Quotes about revenue

A collection of quotes on the topic of revenue, tax, nation, nationality.

Quotes about revenue

Terry Pratchett photo
Karl Marx photo

“As the variable capital always stays in the hands of the capitalist in some form or other, it cannot be claimed in any way that it converts itself into revenue for anyone.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Vol. II, Ch. XX, p. 452.
(Buch II) (1893)

Henry Temple, 3rd Viscount Palmerston photo
Leonardo Da Vinci photo

“The city will gain beauty worthy of its name and to you it will be useful by its revenues, and the eternal fame of its aggrandizement.”

Leonardo Da Vinci (1452–1519) Italian Renaissance polymath

These notes were possibly written in preparation for a letter. The meaning is obscure.
The Notebooks of Leonardo da Vinci (1883), XIX Philosophical Maxims. Morals. Polemics and Speculations.

Abraham Lincoln photo
Thomas Paine photo
Benjamin Disraeli photo

“First, without reference to England, looking at all countries, I say that it is the first duty of the Minister, and the first interest of the State, to maintain a balance between the two great branches of national industry; that is a principle which has been recognised by all great Ministers for the last two hundred years…Why we should maintain that balance between the two great branches of national industry, involves political considerations—social considerations, affecting the happiness, prosperity, and morality of the people, as well as the stability of the State. But I go further; I say that in England we are bound to do more—I repeat what I have repeated before, that in this country there are special reasons why we should not only maintain the balance between the two branches of our national industry, but why we should give a preponderance…to the agricultural branch; and the reason is, because in England we have a territorial Constitution. We have thrown upon the land the revenues of the Church, the administration of justice, and the estate of the poor; and this has been done, not to gratify the pride, or pamper the luxury of the proprietors of the land, but because, in a territorial Constitution, you, and those whom you have succeeded, have found the only security for self-government—the only barrier against that centralising system which has taken root in other countries.”

Benjamin Disraeli (1804–1881) British Conservative politician, writer, aristocrat and Prime Minister

Speech http://hansard.millbanksystems.com/commons/1846/feb/20/commercial-policy-customs-corn-laws in the House of Commons (20 February 1846).
1840s

“You cannot look at the success of black people by seeing who is on the front of Ebony magazine or by looking at Oprah. When you consider that only 1 percent of all business revenue comes from black-owned businesses, you have to ask yourself if this class disparity is the kind of society we want.”

Elaine Brown (1943) American activist

UCLA Thurgood Marshall Lecture. (2008). Thurgood Marshall Lecture on Law and Human Rights. [Online Video]. 17 April. Available from: http://forum-network.org/lecture/education-liberation-black-panther-party. [Accessed: 13 March 2012].

Smedley D. Butler photo
Barack Obama photo
Karl Marx photo
Thucydides photo
Adam Smith photo

“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: The Wealth of Nations (1776), Book V, Chapter II, Part II, Article I, p. 911.
Context: The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents, therefore, would in general fall heaviest upon the rich; and in this sort of inequality there would not, perhaps, be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

Kay Redfield Jamison photo
Naomi Wolf photo
Craig Ferguson photo

“Divorce lawyers stoke anger and fear in their clients, knowing that as long as the conflicts remain unresolved the revenue stream will keep flowing.”

Craig Ferguson (1962) Scottish-born American television host, stand-up comedian, writer, actor, director, author, producer and voice a…

Source: American on Purpose: The Improbable Adventures of an Unlikely Patriot

“The decline in natural-gas revenues has been dramatic and the degree to which we are dependent on oil revenues, it is time for us to consider an increase in corporate and personal tax.”

