Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Made
Higher
Secretary
Would
Small
Capital
People
Rather
Income
Fact
Gains
Chunk
Bigs
Rate
Warren
Facts
Taxes
Chunks
Money
Ordinary
Percentage
Country
Pay
Percentages

More quotes by Michael Bloomberg

Image
Life is too short to spend your time avoiding failure.
Michael Bloomberg
Image
You can buy almost anything anyplace in the world. You can get it delivered in 24 hours. You can pay for it on credit or just by swiping something. So, I don't know that the world is worse off, in that context, than before.
Michael Bloomberg
Image
Nobody is going to delegate a lot of power to a secretary that they can't control.
Michael Bloomberg
Image
People use so much more health care when they live longer.
Michael Bloomberg
Image
I don't know why you should be proud of something. It doesn't make you any better or worse. You are what you are.
Michael Bloomberg
Image
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
Image
I thought Jeb Bush would have made a good president. He was on the board of my foundation. He's very conservative, much too conservative for me.
Michael Bloomberg
Image
Jeb Bush is very good on immigration, he's very good on education. He's a smart guy.
Michael Bloomberg
Image
I do think there are certain times we should infringe on your freedom.
Michael Bloomberg
Image
I think that ... none of [the candidates in he third party] have the courage to do what's right for the country. And I have, now, two grandchildren, which I didn't have before. I'd like to leave them a better world.
Michael Bloomberg
Image
You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
Michael Bloomberg
Image
Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil.
Michael Bloomberg
Image
If you want to do something for your children and show how much you love them, the single best thing-by far-is to support organizations that will create a better world for them and their children.
Michael Bloomberg
Image
When you go to Washington now, you can feel a sense of fear in the air - the fear to do anything, or say anything, that might affect the polls, or give the other side an advantage, or offend a special interest.
Michael Bloomberg
Image
[Jeb Bush] could, as I describe it, run the railroad.[John] Kasich could run the railroad. Hillary Clinton can run the railroad. Running the railroad is the most important thing. You have got 4 million employees you've got to make the system work, and it doesn't work very well.
Michael Bloomberg
Image
I have two daughters that are the loves of my life and I want to leave them a better world, a better country, a better state and a better city.
Michael Bloomberg
Image
I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.
Michael Bloomberg
Image
I don't know why people carry guns. Guns kill people.
Michael Bloomberg
Image
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
Image
The truth of the matter is: you can create a great legacy, and inspire others, by giving it to philanthropic organizations.
Michael Bloomberg