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If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
Michael Bloomberg
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Michael Bloomberg
Age: 82
Born: 1942
Born: February 14
Actor
Aircraft Pilot
Bank Manager
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Former Mayor Of New York City
Politician
Trader
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Boston
Massachusetts
Michael Rubens Bloomberg
Michael R. Bloomberg
Mike Bloomberg
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More quotes by Michael Bloomberg
I know a con when I see one.
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What you've got to do is be honest. Say what you believe. Give it to them straight. Just don't wuss out.
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I am heading straight in. I have earned my place in heaven. It’s not even close.
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Entrepreneurship is having an idea to do something great and not entirely have a plan on how to do it but the drive and will power to make it work
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You must first be willing to fail — and you must have the courage to go for it anyway.
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Buy what's deliverable, not what could be.
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I think [Winston] Churchill said it was [democracy] the worst of all systems except for all the others. And that's probably true. It's never gone easily.
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Government is dysfunctional.
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People use so much more health care when they live longer.
Michael Bloomberg
The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.
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In 1975, Congress passed a law requiring fuel efficiency standards to double over 10 years, with incremental targets that auto manufacturers were required to meet. That was the responsible approach, and it worked. But since 1985, we've done nothing - even as technology has moved at light speed.
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The problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.
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Today, you're a piranha if you are seen having coffee with somebody from the other party in many cases.
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Many of America's and New York's sons and daughters are around the world fighting for the freedoms that the Statue of Liberty stands for.
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The truth of the matter is: you can create a great legacy, and inspire others, by giving it to philanthropic organizations.
Michael Bloomberg
The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other people from having opportunities. It may be good for a family, but for society it's probably not good. And I've always been in favor of having an estate tax.
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You're going to see a million people here who have the courage to come and not let terrorists win, and that's exactly what we should all do.
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The governor of Texas was a real climate change, well, skeptic would be a nice way of phrasing it. Still, though, Texas is a leader in renewables. So, what I care about is what politicians are actually doing, not what they are saying.
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Design does matter. And not necessarily in a way that people realize. A lot of what you do, people take for granted - that a park has always been here, that a bicycle lane has always been there, that the street is safe or clean.
Michael Bloomberg
I do think there are certain times we should infringe on your freedom.
Michael Bloomberg