Peter Lougheed (1928–2012) Canadian politician

NDP releases "extremist of the Day" number 1 http://www.albertandp.ca/ndp_releases_extremist_of_the_day_number_1, quoted in the Edmonton Journal on May 11, 2011, Alberta's NDP (April 9, 2015)

George W. Bush photo
Enoch Powell photo
Firuz Shah Tughlaq photo

“Forcible marriages, euphemistically called matrimonial alliances, were common throughout the medieval period. Only some of them find mention in Muslim chronicles with their bitter details. Here is one example given by Shams Siraj Afif (fourteenth century). The translation from the original in Persian may be summarised as follows. Firoz Shah was born in the year 709 H. (1309 C. E.). His father was named Sipahsalar Rajjab, who was a brother of Sultan Ghiyasuddin Tughlaq Ghazi. The three brothers, Tughlaq, Rajjab, and Abu Bakr, came from Khurasan to Delhi in the reign of Alauddin (Khalji), and that monarch took all the three in the service of the Court. The Sultan conferred upon Tughlaq the country of Dipalpur. Tughlaq was desirous that his brother Sipahsalar Rajjab should obtain in marriage the daughter of one of the Rais of Dipalpur. He was informed that the daughters of Ranamall Bhatti were very beautiful and accomplished. Tughlaq sent to Ranamall a proposal of marriage. Ranamall refused. Upon this Tughlaq proceeded to the villages (talwandi) belonging to Ranamall and demanded payment of the whole year’s revenue in a lump sum. The Muqaddams and Chaudharis were subjected to coercion. Ranamall’s people were helpless and could do nothing, for those were the days of Alauddin, and no one dared to make an outcry. One damsel was brought to Dipalpur. Before her marriage she was called Bibi Naila. On entering the house of Sipahsalar Rajjab she was styled Sultan Bibi Kadbanu. After the lapse of a few years she gave birth to Firoz shah. If this could be accomplished by force by a regional officer, there was nothing to stop the king.”

Firuz Shah Tughlaq (1309–1388) Tughluq sultan

Shams Siraj Afif cited in Lal, K. S. (1994). Muslim slave system in medieval India. New Delhi: Aditya Prakashan. Chapter 12

Edmund Burke photo
Ron Paul photo

“Ron Paul: What's happening is, there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out. So the people who get to use the money first which is created by the Federal Reserve system benefit. So the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before. Today, this country is in the middle of a recession for a lot of people… As long as we live beyond our means we are destined to live beneath our means. And we have lived beyond our means because we are financing a foreign policy that is so extravagant and beyond what we can control, as well as the spending here at home. And we're depending on the creation of money out of thin air, which is nothing more than debasement of the currency. It's counterfeit… So, if you want a healthy economy, you have to study monetary theory and figure out why it is that we're suffering. And everybody doesn't suffer equally, or this wouldn't be so bad. It's always the poor people -- those who are on retired incomes -- that suffer the most. But the politicians and those who get to use the money first, like the military industrial complex, they make a lot of money and they benefit from it.
John McCain: Everybody is paying taxes and wealth creates wealth. And the fact is that I would commend to your reading, Ron, "Wealth of Nations," because that's what this is all about. A vibrant economy creates wealth. People pay taxes. Revenues are at an all time high.”

Ron Paul (1935) American politician and physician

GOP debate, Dearborn, Michigan, October 9, 2007 http://www.freep.com/apps/pbcs.dll/article?AID=/20071009/NEWS02/71009073
2000s, 2006-2009

Ron Paul photo

“Tax revenues are up 59 percent since 1980. Because of our economic growth? No. During Carter's four years, we had growth of 37.2 percent; Reagan's five years have given us 30.7 percent. The new revenues are due to four giant Republican tax increases since 1981. All republicans rightly chastised Carter for his $38 billion deficit. But they ignore or even defend deficits of $220 billion, as government spending has grown 10.4 percent per year since Reagan took office, while the federal payroll has zoomed by a quarter of a million bureaucrats… big government has been legitimized in a way the Democrats never could have accomplished. It was tragic to listen to Ronald Reagan on the 1986 campaign trail bragging about his high spending on farm subsidies, welfare, warfare, etc… the IRS has grown bigger, richer, more powerful, and more arrogant. In the words of the founders of our country, our government has "sent hither swarms" of tax gatherers "to harass our people and eat out their substance." His officers jailed the innocent George Hansen, with the President refusing to pardon a great American whose only crime was to defend the Constitution. Reagan's new tax "reform" gives even more power to the IRS. Far from making taxes fairer or simpler, it deceitfully raises more revenue for the government to waste… I want to totally disassociate myself from the policies that have given us unprecedented deficits, massive monetary inflation, indiscriminate military spending, an irrational and unconstitutional foreign policy, zooming foreign aid, the exaltation of international banking, and the attack on our personal liberties and privacy.”

