“During my 30 years on Wall Street, taxes on “unearned income” have bounced up and down with regularity, and I’ve never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.” YearsHardWealthStreetsHard WorkWallTaxesFellowsIncomeAppetiteCapitalistUp And DownRegularityAccumulating Wealth Author:Steven Rattner
“Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between 'Master of the Universe' financiers and pretty much everyone else.” EyeUniversePayGrowingMastersIncomeTalesInequalityShopsExecutivesGapsLaborersIncome InequalityPoppingFinanciersPay Gap Author:Steven Rattner
“The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.” PoliticalEconomyEconomicWeakElectionCongressIncomeInequalityPresidentialThemeDominantPresidential ElectionIncome InequalityEconomic InequalityGridlock Author:Steven Rattner
“To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.” ShouldFirstsSocialSecurityBenefitsGainsIncreaseImpactWorkersIncomeConsumersTypicalSocial SecurityInflationAmerican Workers Author:Steven Rattner
“The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.” NeedsInterestTaxesHighestIncomeFundRetirementTaxationMortgageDeductions Author:Steven Rattner