“As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.” DoneInterestDifferencesMillionsInvolvedPercentRateWork DoneLoopholesBeneficiaries Author:Steven Rattner
“Ninety-nine percent of the music that was of any interest to me when I was growing up came out of the black community.” BlackInterestCommunityGrowing UpGrowingPercentNineNinetyNinety NineBlack Community Author:David Sanborn
“The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.” ShouldYearsI CanStatesAbleAmericaInterestWalksUnitedUnited StatesPercentObligationBest ThingsReservesUnited States Of AmericaFederal Reserve Author:Andrew Tobias
“If you give up on politics, you're giving up on democracy. And if you give up on democracy, you're basically saying to the moneyed interests, the powerful people and institutions of society, take it all. That's a self-fulfilling prophecy. Then we give up. Then we are 100 percent plutocracy.” PeopleIfsGivingSelfInterestPowerfulDemocracyGiving UpPercentInstitutionsFulfillingProphecySelf Fulfilling ProphecyPlutocracy Author:Robert Reich
“Fewer than 40 percent of the alternative therapies are discussed with one's physician, In my personal view, the current status quo which could easily be described as 'Don't ask and don't tell,' needs to be abandoned -- that is not in anyone's best interest.” NeedsAsksInterestViewsPercentCurrentsAlternativesTherapyAbandonedFewerPhysiciansStatus QuoPersonal Views Author:David Eisenberg
“The whole financial structure of Wall Street seems to rise or fall on the mere fact that the Federal Reserve Bank raises or lowers the amount of interest. Any business that can't survive a one percent change must be skating on thin ice. Why even the poor farmer took a raise of another ten percent just to get a loan from the bank, and nobody from the government paid any attention. But you let Wall Street have a nightmare and the whole country has to help to get them back into bed again.” CountryWholeFactsHelpingSeemsGovernmentFallInterestPoorAttentionStreetsWallAmountBedTenPercentEconomicsPaidRaisesStructureMereFinancialIceNightmareFarmersReservesLoanSkatingFederal ReserveSkating On Thin Ice Author:Will Rogers
“If zero percent of the elites support something, very low chance it's going to pass, if 100% support something, very high chance it's going to pass. Same thing for organized interest groups. But for the average voter, it's a flat line. Which says it doesn't matter whether zero percent of the public believes something or 100% of the average voters believe something - it doesn't affect the probability that that thing will be enacted.” IfsBelieveMatterInterestLinesChanceSupportGroupsLowsPercentAverageOrganizedFlatsZeroVotersElitesProbabilityInterest Groups Author:Lawrence Lessig
“I had interest in acting. I started as a drama major in college. I got to school and said, "What am I going to do with this?" But I didn't know anybody in the business, and it seemed like - I don't know. I had a teacher who said "Less than 1 percent of you will ever make a living being an actor." That was how we opened the semester.” KnowsSaidSchoolActorsInterestActingTeacherCollegeDramaMajorsPercentSemester Author:Greg Kinnear
“Think today's interest rates are high? The Pilgrims borrowed $7000 from a London company of 70 investors in 1620, and devoted the next 23 years to repaying it at 43 percent.” ThinkingYearsTodayNextInterestCompanyPercentRateLondonInvestorsDevotedBorrowedPilgrimInterest RateRepaying Author:L. M. Boyd
“If you have loans, the first thing you want to do is say, "Okay, look I have a credit card, if I really need to borrow, I have this emergency money that I can get, but for now there is no reason for me to keep cash at zero percent interest rate and at the same time, pay all of this money out. So, I think people need to figure out quickly how to pay loans and how much cash they should really keep.” PeopleIfsThinkingWantNeedsShouldFirstsLooksI CanReasonInterestPayFiguresPercentOkayRateCreditCardsNo ReasonZeroCashEmergenciesLoanCredit CardInterest Rate Author:Dan Ariely
“A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21 percent or more.” InterestWorstTypePercentRateCreditCardsCashCredit CardBorrowingInterest Rate Author:Suze Orman
“It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.” WayYearsRealSeemsInterestDifferencesPayEconomicPeriodsTaxesPercentAccountsIncomeSavingZeroInflationSavingsOutrageousWidowsIncome Tax Author:Warren Buffett
