Investment Income Quotes

If you can actually count your money, then you are not really a rich man.

You become financially free when your passive income exceeds your expenses.

Profits are better than wages. Wages make you a living; profits make you a fortune.

Only 18 percent of the income of America’s richest families come from work—hard or otherwise. In America, most wealth does not come from hard work, It comes from wealth.

I personally - if I were designing the tax code - would have a tax code in which Mitt Romney paid more than 13 percent, given what I know about the kind of investments he made money from.

When Arizona became a state, the federal government granted our founders nearly 11 million acres of state land. Every time we sell a piece of that land, proceeds go into the Land Trust where the money is invested and earns interest.

The myth is that people get their money back from Social Security. Not true. You get somebody else's money back. This is an intergenerational transfer.

People like me, whose income largely comes from dividends, should pay more taxes.

I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.

I'm getting rid of the carried interest provision.

As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.

... the Social Security trust fund is not spare money; it is spoken for.

When fresh sorrows have caused us to take some steps in the right way, we may not complain. We have invested in a life annuity, but the income remains.

I've been in favor of getting rid of carried interest for years, starting when I was a senator from New York.

People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.

During my 30 years on Wall Street, taxes on 'unearned income' have bounced up and down with regularity, and I've never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.

God forbid if David Crosby gets sick again and I can't tour anymore, or something happens where I can't get around, what am I going to live on? I'm going to be living on mechanicals. So I don't want to hear it.

I've always taken risks and bought property well. As journalism wasn't particularly well paid, buying homes and selling them for profit improved my income.

Whether you're earning income because you have money sitting in the bank or a stock account somewhere, you should be taxed on that income fairly and the same.

Those who make money off of money get a better deal in the Tax Code than those who make money from hard work.

Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.

An active investor is someone who actually lives off their investments as opposed to wages from a job.

It is better to have a permanent income than to be fascinating.

The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.