Top 1170 Wealthy Quotes & Sayings - Page 20

If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

Dear God, I prayed, all unafraid (as we're inclined to do), I do not need a handsome man but let him be like You; I do not need one big and strong nor yet so very tall, nor need he be some genius, or wealthy, Lord, at all; but let his head be high, dear God, and let his eye be clear, his shoulders straight, whate'er his state, whate'er his earthly sphere; and let his face have character, a ruggedness if soul, and let his whole life show, dear God, a singleness of goal; then when he comes (as he will come) with quiet eyes aglow, I'll understand that he's the man I prayed for long ago.

Thus far, both political parties have been remarkably clever and effective in concealing this new reality. In fact, the two parties have formed an innovative kind of cartel—an arrangement I have termed America’s political duopoly. Both parties lie about the fact that they have each sold out to the financial sector and the wealthy. So far both have largely gotten away with the lie, helped in part by the enormous amount of money now spent on deceptive, manipulative political advertising.

Friend, you cannot legislate the poor into freedom by legislating the wealthy out of freedom. And what one person receives without working for, another person must work for without receiving. The government can't give to anybody anything that the government does not first take from somebody. And when half of the people get the idea they don't have to work because the other half's going to take care of them, and when the other half get the idea it does no good to work because somebody's going to get what I work for. That, dear friend, is about the end of any nation.

The Challenge is to pry Bertie loose from Dain and his circle of oafish dengenerates,” Jessica said severely. “It would be far more profitable to pry Dain loose for yourself,” said her grandmother. “He is very wealthy, his lineage is excellent, he is young, strong, and healthy, and you feel a powerful attraction.” “He isn’t husband material.” “What I have described is perfect husband material.” said her grandmother. “I don’t want a husband.” “Jessica, no woman does who can regard men objectively. And you have always been magnificently objective.

A false identity is any lie that contradicts our God-given identities through Scripture. These false identities can be created by ourselves because of sin in our lives, choices made, or wrong turns taken and the regret, guilt, and shame that follows. Other false identities are handed to us by outside sources, maybe a damaging word spoken to us by someone or a childhood of abuse. However, not all false identities are negative on the surface, such as successful, attractive, wealthy, athletic, or talented. But even those identities can become false when we place too much of our weight on them.

Nature does not conquer the world to God. It never has. It never will. In America, with its vast abounding wealth, its grand expanse of prairie, its reach of river, and its exuberant productiveness, there is danger that our riches will draw us away from God, and fasten us to earth; that they will make us not only rich, but mean; not only wealthy, but wicked. The grand corrective is the cross of Christ, seen in the sanctuary where the life and light of God are exhibited, and where the reverberation of the echoes from the great white throne are heard.

I was travelling with Bruce Sterling on our mutual Difference Engine tour and he became aware from the experience of travelling with me that I would distinguish among the shoes in a perfectly normal fashion, but form him it was a revelation. There's a very lyrical passage in Holy Fire about old wealthy European men and their shoes, and how beautiful their shoes are, and how there have never been shoes as beautiful. I think that that was probably as close as Bruce will ever get to homage in my direction. I made him aware of footwear fashion.

The absence of effective State, and, especially, national, restraint upon unfair money-getting has tended to create a small class of enormously wealthy and economically powerful men, whose chief object is to hold and increase their power. The prime need is to change the conditions which enable these men to accumulate power which is not for the general welfare that they should hold or exercise. We grudge no man a fortune which represents his own power and sagacity, when exercised with entire regard to the welfare of his fellows.

I AM wealthy, poor, healthy, sick, free, confined were first of all impressions or conditions felt before they became visible expressions. Your world is your consciousness objectified. Waste no time trying to change the outside; change the within or the impression; and the without or expression will take care of itself. When the truth of this statement dawns upon you, you will know that you have found the lost word or the key to every door. I AM (your consciousness) is the magical lost word which was made flesh in the likeness of that which you are conscious of being.

[Speaking to a group of wealthy New Yorkers] A million years ago, the cave man, without tools, with small brain, and with nothing but the strength of his body, managed to feed his wife and children, so that through him the race survived. You on the other hand, armed with all the modern means of production, multiplying the productive capacity of the cave man a million times — you are incompetents and muddlers, you are unable to secure to millions even the paltry amount of bread that would sustain their physical life. You have mismanaged the world, and it shall be taken from you.

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.

This is one way that wealthy Americans could really contribute. They could put hundreds of millions of dollars into the infrastructure bank, be a good investment for them, for their children, for their grandchildren, and they would directly contribute to revitalizing a big sector of middle-class wages in America and making our country more productive, so that we could create more opportunity. But I think that we could get a lot of grassroots support from, like, local chambers of commerce and other things if they understood exactly how this infrastructure bank would work.

In American terms, the accomplishment of Genghis Khan might be understood if the United States, instead of being created by a group of educated merchants or wealthy planters, had been founded by one of its illiterate slaves, who, by sheer force of personality, charisma, and determination, liberated America from foreign rule, united the people, created an alphabet, wrote the constitution, established universal religious freedom, invented a new system of warfare, marched an army from Canada to Brazil, and opened roads of commerce in a free-trade zone that stretched across the continents.

Liberals believe that crime is inextricably linked with poverty. In reality, most poor people never resort to crime, and some wealthy people commit evil acts to enrich themselves further. Harlem, East Los Angeles, the South side of Chicago are not the poorest communities in the United States. According to a new U.S. Bureau of the Census report, the poorest communities are Shannon County, South Dakota, followed by Starr, Texas, and Tunica, Mississippi. Have you ever heard of these residents rioting to protest their living conditions?

