I believe in a progressive income tax. I believe rich people should pay more. But I also believe that we should encourage people to give back voluntarily, not through forced redistribution.
Investors
Leon G. Cooperman
Born in 1943 in the South Bronx, New York, Leon Cooperman rose to head Goldman Sachs's investment-research division before founding Omega Advisors in 1991. He built decades of market-beating returns through bottom-up value investing and fundamental analysis. Known for his working-class origins, his forthright advocacy for the social responsibilities of the wealthy, and his pledge to give away most of his fortune.
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Leon G. Cooperman's Other Quotes
Related Quotes
The man who dies rich dies disgraced.
-- Andrew Carnegie
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
-- Andrew Carnegie
I will be always ready to work for the benefit of the residents of the city which has been my home for so many years.
-- Levi Strauss
One is only happy in proportion as he makes others feel happy.
-- Milton S. Hershey
I did a lot of math. I made a lot of money, and I gave almost all of it away. That's the story of my life.
-- Jim Simons