Ron Paul (1935) American politician and physician

Letter to chairman of the RNC http://www.textfiles.com/politics/ron_paul.txt Frank Fahrenkopf (March 1987).
1980s

Eric Holder photo
Calvin Coolidge photo
Alexander Hamilton photo
Francis Bacon photo
Paul Ryan photo

“We don't have a tax revenue problem in Washington, we have a spending problem in Washington.”

Paul Ryan (1970) American politician

[2007-01-06, House approves spending limits, Craig, Gilbert, Journal Sentinel, http://www.jsonline.com/news/president/29271094.html, 2012-09-30]

Wassily Leontief photo
Lester B. Pearson photo
Charles Lamb photo
Francis Escudero photo
John Bright photo
Adolf Hitler photo
Mukesh Ambani photo
Calvin Coolidge photo
Roberto Saviano photo
Catherine the Great photo
Neil Gorsuch photo
George Shultz photo

“[A] revenue-neutral carbon tax would benefit all Americans by eliminating the need for costly energy subsidies while promoting a level playing field for energy producers.”

George Shultz (1920) American economist, statesman, and businessman

Why We Support a Revenue-Neutral Carbon Tax: Coupled with the elimination of costly energy subsidies, it would encourage competition. http://www.wsj.com/articles/SB10001424127887323611604578396401965799658 "Commentary" article in the Wall Street Journal, co-authored with the Nobel-Prize-winning economist Gary Becker, dated April 7, 2013.

Rex Tillerson photo

“My own views on all matters of public revenue and public expenditure are conditioned by an acute appreciation of whose is the sacrifice that produces public revenue and to whom accrues the benefit of public spending.”

John James Cowperthwaite (1915–2006) British colonial administrator

March 24, 1966, page 216.
Official Report of Proceedings of the Hong Kong Legislative Council

Arun Jaitley photo

“When the international prices rise, we expect the government to cut its share of profit and its revenue earnings and share the burden of the increase with the common man.”

Arun Jaitley (1952–2019) Indian politician

Responding to fuel price raise by the UPA government, as quoted in " India announces fuel price rise http://news.bbc.co.uk/2/hi/south_asia/4219582.stm", BBC News (6 September 2005)

Paul A. Samuelson photo

“In the preface to the reissue of Risk, Uncertainty and Profit, Frank Knight makes the penetrating observation that under the conditions envisaged above the velocity of circulation would become infinite and so would the price level. This is perhaps an over-dramatic way of saying that nobody would hold money, and it would become a free good to go into the category of shell and other things which once served as money. We should expect too that it would not only pass out of circulation, but it would cease to be used as a conventional numeraire in terms of which prices are expressed. Interest bearing money would emerge. Of course, the above does not happen in real life, precisely because uncertainty, contingency needs, non-synchronization of revenues and outlay, transaction frictions, etc., etc., all are with us. But the abstract special case analyzed above should warn us against the facile assumption that the average levels of the structure of interest rates are determined solely or primarily by these differential factors. At times they are primary, and at other times, such as the twenties in this country, they may not be. As a generalization I should hazard the hypothesis that they are likely to be of great importance in an economy in which there is a “quasi-zero" rate of interest. I think by this hypothesis one can explain many of the anomalies of the United States money market in the thirties.”

