--- title: "Meaning & Key Takeaway of: There are many people who think we should…" description: "\"There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recogn..." image: "https://sms4smile.com/quotes/i/16f/mitt-romney-268_a-good-thing_there-are-many-people-who-think-we-shoul_2569165.jpg" --- # There are many people who think we should have zero tax on… ![“There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the…” quote by Mitt Romney](https://sms4smile.com/quotes/i/16f/mitt-romney-268_a-good-thing_there-are-many-people-who-think-we-shoul_2569165.jpg) [Download](https://sms4smile.com/quotes/i/16f/mitt-romney-268_a-good-thing_there-are-many-people-who-think-we-shoul_2569165.jpg) [Open image](https://sms4smile.com/quotes/i/16f/mitt-romney-268_a-good-thing_there-are-many-people-who-think-we-shoul_2569165.jpg) > “There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the economy.'” [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Zero taxes on investment income would exempt the wealthiest, undermining fairness and revenue. **In simple terms:** Tax cuts benefit the rich most. Key Takeaway Consider equity in tax policy. Themes economics taxation fairness Mood analytical concerned Type political economic When to use this quote - budget planning - public finance - wealth management Key Concepts progressive tax wealth inequality Questions to Reflect On - Should tax policy prioritize growth or equity? - How to balance incentives with fairness? A Different Perspective Tax cuts may stimulate investment; impact on revenue is complex. ★ ★ ★ ★ ★ No ratings yet [Capital](https://sms4smile.com/quotes/about/capital/) [Capital gains](https://sms4smile.com/quotes/about/capital-gains/) [Dividends](https://sms4smile.com/quotes/about/dividends/) [Economy](https://sms4smile.com/quotes/about/economy/) [Growth](https://sms4smile.com/quotes/about/growth/) [Income](https://sms4smile.com/quotes/about/income/) [Interest](https://sms4smile.com/quotes/about/interest/) [People](https://sms4smile.com/quotes/about/people/) [Tax](https://sms4smile.com/quotes/about/tax/) ## Related quotes > [I'm probably wouldn't do anything differently if I had to do it again. Every little thing that happens to you, good and bad, becomes…](https://sms4smile.com/quotes/david-foster/i-m-probably-wouldn-t-do-anything-differently-if-i-had-to-do-it-again/) [David Foster](https://sms4smile.com/quotes/author/david-foster/) > [Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are…](https://sms4smile.com/quotes/robert-kiyosaki/generous-people-can-become-more-generous-as-they-become-richer-giving/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [Truly rich escape taxes or pay lower as their money primarily comes from assets & dividends. So everybody else with ObamaCare got tax increases!](https://sms4smile.com/quotes/anonymous/truly-rich-escape-taxes-or-pay-lower-as-their-money-primarily-comes/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Most people overestimate what they can accomplish in a day - and overestimate what they can accomplish in a year.”](https://sms4smile.com/quotes/bill-gates/most-people-overestimate-what-they-can-accomplish-in-a-day-and/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Steve Jobs was never going to let Flash on any Apple product again like that after in 1997 - he's got a long memory…](https://sms4smile.com/quotes/walter-isaacson/steve-jobs-was-never-going-to-let-flash-on-any-apple-product-again/) [Walter Isaacson](https://sms4smile.com/quotes/author/walter-isaacson/) > [I give Bill Gates an A for vision because, as a business person and a strategist, he's brilliant. His flaw is that his view…](https://sms4smile.com/quotes/mitch-kapor/i-give-bill-gates-an-a-for-vision-because-as-a-business-person-and-a/) [Mitch Kapor](https://sms4smile.com/quotes/author/mitch-kapor/) > [Good intentions can often lead to unintended consequences. It is hard to imagine a law intended for the workforce known to Henry Ford can…](https://sms4smile.com/quotes/tim-walberg/good-intentions-can-often-lead-to-unintended-consequences-it-is-hard/) [Tim Walberg](https://sms4smile.com/quotes/author/tim-walberg/) > [Technology ventures can succeed with very little investment, unlike many other industries. A lot of the big Internet players like Google or Yahoo were…](https://sms4smile.com/quotes/jonathan-raymond/technology-ventures-can-succeed-with-very-little-investment-unlike/) [Jonathan Raymond](https://sms4smile.com/quotes/author/jonathan-raymond/) > [I was richer than Bill Gates for 3 days.](https://sms4smile.com/quotes/masayoshi-son/i-was-richer-than-bill-gates-for-3-days/) [Masayoshi Son](https://sms4smile.com/quotes/author/masayoshi-son/) > [Amazon's Jeff Bezos, Facebook's Mark Zuckerberg, Bill Gates, and Steve Jobs did not start out wealthy, and actually added to income inequality, but we…](https://sms4smile.com/quotes/foster-friess/amazon-s-jeff-bezos-facebook-s-mark-zuckerberg-bill-gates-and-steve/) [Foster