“In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.” YearsEndsEffortGainsRateTemporaryGreeceAdjustmentEuroCompetitiveness Author:Lucas Papademos
“When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.” ShouldHelpingPresidentHurtEconomyTaxesGainsShould HaveClintonRateIncomePresident BushPresident ClintonPresident ReaganPresident KennedyCapital Gains Author:Rob Portman
“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 point of equilibrium will be known by the criterion that an infinitely small amount of commodity exchanged in addition, at the same rate, will bring neither gain nor loss of utility.” LossKnownAmountGainsRateCommodityCriteriaUtilityEquilibriumSmall Amounts Author:William Stanley Jevons
“Although humans have existed on this planet for perhaps 2 million years, the rapid climb to modern civilization within the last 200 years was possible due to the fact that the growth of scientific knowledge is exponential; that is, its rate of expansion is proportional to how much is already known. The more we know, the faster we can know more. For example, we have amassed more knowledge since World War II than all the knowledge amassed in our 2-million-year evolution on this planet. In fact, the amount of knowledge that our scientists gain doubles approximately every 10 to 20 years.” KnowsWorldYearsHumansWarFactsLastsGrowthKnownMillionsModernExamplePlanetsEvolutionAmountCivilizationGainsScientistRateDuesFasterWar Of The WorldsClimbsWorld War IiWorld War IExpansionRapidsScientific KnowledgeMore KnowledgeModern Civilization Author:Michio Kaku
“There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much better been left to another Government agency or the Congress to attain. The country could have had lower interest rates without sacrificing anything else.” Has BeensEndsCountryGovernmentPoliticsLeftInterestEconomySacrificeGainsRaisedRateCongressAgencyLiberalismReservesFederal ReserveInterest RateGovernment Agencies Author:Wright Patman
“Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate.” ShouldHigherHighestGainsRateIncomeSweatLowestBrowsCapital Gains Author:John C. Bogle
“A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.” PeopleKnowsHardCareBuildingHigherTaxesGainsRateIncomeHealth CareKicksDividendsBuilding UpCapital Gains Author:Fred Thompson
“Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.” KnowsMenLeftAbilityPayClassRichShareMiddleTaxesMembersGainsFairsRateProfitContraryIncomeMiddle ClassRhetoricHandfulSalaryMillionaireStrawsDividendsFair ShareMegaCapital Gains Author:Peter Schiff
“If people want capital gains taxed more like the highest rate on income, that's a good discussion. Maybe that's the way to help close the deficit.” PeopleIfsWayWantHelpingHighestGainsRateIncomeDiscussionDeficitCapital Gains Author:Bill Gates
“I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).” PeopleLongBodyAbleTermPolicyTaxesGainsRateBlowLikesLong TermEndeavorDesirableDiggingCertificatesShufflingCapital GainsDigging Ditches Author:Warren Buffett
“What the issue here is, you get rid of all the conservative orthodoxy about capital gains, marginal tax rate, supply side economics, you just throw all that out the window, limited government and you just embrace the sheer and raw politics of resentment that have been bubbling the whole time and that`s what you get. You get Donald Trump.” Has BeensWholeGovernmentSidesIssuesTrumpTaxesGainsEconomicsWindowEmbraceRateConservativeResentmentSheerOrthodoxyLimited GovernmentCapital GainsSupply Side Economics Author:Chris Hayes
“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
“Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.” RealInterestEconomyGainsRateDrivingIncomeTreatedReservesEstatesFederal ReserveInterest RateCapital GainsBond MarketReal Estate Market Author:Michael Hudson
“I would favor three policies: raising the minimum wage to $12, closing the tax loophole where persons only pay a 15% income tax on long term capital gains (tax it at the full tax rate), and institute a progressive tax moving the highest tax rate from 39.6% to 45%. I would favor implementing these three policies in that order, starting with raising the minimum wage, but not stopping there.” PersonsLongMovingOrderThreeTermPayPolicyTaxesHighestGainsRateStartingFavorsIncomeLong TermProgressiveMinimumStoppingClosingInstituteIncome TaxMinimum WageLoopholesImplementingCapital GainsCapital Gains TaxProgressive Tax Author:Philip Kotler
“I think that the risk to all the progress we've made was at stake in the election because not just the president-elect but a lot of members of Congress, including now the Speaker of the House and the Senate majority leader, have said that their principal agenda was to undo a lot of this progress. But as I've been talking about over the last several days when it comes to health care, the gains that we've made are there. Twenty million people have health insurance that didn't have it before. The uninsured rate is the lowest it's ever been.” PeopleThinkingMadeSaidCareLastsHousePresidentTalkingLeaderMillionsProgressRiskMembersGainsTwentiesElectionMajorityRateIncludingCongressHealth CareAgendasStakesSenateSpeakersPrincipalLowestMajority Leader Author:Barack Obama
“More and more political analysts and weak-kneed politicians are advising the historically pro-life Republican Party to abandon its pro-life stance for political gain. My first response is that if you cannot trust a party on the value of defending human life, how can you trust it on issues like marginal tax rates?” IfsFirstsHumansPoliticalValuesPartyIssuesPoliticianRepublicanTaxesGainsWeakResponseRateHuman LifeAbandonRepublican PartyPro LifeStanceAnalysts Author:Gary Bauer
“I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.” TaxesGainsInvestmentRateIncomeSavingMaintainingSavingsAnnualsDividendsCapital GainsSavings And Investment Author:Mitt Romney
“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.” IfsKnowsWantLooksRealityInterestForgetEconomyFiguresGainsInvestmentRateSpendingProductivityConsumersInflationInterest RateRetailIndicatorsRetail Sales Author:Mark Skousen
“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.” PeopleIfsMadeCountryFactsBigsWould BePayHigherTaxesOrdinaryGainsRateIncomeSecretaryPercentagesChunksBuffettCapital Gains Author:Michael Bloomberg
“UN studies conducted in more than forty developing countries show that the birth rate falls as women gain equality... I believe income-earning opportunities that empower poor women ... will have more impact on curbing population growth that the current system of "encouraging" family planning practices through intimidation tactics.. Family planning should be left to the family.” ShouldBelieveCountryShowsFallOpportunityLeftI BelieveGrowthPoorPracticeStudyBirthGainsImpactRatePopulationCurrentsPlanningIncomeDevelopingEmpoweringFortyEarningTacticsIntimidationDeveloping CountriesPopulation GrowthFamily PlanningBirth Rate Author:Muhammad Yunus
“The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.” GrowthEconomicTaxesGainsRateDrivingBarriersZeroProposeEconomic GrowthCapital GainsCapital Gains Tax Author:Herman Cain
“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
“Still, a prince should make himself feared in such a way that if he does not gain love, he at any rate avoids hatred; for fear and the absence of hatred may well go together, and will be always attained by one who abstains from interfering with the property of his citizens and subjects or with their women.” IfsWayShouldWellsMayDoeArtStillsWarTogetherSubjectsCitizensGainsHatredPropertyRateAbsenceInterfereArt Of War Author:Niccolo Machiavelli
“To me, this goes beyond disappointing. It shows that we are failing to gain ground on the very conditions we need to reverse to improve our graduation rates and produce more students who are ready for college and the workforce.” NeedsShowsFailingConditionsStudentsProduceCollegeReadyGainsRateReverseDisappointingWorkforce Author:Bob Wise