“There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.” LongWarJobsAmericaLeftTermTaxesOfficePercentGainsRateLong TermEldersCapital Gains Author:Andrew Tobias
“The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms.” TwoOrderSidesPolicyBenefitsPercentGainsEconomicsAvailableReformConsumptionMagnitude Author:Robert Lucas, Jr.
“I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. They take from the woman who comes in and takes the wastebaskets out.” GovernmentSufferingIndividualTaxesPercentGainsThirdsIncomeFederal GovernmentIncome TaxDividendsPayrollReceiptsCapital GainsPayroll Tax Author:Howard Warren Buffett
“A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum.” LosesWealthResultsFailingProduceTaxesBeatsPercentGainsInvestingFundDestroyingMarginsAnnualsVanguardIndex Funds Author:David F. Swensen
“Because the math is, if you - 5 percent of a million is a lot more than 5 percent of a thousand. So yeah, someone who makes more money, numerically, it's gonna be higher. But the greatest gains, percentage-wise, for people, are gonna be at the lower end of our plan.” PeopleIfsEndsMillionsWisePlansHigherThousandPercentGainsYeahMathMore MoneyPercentages Author:Ted Cruz
“Ninety percent of those who fail are not actually defeated; they simply quit. ... As you face bad experiences, it's important for you to remember that you can rarely see the benefits while you're in the midst of them. You usually gain perspective on the other side of it.” ImportantRememberFacesSidesFailingPerspectiveBenefitsPercentGainsQuittingMidstDefeatedNinetyBad Experiences Author:John C. Maxwell
“The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.” PayTaxesOfficePercentGainsLots Of MoneyPayrollCapital GainsPayroll TaxCapital Gains Tax Author:Warren Buffett
“We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.” GovernmentTaxesPercentGainsThirdsIncomeFederal GovernmentIncome TaxDividendsPayrollReceiptsCapital GainsPayroll Tax Author:Warren Buffett
“Broadly speaking, in the past few years, we've more than doubled the editorial staff [in Mother Jones], as part of ramping up daily operations that have resulted in huge gains in audience, a slew of awards, new multimedia endeavors, and of course scoops like the 47 percent.” YearsPastMotherCoursesAudienceHugePercentGainsOperationsEndeavorAwardsStaffEditorialsMultimedia Author:Clara Jeffery
“If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.” IfsMeanEconomicHigherActivityLimitsTaxesPercentGainsHarderDollarsInvestmentRateInvestingIncomeSavingExtrasProductiveWealthyContrastConsumptionTaxpayersSavingsDiscouragingIncome TaxSavings And Investment Author:Robert H. Frank
“Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.” PeopleEnoughFallResultsGrowingPercentGainsCreditDebtProductivityIncomeCardsRisingGapsTidesCredit CardGdpIndebtedness Author:Philip Kotler
“Ninety percent of people who lose weight gain it back. It's very sad.” PeopleLosesPercentGainsWeightNinetyLose WeightVery Sad Author:Richard Simmons
“Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.” IfsWellsDoeImaginationBusinessDependsTaxesPercentGainsAccountsInvestmentResponseRateSavingQuartersEarningSavingsGroverSavings Accounts Author:Warren Buffett