The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other people from having opportunities. It may be good for a family, but for society it's probably not good. And I've always been in favor of having an estate tax.
Michael BloombergThe politics of partisanship and the resulting inaction and excuses have paralyzed decision-making, primarily at the federal level, and the big issues of the day are not being addressed, leaving our future in jeopardy.
Michael BloombergIf 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 BloombergI've got the greatest job in the world. There's no other job in government where cause and effect is so tightly coupled where you can make a difference every day in so many different ways and in so many different people's lives. It's a great challenge.
Michael BloombergOther ways of looking at the environmental or climate change stuff is to frame it in the context that it is simultaneously a public health issue. One out of eight premature deaths worldwide happens because of air pollution. The worst power plant in America kills 278 people a year and causes 445 heart attacks. So, when we improve air quality we improve our lives, and at the same time we improve the climate as well. We must see climate policy from this perspective and not as an abstract threat that may threaten our survival in 100 years.
Michael Bloomberg