A Quote by George W. Bush
Mr. Vice President, in all due respect, it is-I'm not sure 80 percent of the people get the death tax. I know this: 100 percent will get it if I'm the president.
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Both President Obama and former President George W. Bush were interviewed on 'Face the Nation' over the weekend. President Bush said there's a 50 percent chance his brother Jeb will run for president in 2016. Then he said, 'But there's an 80 percent chance he won't.'
The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.
Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.
My dad challenged every president from President [Dwight] Eisenhower and Vice President [Richard] Nixon to President [J.F] Kennedy, Vice President [Lindon] Johnson to President Johnson and Vice President [Hubert] Humphrey. It`s challenging the administrations to do the right thing.
I kind of dread any kind of critical response, just because it's always painful in some way. Even if it's 80 percent good, it's the 20 percent that's bad that you remember - and that's a higher number than I usually get, 80 percent would be amazing.
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.
The reason we've been growing at 1.8 percent for the last eight, ten years, which is way below the historical average, is in large part because of our tax code. It is important to us to get the biggest, broadest tax reduction, tax cuts, tax reform that we can possibly get because it's the only way we get back to 3 percent growth. That's what's driving all of this, how do you get the American economy back on that historical growth rate of 3 percent and out of these doldrums of 1.8, 1.9 that we had of the previous Barack Obama administration?
[Obamacare] premiums are going up 60 percent, 70 percent, 80 percent. Next year they're going to go up over 100 percent. And I'm really glad that the premiums have started - at least the people see what's happening.
I had aches and pains when I played. No player is ever 100 percent, 80 percent, 85 percent. Guys that play 158 or 162 or 145, we are all in the same boat.
The income tax only taxed the Rockefellers, the Morgans and the Vanderbilts. It was aimed at the top 4 percent, and the top rate then in 1913, was 7 percent. Woodrow Wilson had a big ceremony and said, "I'm delighted to be president at the creation of this popular new tax."
Constitutionally, gentlemen, you have the president, the vice president and the secretary of state, in that order, and should the president decide he wants to transfer the helm to the vice president, he will do so. As for now, I'm in control here, in the White House.
But if the choice is a cool president and 8 or 10 percent unemployment in a declining economy and a country that seems to be going in the wrong direction and structural unemployment for young people at 50 percent, I'd rather have a dorky president who fixed those problems.
The focus, to my mind, is to make sure that Donald Trump does not become president of the United States. I think by temperament he is unqualified to be president. I think his views - you have a guy who's running for president who rejects science, doesn't even believe climate change is real, let alone wants to do something about it, wants to give hundreds of billions of dollars in tax breaks to the top two-tenths of one percent.
When I talked to him on the phone yesterday. I called him George rather than Mr. Vice President. But, in public, it's Mr. Vice President, because that is who he is.
If everyone in America agreed that 80 percent of their contributions for House, Senate, and president could only come from people making contributions of $100 or less, we'd have a pretty darn good system. The influence of money would be gone.
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