A Quote by Ronald Syme
Crassus was in the habit of maintaining that nobody should be called rich who was not able to maintain an army on his income.
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It's one thing to maintain that upper-income earners should pay higher tax rates because they are better able to shoulder the burden for essential government services. But it's constitutional blasphemy to claim that the tax code should be used as a weapon against the wealthy and that the state should be the tyrannical arbiter of how income is distributed.
There is an error common to both oligarchies and to democracies: in the latter the demagogues, when the multitude are above the law, are always cutting the city in two by quarrels with the rich, whereas they should always profess to be maintaining their cause; just as in oligarchies the oligarchs should profess to maintain the cause of the people, . .
There are three ways in which a ruler can bring misfortune on his army: By commanding the army to advance or to retreat, being ignorant of the fact that it cannot obey. This is called hobbling the army. By attempting to govern an army in the same way as he administers a kingdom, being ignorant of the conditions which obtain in an army. This causes restlessness in the soldier's minds. By employing the officers of his army without discrimination, through ignorance of the military principle of adaptation to circumstances. This shakes the confidence of the soldiers.
A man's wealth must be determined by the relation of his desires and expenditures to his income. If he feels rich on ten dollars, and has everything else he desires, he really is rich.
A man is rich whose income is larger than his expenses, and he is poor if his expenses are greater than his income.
I have left the obvious, essential fact to this point, namely, that it is the Russian Armies who have done the main work in tearing the guts out of the German army. In the air and on the oceans we could maintain our place, but there was no force in the world which could have been called into being, except after several more years, that would have been able to maul and break the German army unless it had been subjected to the terrible slaughter and manhandling that has fallen to it through the strength of the Russian Soviet Armies.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
Nobody under the age of 55 should be able to stand for election, and nobody under the age of 30 should be able to vote in those elections.
If you have Trump avoiding income tax and money coming in, and then he's still able to control it and use it as if it was his income to help his interests, then you're starting to see a bigger legal problem.
We commonly say that the rich man can speak the truth, can afford honesty, can afford independence of opinion and action;--and that is the theory of nobility. But it is the rich man in a true sense, that is to say, not the man of large income and large expenditure, but solely the man whose outlay is less than his income and is steadily kept so.
All of the incessant debate about development assistance, and whether the rich are doing enough to help the poor, actually concerns less than 1% of rich world income. The effort required of the rich is indeed so slight that to do less is to announce brazenly to a large part of the world: 'You count for nothing.' We should not be surprised, then, if in later years the rich reap the whirlwind of that heartless response.
What is it to be rich? It is to have an assured income in excess of expenditures, and to have no occasion for anxiety for the morrow. It is to be above the necessity of living from hand to mouth. It is to be able (or to have grounds to insanely suppose one's self to be able) to live outside of God's providence.
To keep your actions and your plans secret always has been a very good thing . .. Marcus Crassus said to one who asked him when he was going to move the army: 'Do you believe that you will be the only one not to hear the trumpet?
Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.
But being overborne with numbers, and nobody daring to face about, stretching out his hands to heaven, [Romulus] prayed to Jupiter to stop the army, and not to neglect but maintain the Roman cause, now in extreme danger. The prayer was no sooner made, than shame and respect for their king checked many; the fears of the fugitives changed suddenly into confidence.
Supreme Court Justice Anton Scalia should be commended for acknowledging that his views are so strong that - should the Pledge case reach the Supreme Court - he wouldn't be able to maintain the requisite impartiality.
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