Source: 1940s, Foundations of Economic Analysis, 1947, Ch. 5 : Theory of Consumer’s Behavior

Adam Smith photo
Harry V. Jaffa photo

“Pro-slavery impulse still governs the Democratic Party, the party of government sinecures. It is the party that wants to use political power to tax us not for any common good, but to eat while we work. Consider the Great Society and its legacy. In the fall of 1964, I was on the speech-writing staff of the Goldwater campaign. In September and October I went on a number of forays to college campuses, where I debated spokesmen for our opponents. My argument always started from here. In 1964 the economy, thanks to the Kennedy tax cuts, was growing at the remarkable annual rate of four percent. But federal revenues were growing at 20 percent; five times as fast. The real issue in the election, I said, was what was to happen to that cornucopia of revenue. Barry Goldwater would use it to reduce the deficit and to further reduce taxes; Lyndon Johnson would use it to start vast new federal programs. At that point I could not say what programs, but I knew that the real purpose of them would be to create a new class of dependents upon the Democratic Party. The ink was hardly dry on the election returns before Johnson invented the war on poverty; and proved my prediction correct. One did not need to be cynical to see that the poor were not a reason for the expansion of bureaucracy; the expansion of bureaucracy was a reason for the poor. Every failure to reduce poverty was always represented as another reason to increase expenditures on the poor. The ultimate beneficiary was the Democratic Party. Every federal bureaucrat became in effect a precinct captain, delivering the votes of his constituents. His job was to enlarge the pool of constituents. But every increase in that pool meant a diminution of our property and our freedom.”

Harry V. Jaffa (1918–2015) American historian and collegiate professor

1990s, The Party of Lincoln vs. The Party of Bureaucrats (1996)

Richard Cobden photo

“The idea of defending, as integral parts of our Empire, countries 10,000 miles off, like Australia, which neither pay a shilling to our revenue…nor afford us any exclusive trade…is about as quixotic a specimen of national folly as was ever exhibited.”

Richard Cobden (1804–1865) English manufacturer and Radical and Liberal statesman

A note to Edward Ellie (1856), quoted in James E. Thorold Rogers (ed.), Speeches on Questions of Public Policy by Richard Cobden M.P. (1878), p. 248.
1850s

Paul Tsongas photo
Benito Mussolini photo

“We want an extraordinary heavy taxation, with a progressive character, on capital, that will represent an authentic partial expropriation of all wealth; seizures of all assets of religious congregations and suppression of all the ecclesiastic Episcopal revenues, in what constitutes an enormous deficit of the nation and a privilege for a minority; revisions of all contracts made by the war ministers and seizure of 85% of all war profits.”

Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…

From Mussolini's Fasci Italiani di Combattimento (Italian Combat Fasci), Il Popolo d'Italia newspaper, June 6, 1919. Speech published in Revolutionary Fascism, by Erik Norling, Lisbon, Finis Mundi Press (2011) p. 92.
1910s

Frank Chodorov photo
Archibald Primrose, 5th Earl of Rosebery photo
Shah Jahan photo
Firuz Shah Tughlaq photo

“Firoz Tughlaq commanded his ‘fief-holders and officers to capture slaves whenever they were at war”. He had also instructed his Amils and Jagirdars to collect slave boys in place of revenue and tribute.”

Firuz Shah Tughlaq (1309–1388) Tughluq sultan

Shams Siraj Afif quoted in Lal, K. S. (1992). The legacy of Muslim rule in India. New Delhi: Aditya Prakashan. Chapter 4

Daniel Webster photo

“He smote the rock of the national resources, and abundant streams of revenue gushed forth. He touched the dead corpse of Public Credit, and it sprung upon its feet.”

Daniel Webster (1782–1852) Leading American senator and statesman. January 18, 1782 – October 24, 1852. Served as the Secretary of Sta…

Speech on Hamilton (10 March 1831)

Steve Blank photo

“While there is an occasional bad apple, the public market rewards companies with revenue growth and sustainable profits.”

Steve Blank (1953) American businessman

Steve Blank, Not All Who Wander Are Lost, K&S Ranch, 2010, p. 54.

Nick Minchin photo

“It is absolutely outrageous that a spin doctor for Labor's NBN Co is being paid $450,000 per annum by Australian taxpayers to promote a company that generates no revenue, has no customers and provides no services to anybody”

Nick Minchin (1953) Australian politician

Sydney Morning Herald http://news.smh.com.au/breaking-news-national/bligh-chief-to-nbn-co-to-be-paid-450k-20091118-imfb.html

Roberto Saviano photo
Lloyd Bentsen photo

“As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.”

