If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
Michael BloombergKeep in mind, Mike Bloomberg's kids and grandkids are breathing that air just like the coalminers' families are breathing that air. And the coalminers are the ones that have the conflict. They want their jobs, I understand that. They need to be able to feed their families. They also have to worry about their health and the health of their families.
Michael BloombergYou know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
Michael Bloomberg