A Quote by Thabo Mbeki
The Auditor-General has been complaining year in and year out that the municipalities have not paid auditing fees. It is not because they are reluctant but they don't have the money to pay the Auditor. So, you can't say that you are throwing money at somebody who doesn't have money. Lots of the things that the municipalities can't do are because resources are not there.
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Mandatory auditor rotation is designed to address a potential conflict of interest between a public company and its auditor. Because an auditor is hired and paid by the public company it audits, the auditor's desire to maintain a good relationship with its client could conflict with its duty to rigorously question the client's financial statements.
I am quite convinced that we need to increase the resources that go to municipalities if we want the municipalities to do the things the Constitution and the law say they must do. It can't be avoided.
I went to art school for about a year. I was born and raised in the Willamette Valley in Oregon into a middle-class family who didn't have the funds to say, "Here, kid. Here's your money for school." So I worked real hard during the summer and saved money and was able to go to school for a year and borrowed a little money which I paid back after that first year.
You have phantom income each year. No money is being put in your pocket, but you have to take some money out of your pocket to pay Uncle Sam because the tax is paid based on accretion.
You have to realize WWE's contract. They're not getting paid from advertising money. USA makes that money. WWE gets paid by USA, they get paid a lot of money, and the money increases every year. Ratings aren't the most important thing to them.
Senior executives can, after a fashion, get a portion of their pay tax-free. You defer part of your income and not have to pay taxes on it, and then when you retire you have the company buy a life insurance policy on you using that money. The company can deduct that money because it is a business expense, and the money will get paid out to your children or grandchildren when you die, so you have effectively given them your money and it's never been taxed.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
I would never play an extra year for money. I play the game because I love it. I just so happen to get paid. If I don't feel I still enjoy the game, I can care less what a year is worth. I'm not going to play the game just because of money.
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
My younger brother runs a guesthouse, and my sister is a janitor. I have not given them money because they earn their own money. I pay for their children's school fees.
You'll find a lot of rural municipalities, very, very big district municipalities that actually have no tax base whereas our system of government presumes that the bulk of resources from government will come from resources that they will generate themselves.
You, as a wage earner have to pay your taxes every year on your income for that year. So if you have a one-time windfall that makes you a lot money you could end up in the top tax bracket. But if you're a corporation you are allowed to reach forward with deferrals for years. Over a 45 to 50 year period, you can balance out the winning years and the losing years in such a way that you pay very little tax, especially considering the time-value of the money.
In the developing world, they don't have smartphones yet. They have the older plastic phones, but women are saving money on those, because they don't have access to banks. Having that access to digital money changes everything for her because she actually doesn't have to negotiate with her husband, which she will tell you is very hard in these circumstances, especially when the means are meager. She's expected to have money to pay for the kids' health or to help with the school fees.
You know why stardom screws up people ? Because it gives you too many choices. As a 20-year-old I was making as much money as, well, as much money as it was possible for a 20-year-old to make in India. That sort of thing could drive people nuts. But I put my in money in the bank.
It'd be nice to make lots of money but it's quite difficult, because every time I make lots of money I make a bigger piece that costs lots of money.
The money's always been on the table. We could have took that money any time we wanted - every year, two, three times a year we've had offers, all the way down the line.
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