Lloyd Bentsen (1921–2006) American politician

quoted in [24 March 1990, Paul, Taylor, Democratic Leaders Talk Tough on Taxes;President's Promise Not to Impose New Levies Is 'Pure Bushlips,' Sen. Bentsen Declares, The Washington Post, 0190-8286, A6, http://pqasb.pqarchiver.com/washingtonpost/access/72577580.html?FMT=ABS&FMTS=ABS:FT&date=Mar+24%2C+1990&author=Paul+Taylor&pub=The+Washington+Post+(pre-1997+Fulltext)&edition=&startpage=a.06&desc=Democratic+Leaders+Talk+Tough+on+Taxes%3BPresident%27s+Promise+Not+to+Impose+New+Levies+Is+%60Pure+Bushlips%2C%27+Sen.+Bentsen+Declares]
alluding to George H. W. Bush's pledge “Read my lips: no new taxes” while accepting the presidential nomination at the 1988 Republican National Convention

Éric Pichet photo
David Ricardo photo
François Bernier photo
Murray N. Rothbard photo

“Briefly, the State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area; in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

Murray Rothbard, The Anatomy of the State, Auburn, Alabama, Mises Institute (2009) p.11, first published in 1974 https://mises.org/library/anatomy-state

John Kenneth Galbraith photo
Fritjof Capra photo
Alauddin Khalji photo

“The Sultan requested the wise men to supply some rules and regulations for grinding down the Hindus, and for depriving them of that wealth and property which fosters disaffection and rebellion. … The people were brought to such a state of obedience that one revenue officer would string twenty khiits, mukaddims, or chaudharis together by the neck, and enforce payment by blows. No Hindu could hold up his head, and in their houses no sign of gold or silver, tonkas or jitals, or of any superfluity was to be seen. These things, which nourish insubordination and rebellion, were no longer to be found. Driven by destitution, the wives of the khuls and mukaddims went and served for hire in the houses of the Musulmans…. The Hindu was to be so reduced as to be left un- able to keep a horse to ride on, to carry arms, to wear fine clothes, or to enjoy any of the luxuries of life. …. I have, therefore, taken my measures, and have made my subjects obedient, so that at my command they are ready to creep into holes like mice. Now you tell me that it is all in accordance with law that the Hindus should be reduced to the most abject obedience. I am an unlettered man, but I have seen a great deal; be assured then that the Hindus will never become submissive and obedient till they are reduced to poverty. I have, therefore, given orders that just sufficient shall be left to them from year to year, of corn, milk, and curds, but that they shall not be allowed to accumulate hoards and property.”

Alauddin Khalji (1266–1316) Ruler of the Khalji dynasty

Tarikh-i Firoz Shahi, of Ziauddin Barani in Elliot and Dowson, Vol. III : Elliot and Dowson, History of India as told by its own Historians, 8 Volumes, Allahabad Reprint, 1964. p. 182 ff.
Quotes from Muslim medieval histories

Francis Escudero photo

“The doctrine of the Essens is this: That all things are best ascribed to God. They teach the immortality of souls, and esteem that the rewards of righteousness are to be earnestly striven for; and when they send what they have dedicated to God into the temple, they do not offer sacrifices because they have more pure lustrations of their own; on which account they are excluded from the common court of the temple, but offer their sacrifices themselves; yet is their course of life better than that of other men; and they entirely addict themselves to husbandry. It also deserves our admiration, how much they exceed all other men that addict themselves to virtue, and this in righteousness; and indeed to such a degree, that as it hath never appeared among any other men, neither Greeks nor barbarians, no, not for a little time, so hath it endured a long while among them. This is demonstrated by that institution of theirs, which will not suffer any thing to hinder them from having all things in common; so that a rich man enjoys no more of his own wealth than he who hath nothing at all. There are about four thousand men that live in this way, and neither marry wives, nor are desirous to keep servants; as thinking the latter tempts men to be unjust, and the former gives the handle to domestic quarrels; but as they live by themselves, they minister one to another. They also appoint certain stewards to receive the incomes of their revenues, and of the fruits of the ground; such as are good men and priests, who are to get their corn and their food ready for them. They none of them differ from others of the Essens in their way of living, but do the most resemble those Dacae who are called Polistae [dwellers in cities].”

