to lower prices, drive efficiency, and improve consumer satisfaction.
Neil Gorsuch
Firoz Tughlaq had issued an order that whichever places were sacked, in them the captives should be sorted out and the best ones should be forwarded to the court. His acquisition of slaves was accomplished through various ways - capture in war, in lieu of revenue and as present from nobles.113 Soon he was enabled to collect 180,000 slaves.
Firuz Shah Tughlaq