Friess](https://sms4smile.com/quotes/author/foster-friess/) > [Bill Gates has become the patron saint of philanthropy and the poster child of rebirth, and from what I can tell, rightly so.](https://sms4smile.com/quotes/john-battelle/bill-gates-has-become-the-patron-saint-of-philanthropy-and-the-poster/) [John Battelle](https://sms4smile.com/quotes/author/john-battelle/) > [We celebrate the Bill Gateses of the world. We're not mad at Bill Gates.](https://sms4smile.com/quotes/mark-burnett/we-celebrate-the-bill-gateses-of-the-world-we-re-not-mad-at-bill-gates/) [Mark Burnett](https://sms4smile.com/quotes/author/mark-burnett/) > [“I'm not rich as Bill Gates neither I'm famous as Tom Cruise, But trust me I am happier than all of them.”](https://sms4smile.com/quotes/rishabh-surya/i-m-not-rich-as-bill-gates-neither-i-m-famous-as-tom-cruise-but-trust/) Rishabh Surya > [“...why do people venerate Einstein or Bill Gates? Clive Bell explains: Genius worship is the inevitable sign of an uncreative age…”](https://sms4smile.com/quotes/john-geddes/why-do-people-venerate-einstein-or-bill-gates-clive-bell-explains/) [John Geddes](https://sms4smile.com/quotes/author/john-geddes/) > [Kids in college often look for mentors and role models to model their careers after, and women don't have the equivalent of a Steve…](https://sms4smile.com/quotes/ruchi-sanghvi/kids-in-college-often-look-for-mentors-and-role-models-to-model-their/) [Ruchi Sanghvi](https://sms4smile.com/quotes/author/ruchi-sanghvi/) ## More by Mitt Romney > [I look at what's happening around the world and I see Iran four years closer to a bomb. I see the Middle East with…](https://sms4smile.com/quotes/mitt-romney/i-look-at-what-s-happening-around-the-world-and-i-see-iran-four-years/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I would like to have campaign spending limits.](https://sms4smile.com/quotes/mitt-romney/i-would-like-to-have-campaign-spending-limits/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I believe in my Mormon faith, and I endeavor to live by it. My faith is the faith of my fathers - I will…](https://sms4smile.com/quotes/mitt-romney/i-believe-in-my-mormon-faith-and-i-endeavor-to-live-by-it-my-faith-is/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [America's military is second to none in the world. We're blessed with terrific soldiers, and extraordinary technology and intelligence. 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We have freed other nations from dictators.](https://sms4smile.com/quotes/mitt-romney/america-has-not-dictated-to-other-nations-we-have-freed-other-nations/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [The right course is for the Palestinians and the Israelis to sit down at the table together. The Palestinians need to recognize that the…](https://sms4smile.com/quotes/mitt-romney/the-right-course-is-for-the-palestinians-and-the-israelis-to-sit-down/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [If I'm President of the United States, when I'm President of the United States, we will stand with Israel.](https://sms4smile.com/quotes/mitt-romney/if-i-m-president-of-the-united-states-when-i-m-president-of-the/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [President Obama instituted the most anti-growth, anti-investment, anti-jobs measures that we have seen in our lifetime. Now he called his agenda ambitious, I call…](https://sms4smile.com/quotes/mitt-romney/president-obama-instituted-the-most-anti-growth-anti-investment-anti/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) [Explore all 781 Mitt Romney quotes ](https://sms4smile.com/quotes/author/mitt-romney/) ## More A good thing quotes > [Knowledge is generally considered a good thing; so, presumably, knowing more about how the U.S. thinks and operates around the world is also good.](https://sms4smile.com/quotes/peter-singer/knowledge-is-generally-considered-a-good-thing-so-presumably-knowing/) [Peter Singer](https://sms4smile.com/quotes/author/peter-singer/) > [Being authentic can be a good thing in that often people who are fixated on that are also fixated on having very high standards,…](https://sms4smile.com/quotes/edgar-meyer/being-authentic-can-be-a-good-thing-in-that-often-people-who-are/) [Edgar Meyer](https://sms4smile.com/quotes/author/edgar-meyer/) > [Money is a good thing, but every morning you have to get up with something no one else in the world gets up with…](https://sms4smile.com/quotes/george-foreman/money-is-a-good-thing-but-every-morning-you-have-to-get-up-with/) [George Foreman](https://sms4smile.com/quotes/author/george-foreman/) > [I was raised that emotion was a good thing.](https://sms4smile.com/quotes/jordan-peele/i-was-raised-that-emotion-was-a-good-thing/) [Jordan Peele](https://sms4smile.com/quotes/author/jordan-peele/) > [When I had a full-time job, I really wasn't that busy, but now I'm really busy. 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