We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city. – Michael Bloomberg
We have to get control of our borders. You can only do that if you make companies obey the law and not hire undocumented or illegals. They can only do that is if they have a Social Security Card that has biometrics so they know whether the person is legal or not. – Michael Bloomberg
You have to take away some of tax breaks for the wealthy, and you have to cut back on some entitlements. Because, unless we do all of these things, it just doesnt work. And whats good theater and whats good politics isnt necessarily good economic policy. – Michael Bloomberg
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretarys. In fact a very small percentage of people in this country pay a big chunk of the taxes. – Michael Bloomberg