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
This is the city of dreamers and time and again its the place where the greatest dream of all, the American dream, has been tested and has triumphed. – Michael Bloomberg
What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then youre going to have enormous impact on America, thats a very big trading partner of ours, and people own securities around the world in this day and age. – Michael Bloomberg
The public is upset. If they havent lost their job, they know somebody that has. If they havent lost their house, they know somebody that has. What do you do? When somethings wrong, its governments job to fix it, it must be government thats responsible for causing it. – Michael Bloomberg