A Quote by David Duval
I realize what it means to be financially comfortable, and I want to be that. But I'm lucky enough to be in that position. And I'm also careful. I save 38 percent of my earnings after expenses, before taxes.
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You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.
I'm in the lucky position financially where I don't have to do things I don't want to do.
If we reduced the military expenses in 10 percent of the world, we would have enough money to save millions of lives in this world.
Buttercup's mother whirled on him. 'Did you forget to pay your taxes?' (This was after taxes. But everything is after taxes. Taxes were here even before stew.)
When I became mayor of New York City, I had a $2.4 billion deficit. And everybody wanted me to raise taxes. I said, 'If I raise taxes, I'll drive people out of New York City, and then I'll be raising taxes again.' So what I did was I cut expenses by 15 percent.
The issue is not about raising taxes. The issue is, how do we allocate the wealth that we have? We spend trillions of dollars on a military industrial complex. The United States accounts for 38% of all the military armaments produced in the world. 38%. This is a huge amount of money. People want and need services. They want roads, they want healthcare.
I'm in this position where I can afford to wait, I'm lucky enough to be financially secure to not have to do anything that's thrown at me. You know the next couple of jobs are going to be pretty crucial in terms of how you're perceived by people. So I'm just waiting.
There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.
Honestly, after doing a TV show for eight years and a cartoon for more than a decade, you are, financially speaking, in a very lucky position where you don’t have to work for the sake of working. And I decided to take advantage of that.
If I'm only fighting once or twice a year, that's just not going to be enough to make a dent in the sport or enough financially for me to get myself to where I want to be and position myself.
'Simplifying' the tax code is a priority mainly for people who make enough money to want to avoid paying taxes, and who make their money by means unorthodox enough to make avoiding taxes possible and desirable.
I'm lucky enough that financially I don't have to feel obliged to go for the bigger stuff. I like the stories and scripts to dictate if I want to do them.
It's an advantage for both parties to have the other. It also creates good stability of earnings. Our business mix means we have a diversified earnings stream, which is one of the things why we got through the tough times so successfully.
President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.
Why should I stop working? If I do, I'll die and it'll all be finished. 'm lucky to work in the most perfect of conditions. I can do what I want in all kinds of areas. The expenses are not expenses. I would be stupid to stop that. Work is making a living out of being bored.
I'm very lucky because less than one percent of boxers get out of the game financially secure.
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