When a nation is over-reliant on one or two commodities like oil or precious minerals, corrupt government ministers and their dodgy associates hoard profits and taxes instead of properly allocating them to schools and hospitals.
BonoI know the Federal Reserve Bank can continue to print more and more money… but city and state governments cannot.
Robert KiyosakiWorking hard to earn more money and then giving it away in higher taxes isn’t financially intelligent, even if you do put some of it into a retirement account.
Robert KiyosakiThere certainly is a case to be made that taxes should be more progressive.
Bill GatesI’m not a macroeconomics person.
Bill GatesDebt is a social and ideological construct, not a simple economic fact.
Noam ChomskyAnd so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it’s going up at the level of inflation, maybe just slightly above inflation, we’ve made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That’s why we did it.
Barack ObamaGold is hoarded. It’s estimated that 95 percent of all gold ever mined is still around.
Robert KiyosakiIn the middle of a recession, where we’re just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.
Joe BidenThe answer to many of the domestic problems we face is not higher taxes and more spending. It is less waste, more results and greater freedom for the individual American to earn a rightful place in his own community – and for States and localities to address their own needs in their own ways, in the light of their own priorities.
Richard M. NixonThe real minimum wage is zero.
Thomas SowellI have spoken about inflation, unemployment, farmers‘ problems, security, etc. I keep talking about these issues. I seek answers from the Indian government.
Narendra ModiThere can be no liberty unless there is economic liberty.
Margaret ThatcherCapital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.
Mahatma GandhiFor every benefit you receive a tax is levied.
Ralph Waldo EmersonRich countries can afford to overpay for things.
Bill GatesA shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.
Thomas SowellIn this world nothing can be said to be certain, except death and taxes.
Benjamin FranklinSocialists tend to want to pay people more money to do less work, and capitalists tend to want to provide better products at better prices.
Robert KiyosakiA national debt, if it is not excessive, will be to us a national blessing.
Alexander HamiltonIt is a way to take people’s wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
Thomas SowellThe problem is not that people are taxed too little, the problem is that government spends too much.
Ronald ReaganYou know, if you are kind of rich, the best thing is that you don’t have to think about money. The best thing you can buy with money is freedom, time. I don’t know how much I earn a year. I have no idea. I don’t know how much I pay in taxes.
Haruki MurakamiThe value of a dollar is social, as it is created by society.
Ralph Waldo EmersonI go for all sharing the privileges of the government, who assist in bearing its burdens. Consequently, I go for admitting all whites to the right of suffrage, who pay taxes or bear arms (by no means excluding females).
Abraham LincolnCapitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.
Thomas SowellIf anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end – people like myself – should be paying a lot more in taxes. We have it better than we’ve ever had it.
Warren BuffettI pay a lot of tax, and I feel, one of the reasons I stay and pay why I’m not based in Monaco… I think my country helped me.
J. K. RowlingIn the 1930s, unemployed working people could anticipate that their jobs would come back.
Noam ChomskyNo nation was ever ruined by trade.
Benjamin FranklinI am not worried about the deficit. It is big enough to take care of itself.
Ronald ReaganGreece has been, in many ways, a partially dysfunctional society. For example, the wealthy barely pay taxes… to an extent, that’s true elsewhere, including the United States, but it’s been pretty extreme in Greece.
Noam ChomskyThe problem with being an employee or self-employed is you pay the highest taxes.
Robert KiyosakiThe income tax has made liars out of more Americans than golf.
Will RogersConcentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.
Noam ChomskyPeople concerned about inflation today tend to buy big houses and nice cars.
Robert KiyosakiThe true cost to the world of a burger is far greater than the money you hand over to buy it.
Richard BransonThe Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment… the European Central Bank has only the first. It has no commitment to keep employment up.
Noam Chomsky‚Obama and Biden want to raise taxes by a trillion dollars.‘ Guess what? Yes, we do in one regard: We want to let that trillion dollar tax cut expire so the middle class doesn’t have to bear the burden of all that money going to the super-wealthy. That’s not a tax raise. That’s called fairness where I come from.
Joe BidenThe problem with socialism is that you eventually run out of other peoples‘ money.
Margaret ThatcherIt is just as important that business keep out of government as that government keep out of business.
Herbert HooverInflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
Ronald ReaganThe Planck satellite may detect the imprint of the gravitational waves predicted by inflation. This would be quantum gravity written across the sky.
Stephen HawkingI do know that throughout history, all paper money has eventually come back to its true value, which is zero.
Robert KiyosakiThe dollar has lost over 90 percent of its value since the Fed was created.
Robert KiyosakiLabor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.
Abraham LincolnWhat do you think a stimulus is? It’s spending – that’s the whole point! Seriously.
Barack ObamaMy background educationally is physics and economics, and I grew up in sort of an engineering environment – my father is an electromechanical engineer. And so there were lots of engineery things around me.
Elon MuskMoney is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks it’s a subject below their social standing.
Robert KiyosakiI can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
Barack ObamaWe must lay hold of the fact that economic laws are not made by nature. They are made by human beings.
Franklin D. RooseveltSocialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
Thomas SowellI didn’t pay my taxes for years.
Noam ChomskyFor most of us, relationship with another is based on dependence, either economic or psychological. This dependence creates fear, breeds in us possessiveness, results in friction, suspicion, frustration.
Jiddu KrishnamurtiCompetition is not only the basis of protection to the consumer, but is the incentive to progress.
Herbert HooverEvery family should have the right to spend their money, after tax, as they wish, and not as the government dictates. Let us extend choice, extend the will to choose and the chance to choose.
Margaret ThatcherEconomic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.
Warren BuffettEconomists treat economics as if it is a pure science divorced from the facts of life. The result of this false accountancy is a willful confusion under cover of which industry wreaks its havoc scot-free and ignores the environmental cost.
Vivienne WestwoodArt is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.
Elbert HubbardMarkets have built in inefficiencies, serious inefficiencies which are well known.
Noam Chomsky