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
Ironically, it is exactly because we are a city that embraces freedom, that welcomes everyone and encourages their dreams, that New York remains on the front lines in the war on terror. – Michael Bloomberg
When I came into office, people said, Billionaire? How do they live? What do they eat? How do they sleep? Today, they see me on the subway coming uptown. A couple of people say hi, some people smile and nod. Some people just sleep. Its not an issue. – Michael Bloomberg
We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city. – Michael Bloomberg
While teaching, I also worked undercover in the lower courts by saying I was a young law teacher wanting experience in criminal law. The judges were happy to assist me but what I learned was how corrupt the lower courts were. Judges were accepting money right in the courtroom. – Samuel Dash