--- title: "Meaning & Key Takeaway of: Would your reply possibly be this? Well…" description: "\"Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too..." image: "https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg" --- # Would your reply possibly be this? Well, it all depends on… ![“Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a…” quote by Warren Buffett](https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg) [Download](https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg) [Open image](https://sms4smile.com/quotes/i/8ec/warren-buffett-183_accounts_would-your-reply-possibly-be-this-well-i_1972188.jpg) > “Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.” [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Tax considerations can outweigh investment returns, prompting a preference for low‑risk savings when rates are high. **In simple terms:** High taxes may push investors to keep money in low‑yield accounts. Key Takeaway Weigh tax impact before choosing investments. Themes taxation investment strategy risk management Mood pragmatic analytical Type financial advisory When to use this quote - personal finance decisions - portfolio allocation - retirement planning - tax planning Key Concepts economic policy financial planning opportunity cost Questions to Reflect On - How do taxes influence your investment choices? - When is a savings account preferable to higher‑risk assets? A Different Perspective If taxes are low, the same logic may not apply. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Imagination](https://sms4smile.com/quotes/about/imagination/) [Investment](https://sms4smile.com/quotes/about/investment/) [Saving](https://sms4smile.com/quotes/about/saving/) [Savings](https://sms4smile.com/quotes/about/savings/) [Savings account](https://sms4smile.com/quotes/about/savings-account/) [Tax rate](https://sms4smile.com/quotes/about/tax-rate/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [I admire Grover Norquist. I think hes done a lot of good.](https://sms4smile.com/quotes/tom-cole/i-admire-grover-norquist-i-think-hes-done-a-lot-of-good/) [Tom Cole](https://sms4smile.com/quotes/author/tom-cole/) > [The tax issue is the most powerful issue in American politics going back to the Tea Party. People say, 'Oh, Grover Norquist has power.'…](https://sms4smile.com/quotes/grover-norquist/the-tax-issue-is-the-most-powerful-issue-in-american-politics-going-2/) [Grover Norquist](https://sms4smile.com/quotes/author/grover-norquist/) > [The rigidity of those pledges is something I don’t like. The circumstances change and you can’t be wedded to some formula by Grover Norquist.…](https://sms4smile.com/quotes/george-h-w-bush/the-rigidity-of-those-pledges-is-something-i-don-t-like-the/) [George H. W. Bush](https://sms4smile.com/quotes/author/george-h-w-bush/) > [ Grover Norquist is a mean-spirited, humorless, dishonest little creep... an embarrassing anomaly, the leering, drunken uncle everyone else wishes would stay home... \[He\] is… ](https://sms4smile.com/quotes/tucker-carlson/grover-norquist-is-a-mean-spirited-humorless-dishonest-little-creep/) [Tucker Carlson](https://sms4smile.com/quotes/author/tucker-carlson/) > [Anti-Tax fetishist Grover Norquist owns a bust of Ronald Reagan, who raised taxes 11 times.](https://sms4smile.com/quotes/john-fugelsang/anti-tax-fetishist-grover-norquist-owns-a-bust-of-ronald-reagan-who/) [John Fugelsang](https://sms4smile.com/quotes/author/john-fugelsang/) > [When taxes are too high, people go hungry.](https://sms4smile.com/quotes/laozi/when-taxes-are-too-high-people-go-hungry/) [Laozi](https://sms4smile.com/quotes/author/laozi/) > [The economy is very sick. We're losing our jobs to China to Japan to every country. We're making horrible trade deals. We are losing…](https://sms4smile.com/quotes/donald-trump/the-economy-is-very-sick-we-re-losing-our-jobs-to-china-to-japan-to/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [ What \[companies\] are doing is they're leaving our country, and they're, believe it or not, leaving because taxes are too high and because some… ](https://sms4smile.com/quotes/donald-trump/what-companies-are-doing-is-they-re-leaving-our-country-and-they-re/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars…](https://sms4smile.com/quotes/austan-goolsbee/cutting-taxes-for-very-high-income-people-an-average-of-more-than-100/) [Austan Goolsbee](https://sms4smile.com/quotes/author/austan-goolsbee/) > [When taxes are too high, people go hungry. When the government is too intrusive, people lose their spirit. 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