There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
Peter DruckerWhat we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
Peter DruckerThe greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
Peter DruckerFree enterprise cannot be justified as being good for business. It can be justified only as being good for society.
Peter Drucker