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I'm for Simpson-Bowles. It doesn't raise taxes, it closes loopholes and takes the money we would give to a few people and put it on the debt.
Oct 2, 2025
I do not think we should tax people to a point where they are looking for tax loopholes and getting their money out of the country.
Obama says his recreation consists of reading the Constitution... looking for a loophole.
There are loopholes big enough to drive trucks through. And Congress needs to take a look at those laws and make sure that they're much more rigorous.
God does not hate gay people. He's just mad because they found a loophole in His system.
Michio Kaku and Albert Einstein, they're both so ahead of our time. It's just fascinating to read about them, what their theories are on loopholes and everything else. It's fascinating stuff.
Close loopholes, close the special interest Washington carve outs and that means more incomes subject to taxation so we`re going to lower the rates on our businesses and be fair.
In the stories of extravagant grace given to us by Jesus, there are no loopholes disqualifying us from God's love.
Economic growth, profitability, prosperity, jobs, increased jobs, increased wages, they're able to get that tax rate down to 15% and we're gonna call it tax relief, not tax breaks, not tax loopholes. It's important to control and reclaim the language here.
A man can be saved and not believe in the Doctrines of Grace...but he must be a very proud man. Unknown-but if you know who said it, please tell me You're born. You suffer. You die. Fortunately, there's a loophole.
There is not a single loophole or curveball or open trench to fall into for the man or woman who walks the path that Christ walks. When He says, "Come, Follow Me" (Luke 18:22), He means that He knows where the quicksand is and where the thorns are and the best way to handle the slippery slope near the summit of our personal mountains. He knows it all, and He knows the way. He is the way.
Are you worried that, when you go to hell, you'll only be taking the local and not be on the express? Why would you look for a loophole to deny coverage to children with preexisting conditions?
Corporations are the only reason the tax code is so complicated in the first place. Those off-shore loopholes didn't get carved out by poor people.
The Democrats are obsessing about raising tax rates, while the GOP talks about closing loopholes.
When Donald Trump disingenuously demands to know why [Hillary] Clinton never tried to close the loopholes he used, the answer is: She did. And if there had been any way to make it retroactive, she probably would have voted for that too.
If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.
Every Christian church has tried to impose a code of morals of some kind for which it has claimed divine sanction. As these codes have always been opposed to those of the gospels a loophole has been left for moral progress such as hardly exists in other religions.
What I want people to know is I went to Wall Street before the crash. I was the one saying you're going to wreck the economy because of these shenanigans with mortgages. I called to end the carried interest loophole that hedge fund managers enjoy. I proposed changes in CEO compensation.
When I was a Senator from New York, I represented and worked with so many talented principled people who made their living in finance. But even thought I represented them and did all I could to make sure they continued to prosper, I called for closing the carried interest loophole and addressing skyrocketing CEO pay. I also was calling in '06, '07 for doing something about the mortgage crisis, because I saw every day from Wall Street literally to main streets across New York how a well-functioning financial system is essential.
There is one—how would you put it—loophole.” “Loophole? More like a giant cavern if I have wings.
In order to get around the $500 cap, it's common knowledge that either potential candidates or public officials simply create these organizations, accumulate large sums of money which are then used in support of their campaign or to contribute to their campaign. They were trying to close that loophole.
Unfortunately, money in politics is an insidious thing - and a loophole in our campaign finance system was taken advantage of with money going to existing or new 527 groups with the sole purpose of influencing the election.
He who lives wisely to himself and his own heart looks at the busy world through the loopholes of retreat, and does not want to mingle in the fray.
If Congress were to pass a 'flat' tax, you'd simply pay a fixed percentage of your income, and you wouldn't have to fill out any complicated forms, and there would be no loopholes for politically connected groups, and normal people would actually understand the tax laws, and giant talking broccoli stalks would come around and mow your lawn for free, because Congress is NOT going to pass a flat tax, you pathetic fool.
High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders of the rich. Meanwhile, the same politicians can win donations from the rich by creating tax loopholes that can keep the rich from actually paying those higher tax rates - or perhaps any taxes at all. What is worse than class warfare is phony class warfare. Slippery talk about 'fairness' is at the heart of this fraud by politicians seeking to squander more of the nation's resources.
This, however, is sure: nothing is really lost. Any influence for good, no matter how ephemeral, makes its mark: it helps to leaven the loaf of evil: it leaves a loophole, albeit a small one, for a future escape from bondage.
When I was born my father spent three weeks trying to find a loophole in my birth certificate.