AJ 18.1.5
Antiquities of the Jews

“Baseball's popularity and, more so, it's revenues continue to increase.”

Andrew Zimbalist (1947) American economist

Source: Baseball And Billions - Updated edition - (1992), Chapter 8, The Future, p. 168.

Gary Johnson photo
Thomas Carlyle photo
Adam Smith photo

“Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances”

John James Cowperthwaite (1915–2006) British colonial administrator

February 26, 1964, page 53.
Official Report of Proceedings of the Hong Kong Legislative Council

Adam Smith photo

“No fixed capital can yield any revenue but by means of a circulating capital.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book II, Chapter I, p. 311.

Jean-Baptiste Say photo

“The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue to subsist upon, but what he contrives to make out of the unskilfulness or ill-fortune of gamesters like himself.”

Jean-Baptiste Say (1767–1832) French economist and businessman

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter IX, p. 481 (See also: Karl Marx, Capital, Volume III, Chapter XXVII, p. 440)

Akbar photo
Eric Holder photo
Hillary Clinton photo
Thomas Jefferson photo

“Perhaps if movie theaters also played the national anthem before their main attractions, the Internal Revenue Service would allow Hollywood studios to depreciate their actors.”

Andrew Zimbalist (1947) American economist

Source: Baseball And Billions - Updated edition - (1992), Chapter 2, Baseballs Barons, p. 35.

Christopher Hitchens photo
Alfred de Zayas photo

“Even the Revenue is better loved by the twenty first century Irish natives than were the English colonists who ruled from Dublin Castle in earlier centuries.”

Dennis O'Driscoll (1954–2012) Irish poet, critic

'Sing for the Taxman' -Poetry Magazine-Poetry Foundation May 1 2009
Having lived in Ireland all my life I can hardly be more 'Irish', in ways that are invisible to me. My inclination is to play down my Irishness rather than whip it up. Nothing is more potentially damaging to an Irish writer than buying into the myth that we have some locutions and the so called ' gift of the gab' too many Irish writers have fall prey to such delusions.
Interview ,Mark Thwaite, 12th August 2005. 'Ready Steady Book for literature'
Other Quotes

Ibn Battuta photo
Donald J. Trump photo
George W. Bush photo

“Good morning. This coming week I will be making the trip up Pennsylvania Avenue to address a joint session of Congress. We have some business to attend to called the budget of the United States. The federal budget is a document about the size of a big city phone book, and about as hard to read from cover to cover. The blueprint I submit this week contains many numbers, but there is one that probably counts more than any other – $5.6 trillion. That is the surplus the federal government expects to collect over the next 10 years; money left over after we have met our obligations to Social Security, Medicare, health care, education, defense and other priorities. The plan I submit will fund our highest national priorities. Education gets the biggest percentage increase of any department in our federal government. We won't just spend more money on schools and education, we will spend it responsibly. We'll give states more freedom to decide what works. And as we give more to our schools we're going to expect more in return by requiring states and local jurisdictions to test every year. How else can we know whether schools are teaching and children are learning? Social Security and Medicare will get every dollar they need to meet their commitments. And every dollar of Social Security and Medicare tax revenue will be reserved for Social Security and Medicare.”

George W. Bush (1946) 43rd President of the United States

2000s, 2001, Radio Address to the Nation (February 2001)

Francis Escudero photo
Albrecht Thaer photo

“By capital we understand everything that, from the special use by the individual, or from its being placed at the disposal of others, produces a revenue or rent. We do not inquire into its origin, or ask whether it has been acquired by inheritance or by labour.”

Albrecht Thaer (1752–1828) German agronomist and an avid supporter of the humus theory for plant nutrition

Source: The Principles of Agriculture, 1844, Section I: The fundamental principles, p. 15.