“We got government off the backs of the people of India, particularly off the backs of India's entrepreneurs. We introduced more competition, both internal competition and external competition. We simplified and rationalized the tax system. We made risk-taking much more attractive.” PeopleMadeGovernmentRiskTaxesIndiaEntrepreneurCompetitionAttractiveInternalsRisk-takingTax System Author:Manmohan Singh
“The growth stock theory of investing requires patience, but is less stressful than trading, generally has less risk, and reduces brokerage commissions and income taxes.” GrowthRiskTheoryTaxesInvestingIncomeTradingStressfulIncome Tax Author:Thomas Rowe Price, Jr.
“I think if I were a superhero saving the world, I'd expect at least not to have to pay income taxes. I mean there should be something in it for a hero who risks his life to save mankind every day.” IfsThinkingWorldShouldMeanPayRiskMankindHeroTaxesIncomeSavingSuperheroIncome TaxSave The World Author:Stan Lee
“I am not brave enough to not pay my income tax and risk going to jail. But I can say rather freely what I want to say with my art.” WantArtI CanEnoughPayRiskTaxesBraveIncomeJailIncome TaxKent Author:Corita Kent
“With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.” PeopleNeedsReasonWould BeRunningPayEconomyRichCuttingRiskRepublicanTaxesOppositesIncreaseRaisesStrategySpendingNo ReasonDeficitMandatesImpunityAggravating Author:Dick Morris
“A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors: The probability that the investment you chose will preserve your capital over the time you intend to invest your funds. The probability the investments you select will outperform alternative investments for this period.” TwoLossRiskPeriodsTaxesInvestmentDefinitionsFollowingFactorsAlternativesPreservesFundRealisticProbabilityInflationSelect Book:Contrarian Investment Strategies in the Next Generation Source: Contrarian Investment Strategies in the Next Generation
“Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking ... The present tax load ... distorts economic judgments and channels an undue amount of energy into efforts to avoidtaxliabilities.” EnergyGrowthEffortRiskEconomicAmountTaxesJudgmentInvestmentFinancialHeavyDragLoadIncentivesRisk-takingTax System Author:John F. Kennedy
“[High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our present tax system...reduces the financial incentives for personal effort, investment, and risk-taking.” EffortRiskTaxesInvestmentRateFinancialProductionsIncomeChecksGoodsConsumptionIncentivesDiscouragingAvoidanceIncome TaxRisk-takingTax System Author:John F. Kennedy
“Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.” Has BeensGovernmentAmericaProcessLinesBreakRiskIndustryTaxesGreenMovedInvestmentDozenUrbanIncentives Author:Jesse Jackson
“Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.” ShouldMadeDecisionRiskTaxesBasesInvestmentMinimumNet Worth Author:Warren Buffett
“f the government is going to put money into the automobile sector, it should break up GM and Chrysler as a condition of financial aid, and it should be even-handed in its treatment of start-up firms like Tesla, Miles, Fisker, and others. It would be terrible to kill the entrepreneurs who have taken great risks to bring new automotive technologies to market by pumping tax dollars into the behemoths that have done everything wrong for the last years.” ShouldYearsDoneGovernmentWould BeLastsBreakTechnologyTakenRiskConditionsTerribleTaxesDollarsEntrepreneurFinancialAidsMilesFirmTreatmentLast YearAutomobileGreat RiskTeslaTax DollarsChryslerBehemothFinancial Aid Author:Denis Hayes
“I’m not only a lawyer, I have a post-doctorate degree in federal tax law from William and Mary. I’ve worked in serious scholarship ... my husband and I have raised five kids, we’ve raised 23 foster children. We’ve applied ourselves to education reform. We started a charter school for at-risk kids.” ChildrenStatesKidsSchoolLawUnitedUnited StatesFiveRiskSeriousHusbandTaxesDegreesCourtRaisedLawyerReformPostsMy HusbandMaryScholarshipFoster ChildrenCharterEducation ReformDoctoratesCharter SchoolsFederal Taxes Author:Michele Bachmann
“The only role other than paying their taxes, whatever those are, the only role for philanthropy broadly - of which the rich should give disproportionately - the more, the better - and I think there is a positive trend in that direction - there are certain risk-taking things, like trying out a new type of charter school or funding a new kind of medicine.” ThinkingGivingShouldTryingKindSchoolCertainRolesRichRiskTypeTaxesMedicineTrendsPhilanthropyFundingRisk-takingCharterCharter Schools Author:Bill Gates
“You lower the [tax] rate, you will motivate and incentivize more people to put more capital at risk to create more jobs.” PeopleJobsRiskTaxesRate Author:Anthony Scaramucci
“After Brexit referendum, our country faces major challenges. Risks to the economy and living standards are growing. The public is split.The government is in disarray. Ministers have made it clear they have no exit plan, but are determined to make working people pay with a new round of cuts and tax rises.” PeopleMadeCountryGovernmentFacesChallengesPayEconomyClearCuttingGrowingPlansRiskTaxesMajorsStandardsRoundsDeterminedOur CountryMade ItMinistersSplitsExitReferendumsDisarrayNo Exit Author:Wes Streeting
“The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.” GrowthDecisionEconomyRiskTaxesGainsFlowDifficultyInvestmentEaseVentureObtainingMobilityCapital GainsNew VenturesCapital Gains Tax Author:John F. Kennedy
“As a country, Americans have to find a way to keep our cities solvent. If large numbers of cities no longer have the necessary tax base, we have to find federal methods to intervene. If we don't, there's a risk of dozens of cities simply being left to their bankrupt fates - and I can't see how that serves anybody's interests in the long run.” LongCountryRunningInterestFateRiskTaxes Author:Sasha Abramsky