A Quote by Keith Ellison
People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax.
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There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the economy.'
Humanity is filled with beautiful and positive and powerful people who care. I'm so glad we have people like Bill Gates and Warren Buffett in the world.
I want to have a tax on people who are making a million dollars. It's called the Buffett rule. Yes, Warren Buffett is the one who's gone out and said somebody like him should not be paying a lower tax rate than his secretary. I want to have a surcharge on incomes above $5 million.
President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.
Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
I don't think Warren Buffett should be the treasurer or whatever. Warren Buffett's nuts! Just because he's a freaking billionaire doesn't mean he has common sense.
As a parent and a citizen, I'll take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobs's example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie.
Bill Gates and Warren Buffett have their 'Giving Pledge,' where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better - to give money to good causes when you are alive. Besides, more Americans can participate.
Bill Gates recently picked up the ukulele. And Warren Buffett is a huge ukulele fan. I even got to strum a few chords with Francis Ford Coppola. It blows my mind that these people, who have everything in the world they could want, have picked up the ukulele and found a little bit of joy.
We came from where people don't look like they have money anyway. We came up in an era where the dudes who had all of the money looked regular, the same way you see billionaires in some run down shoes or old jeans. You see how Warren Buffett, Bill Gates and those dudes dress. Even in our era, the dudes with the money weren't flashy.
Over the time that I followed Warren Buffett, one CFO told me, it's very important to pay attention not only to what Warren Buffett says and what he actually does - often there are subtle differences between the two.
We want an economic team, Paul Krugman and Robert Kuttner, Joseph Steiglitz's people and others, who say, you know what? We're sophisticated economists but we're concerned about poor and working people.
Behind every liberal philanthropist fortune is a huge capitalist score. Bill Gates and Warren Buffett can afford now to be liberal - an expensive indulgence - because in their early incarnations they were no-holds-barred capitalists who made lots of enemies conducting business without mercy and in search of pure profit.
It's really a question of fairness and what kind of country we're going to live in. There are 22,000 people making over $1 million. They're paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That's not right.
I'm probably wouldn't do anything differently if I had to do it again. Every little thing that happens to you, good and bad, becomes a little piece of the puzzle of who you become. Every successful person you read about - Warren Buffett, Bill Gates - they all say pretty much the same thing. 'Do what you love.' I know I did.
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