“President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.” WarStatesCoursesNationsPresidentInterestKnownPovertyPlansTaxesPercentThirdsRateAverageProsperityIncomeLocalsAdministrationContributionWealthyPresident ObamaJohnsonNotableMortgageIncome TaxCharitableDeductionsWar On PovertyPresident Lyndon Johnson Author:Dick Morris
“My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?” PeopleThinkingNeedsYearsKindMeanChildrenSocialInterestMillionsPlansSecurityBirthTenTaxesPercentInvestmentRateFinancialAverageEggsRetirementOne TimeSocial SecurityNestsInterest RateAdviser Author:Cal Thomas
“The voice-over world has changed radically in the time that I've been in it. It used to be this rather small, select group of people who did 90 percent of the work. Now it's kind of the reverse: 90 percent of the work is done by this very broad mix of people all over the country, and the guys who used to be the go-to guys are a much smaller percentage now. But there was this massive interest in voice-over as well as in the story, so I think that also added to the film's appeal.” PeopleThinkingWorldWellsKindCountryDoneStoriesFilmUsedGuyVoiceInterestGroupsChangedPercentUsed To BeAppealsMassiveBroadsReversePercentagesSelectVoice Over Author:Fred Melamed
“If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.” IfsKidsInterestPayCompanyFiveStudentsHigherPercentRaisesRateCreditDebtCardsLoanCredit CardInterest RateStudent LoanCredit Card Debt Author:Suze Orman
“Remember that in most cases, student loan debt is not dischargeable in bankruptcy. So you continue to pay it off anyway. Those who have very low interest rates (2-2.5 percent) on student loans and know everything is secure, great.” KnowsRememberInterestPayCasesStudentsLowsPercentRateDebtSecureLoanBankruptcyInterest RateStudent Loan Author:Suze Orman
“If your company matches your 401(k) contribution, then no matter what, contribute to your 401(k) first. You put in a dollar, they put in 50 cents. It's an automatic 50 percent return on your money. You can't pass that up. I'd rather have the 50 percent than pay 32 percent interest on a credit card.” IfsFirstsMatterInterestPayCompanyReturnPercentNo Matter WhatDollarsCreditCardsContributionCentsCredit Card Author:Suze Orman
“The gambling industry has a tendency to find public figures ... and these persons are used for their public image. These people generally come in for a couple of years and then they sell out and it's 100 percent owned by out-of-state interests” PeopleYearsPersonsStatesUsedInterestFiguresIndustryCouplePercentSellsTendenciesGamblingPublic FiguresPublic Image Author:John Warren Kindt
“It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?” GivingShouldDoeInterestMillionsStudentsPercentDollarsRateInterest Rate Author:Jesse Jackson
“Fifty percent of all meaningful education takes place in the home. What do you share with your child? You share your interests. I was a book person. I read with my son. My wife is an artist. She dragged his little butt around to museums. He's an illustrator of children's books.” ChildrenLittlesPersonsBookHomeArtistInterestWifeShareSonPercentMy WifeMeaningfulYour ChildrenFiftyMy SonMuseumsChildren's BooksIllustrators Author:Walter Dean Myers
“I am neither Christian enough nor charitable enough to like anybody just because he is alive and breathing. I want people to interest or amuse me. I want them fascinating and witty or so dul as to be different. I want them either intellectually stimulating or wonderfully corny; perfectly charming or hundred percent stinker. I like my chosen companions to be distinguishable from the undulating masses and I don't care how.” PeopleWantDifferentEnoughCareChristianInterestAliveMassPercentHundredWittyDon't CareChosenBreathingI Don't CareFascinatingCompanionCharmingCornyCharitable Author:Betty MacDonald
“You still owe me a million dollars." I'd presented him with a bill for proving his innocence and getting him freed from prison. He had yet to pay. Couldn't imagine why. "Yeah, I was hoping we could work that out." "The interest alone is going to kill you." "What do you charge?" "Three hundred eighty-seven percent." "Is that ethical?" "It's as ethical as my dating the son of Satan.” StillsThreeInterestPayMillionsImagineSonProvePercentHundredDatingYeahBillsDollarsPrisonSevenInnocenceSatanEthicalEightyMillion Dollars Book:Fifth Grave Past the Light: Number 5 in series Source: Fifth Grave Past the Light: Number 5 in series