It is nonsense for the Government to allow any loopholes for religious homophobia. Bigotry is bigotry whether it's dressed up in the language of faith or not.
In the meantime the big corporations are fleeing America for tax havens and places like Ireland, Luxembourg and the Grand Cayman Islands; the rich are finding more tax loopholes to expect; so when are the people going to basically roll up their sleeves and say, we've had enough, we're going to recapture Congress.
A [tax loophole is] something that benefits the other guy. If it benefits you, it is tax reform.
As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.
Tis pleasant, through the loopholes of retreat, To peep at such a world; to see the stir Of the Great Babel, and not feel the crowd.
One would expect that private property taken by eminent domain would become land available for public use such as parks and roads. Unfortunately, this decision creates a loophole for government to manipulate the definition of public use simply to generate greater tax revenue.
As you may know, previously as Attorney General and now as Governor, I have supported legislation to close the gun show loophole in North Carolina.
I have a very simple philosophy of life: Kindness. Ferocious, unrelenting, ruthless, committed, passionate, kindness. Life is sacred everywhere. We all have better things to do than beat each other up. Arguing for the exception is to invest it with energy, it's to negotiate the loophole. The commitment to kindness must be total.
We simply cannot continue to live with a [tax] system which has so many inequities. It must be changed in such a way that each of us pays a fair share of the burden. It has been said that one man's loophole is another man's livelihood. Even if this is true, it certainly is not fair, because the loophole-livelihood of those who are reaping undeserved benefits can be the economic noose of those who are paying more than they should.
I love to help women cut through all the labeling loopholes to find the best personal and oral care products on the market. This includes, of course, ingredients, but also recyclable packaging, products with expiration dates, examining company values (which includes no animal testing), and more.
The American people likewise want to see enforcement first, no tricks, no triggers, no amnesty, enforcing existing laws and closing loopholes to reaffirm that our great Republic is, in fact, a nation of laws.
ISIS is a radical jihadist group that is increasingly sophisticated in its ability, for example, to radicalize American citizens, in its inability to exploit loopholes in our legal immigration system, in its ability to capture and hold territory in the Middle East, as I outlined earlier, in multiple countries.
I respect the Second Amendment. But I believe there should be comprehensive background checks, and we should close the gun show loophole, and close the online loophole.
When I think about what we need to do, we have 33,000 people a year who die from guns. I think we need comprehensive background checks, need to close the online loophole, close the gun show loophole. There's other matters that I think are sensible that are the kind of reforms that would make a difference that are not in any way conflicting with the Second Amendment.
Legends of prediction are common throughout the whole Household of Man. Gods speak, spirits speak, computers speak. Oracular ambiguity or statistical probability provides loopholes, and discrepancies are expunged by Faith.
Basically the tax reform ideas are to clean up the tax system and to eliminate the loopholes that only very few make use of, to eliminate the possibility of people making millions of dollars every year and not paying any tax at all through oil depletion allowances and things like that.
In Prison Wearily, drearily, Half the day long, Flap the great banners High over the stone; Strangely and eerily Sounds the wind's song, Bending the banner-poles. While, all alone, Watching the loophole's spark, Lie I, with life all dark, Feet tethered, hands fettered Fast to the stone, The grim walls, square lettered With prisoned men's groan. Still strain the banner-poles Through the wind's song, Westward the banner rolls Over my wrong.
The city of Copenhagen is a climate crime scene tonight, with the guilty men and women fleeing to the airport in shame. World leaders had a once in a generation chance to change the world for good, to avert catastrophic climate change. In the end they produced a poor deal full of loopholes big enough to fly Air Force One through.
Walking the streets on winter nights kept him warm, despite the cold nocturnal passions of uprising winds. His footsteps led between trade-marked houses, two up and two down, with digital chimneys like pigs' tits on the rooftops sending up heat and smoke into the cold trough of a windy sky. Stars hid like snipers, taking aim now and again when clouds gave them a loophole. Winter was an easy time for him to hide his secrets, for each dark street patted his shoulder and became a friend, and the gaseous eye of each lamp glowed unwinking as he passed.
As professor of global peace studies at the International Islamic University of Malaysia I am committed to the ending of war also through criminalization of war, an approach that has not been sufficiently used in spite of the UN Charter outlawing war - with too many loopholes used buy aggressive countries.
We stiffened the penalties for fraud, we extended nationwide efforts to make sure that payments are accurate and they closed a loophole in which people were gaming the system. We didn't change eligibility requirements or reduce the level of benefits.
You must accept responsibility for your actions. This doesn't include reactions, interactions or transactions if you're thinkin' loophole.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.