Though the poorest Americans voted for Hillary Clinton, many relatively wealthy people voted for Trump and generally it's a mistake to think that economics explains Trump. The US is doing relatively well, the economy has significantly recovered since 2008, unemployment rates are low. I would say rather that his appeal to the working class was cultural: "I'll bring back the kinds of jobs your fathers had," and, by implication, the whiter, simpler post-war world when America had no real economic competition.

With his continual doctrine [Bishop Hooper] adjoined due and discreet correction, not so much severe to any as to them which for abundance of riches and wealthy state thought they might do what they listed. And doubtless he spared no kind of people, but was indifferent to all men, as well rich as poor, to the great shame of no small number of men nowadays. Whereas many we see so addicted to the pleasing of great and rich men, that in the meantime they have no regard to the meaner sort of poor people, whom Christ hath bought as dearly as the other.

Act as if! Act as if you're a wealthy man, rich already, and then you'll surely become rich. Act as if you have unmatched confidence and then people will surely have confidence in you. Act as if you have unmatched experience and then people will follow your advice. And act as if you are already a tremendous success, and as sure as I stand here today - you will become successful.

It would be well for those interested to reflect whether there now exists, or ever has existed, a wealthy and civilized community in which one portion did not live on the labor of another; and whether the form in which slavery exists in the South is not but one modification of this universal condition... Let those who are interested remember that labor is the only source of wealth, and how small a portion of it, in all old and civilized countries, even the best governed, is left to those by whose labor wealth is created.

It used to be that wealthy people were the leisure class, and having time off was a status symbol. That's switched now: being busy and overworked is the reality for many white-collar workers, and there's a kind of perverse currency to that, competitive busy-ness. At the other end of the income scale, there's a swath of lower-wage workers who are underemployed or unemployed, with too much unwanted leisure, and zero status for that. For shift workers, devices mean they're accessible in ways they weren't before, susceptible to that call from the boss to log more hours.

The British use a system where the profits a corporation reports to shareholders is what they pay taxes on. Whereas in America we require corporations to keep two sets of books, one for shareholders and one for the IRS, and the IRS records are secret. For publicly-traded companies, the British system would tend to align the interests of the government with the interests of the company because the company wants to report the biggest possible profit. Though, all wealthy countries have high taxes as wealth requires lots of common goods, from clean water to public education to a justice system.

Imagine a person, tall, lean and feline, high-shouldered, with a brow like Shakespeare and a face like Satan, a close-shaven skull, and long, magnetic eyes of the true cat-green. Invest him with all the cruel cunning of an entire Eastern race, accumulated in one giant intellect, with all the resources of science past and present, with all the resources, if you will, of a wealthy government--which, however, already has denied all knowledge of his existence. Imagine that awful being, and you have a mental picture of Dr. Fu-Manchu, the yellow peril incarnate in one man.

Assume that a surgeon has discovered how to do brain surgery, that he can do only one a month, that 1,000 persons a year need such an operation if they are to survive. How is the surgeon's scarce resource to be allocated? Charge whatever price is necessary to adjust supply and demand, say $50,000! 'For shame,' some will cry. 'Your market system will save only wealthy people.' For the moment, yes. But soon there will be hundreds of surgeons who will acquire the same skill; and, as in the case of the once scarce and expensive 'miracle drugs,' the price then will be within reach of all.

Some things I won't do for any amount of money. That's so demoralizing and goes against every principle that I hold. It's like, okay, some rich people can buy me because I'm a talented guy. They can buy talent. You can't buy it for yourself, but you can buy other people's talent to serve your purposes. And once an artist does that, he becomes like a plaything of the rich. You know, some of these wealthy collectors have paid lots of money for artwork that I already did, but I didn't do it with the intention of catering to them.

The farther we get from God, the more the world spirals out of control. My heart aches for America and its deceived people. The wonderful news is that our Lord is a God of mercy, and He responds to repentance. In Jonah's day, Nineveh was the lone world superpower-wealthy, unconcerned, and self-centered. When the Prophet Jonah finally traveled to Nineveh and proclaimed God's warning, people heard and repented. I believe the same thing can happen once again, this time in our nation. It's something I long for.

Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.

Rich Indians typically tried to work around a dysfunctional government. Private security was hired, city water was filtered, private school tuitions were paid. Such choices had evolved over the years into a principle: The best government is the one that gets out of the way. The attacks on the Taj and the Oberoi, in which executives and socialites died, had served as a blunt correction. The wealthy now saw that their security could not be requisitioned privately. They were dependent on the same public safety system that ill served the poor.

The insurance companies make about $15 billion a year. They have doubled their profit margin under Obamacare. And so now we're going to take a lot of this and call it a stabilization fund, but really it's a bailout of insurance companies. And I just think that's wrong. I just can't see why ordinary, average taxpayers would be giving money to very, very wealthy corporations. An analogous situation would be this: We all complain that new cars cost too much. Why don't we have a new car stabilization fund and give $130 billion to car companies?

Black Friday, in reality, is a symptom of the plight that 30 years of Reaganomics has brought to working people in America. Right along with the frenzied rise of shoppers willing to fight each other at retail outlets across America, we've been steadily, for the last 30 years, watching the destruction of organized labor ... of decent pay and wages and conditions for working people. ... We have Black Friday today because the wealthy elite have strangled their workers for 32 years, ever since Ronald Reagan's election.