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In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth - averaging 5.2 percent per year.
Arthur Laffer
Tags: Had Been First
I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.
Glenn Hubbard
Tags: Think Had I Think
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I found out that smoking is the leading cause of statistics.


Matthew Gray Gubler
Tags: Out Found Cause
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
Barack Obama
Tags: Family Your Than
Texas has no income tax, which is a big draw for corporate executives who do business there. But it's hardly tax-free. The property taxes are high for a Southern state. The sales taxes are high. One study found that the bottom 20 percent of the Texas population pays 12 percent of its income in state and local taxes.
Gail Collins
In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.
Arthur Laffer
Tags: Will Then Also
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Economic recovery begins with our small businesses.


Sam Graves
Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.
Virginia Postrel
Tags: Money About Also
I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.
Carly Fiorina
Tags: Think Up I Think
It started last year, during the summer. I went to the doctor and they found out it was kidney stones, so they had surgery done to help get those out and to pass them... More just kept coming in. So I had all together before the last show... I had like five surgeries.
Phillip Phillips
Tags: Like Just More
A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.
Jonathan Sacks
The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.
Bill Dedman
What I've found recently is the heart, the soul, whatever you want to call it, it doesn't differentiate: If you really live the experience making a movie, it's the same as living it in real life, as crazy as it sounds.
Paul Walker
For the second straight year, craft beer is the fastest growing segment of the U.S. alcoholic beverage industry. In 2005, craft beer experienced a 9 percent increase in volume, nearly triple that of the growth experienced in the wine and spirits industry.
Sherwood Boehlert
If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.
Marc Faber
Do you realize that if we could increase just by 50 percent the number of adults who have a college degree, it would add $5 billion to the economy and it would result in a net income to the state of Arkansas of $340 million a year?
Mike Huckabee
Tags: You Just Who
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Ninety-nine percent of the time, if you're straight with the press, they'll be straight with you.


Thomas P. O'Neill
Tags: Time You Percent
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
Tags: Get Than Over
When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.
Rob Portman
Tags: You Which Should
Health-care costs when I got into the industry in '88 were 16 percent a year inflation. When I got out in 1997, they were less than 1 percent.
Rick Scott
Tags: Out Than Were