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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
Businessperson
Former Mayor Of New York City
Politician
Trader
Writer
Boston
Massachusetts
Michael Rubens Bloomberg
Michael R. Bloomberg
Mike Bloomberg
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More quotes by Michael Bloomberg

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You've got to give people a fair chance of saying what they believe, and then you've got to decide, Do you believe 'em?
Michael Bloomberg
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This society cannot go forward, the way we have been going forward, where the gap between the rich and the poor keeps growing. It's not politically viable it's not morally right it's just not going to happen.
Michael Bloomberg
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Basically, the UBR is a relic of an earlier vision for UDDI. The original vision for UDDI was as a standard that would help companies conduct business with each other in an automated fashion. The idea was that companies could publish how they wanted to interact, and other companies could find that information and use it to establish a relationship.
Michael Bloomberg
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If I remember, Russia, 20 or 30 years ago, you'd get shot trying to leave. Today, Russian tourists are all over the world. You have Russian oligarchs with big yachts all over the world.
Michael Bloomberg
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Nobody's going to go home for a year and come back. Nobody could ever enforce that. Nobody in their right mind would ever try to do it.
Michael Bloomberg
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Look, we live in a very dangerous world. We know there are people who want to take away our freedoms. New Yorkers probably know that as much if not more than anybody else after the terrible tragedy of 9/11.
Michael Bloomberg
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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
Michael Bloomberg
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We're paying more for the privilege of getting sick and dying early. Once again, it makes no sense. And once again, no one in Washington is talking about how to fix it.
Michael Bloomberg
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Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
Michael Bloomberg
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I never lie, so if somebody asked me a question, I told them.
Michael Bloomberg
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You bet I did and I enjoyed it.
Michael Bloomberg
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If a hurricane strikes, we can blame the president for not being there we can blame Congress and FEMA we can blame the state governments but in the end, it's the mayors and the local city governments that have to be prepared for emergencies and be prepared to act.
Michael Bloomberg
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Trees will improve property values, take pollutants out of the air, help with water runoff.
Michael Bloomberg
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You're entitled to your own opinions, but not your own facts.
Michael Bloomberg
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We need to inject some old-fashioned American values and common-sense, practical thinking into our energy policy.
Michael Bloomberg
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You can bet - a good chance of Hillary [Clinton], a good chance of [Donald] Trump - but not 100% in either case.
Michael Bloomberg
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Life is too short to spend your time avoiding failure.
Michael Bloomberg
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I do not think that anybody should get paid for lousy performance. I've said that for a long time. If you work hard and you do good, you get paid well.
Michael Bloomberg
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Someone once described the information business as exactly the opposite of sex. When it's good, it's still lousy.
Michael Bloomberg
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These endless legal challenges that define elections in New York are a joke in this country, and they are the reason why it is so expensive, or one of the reasons, it's so expensive to run here and why so many people decide not to run.
Michael Bloomberg