Financial Consequences Quotes

It is costly wisdom that is bought by experience.

Drying up of capital has different consequences in different environments.

Never lend money to a friend. It's dangerous. It could damage his memory.

Speak not of my debts unless you mean to pay them.

Send me one hundred francs on our future deals, otherwise I will disappear in a cataclysm.

For a trivial offence, a free man shall be fined only in proportion to the degree of his offence, and for a serious offence correspondingly, but not so heavily as to deprive him of his livelihood.

The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity.

The mode of founding a college is, commonly, to get up a subscription of dollars and cents, and then, following blindly the principles of a division of labor to its extreme,--a principle which should never be followed but with circumspection,--to call in a contractor who makes this a subject of speculation,... and for these oversights successive generations have to pay.

When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.

No nation can miss interest or principle payments without some negative impact on its credit standing.

The only two things that scare me are God and the IRS.

And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.

Never cosign a loan. Once you have cosigned, you cannot get out of it - even on your deathbed.

Fines have to be incentives to enforce the law. We cannot allow them to become just another cost of doing business

They say death and taxes are the only things that are inevitable. The truth is, you can not pay your taxes. I've done it, and there's consequences, but it can be done. Death you're not going to get out of, and you kind of got to deal with it.

The danger I faced was not accepted as reasonable grounds for deferring my tax payments, as authorities, who despite being told all of this, still chose to pursue action against me, as opposed to finding an alternative solution.

Credit is of pernicious consequence to that Nation, that uses or encourages it beyond Nature.

We have to band together, but the thing in America is that people are terrified of losing their jobs... Maybe California needs to secede. The only thing that'll make any difference is the money... Tax dollars and losing that amount of money. It's one of the most economically powerful states, isn't it? That's where it hurts.

With every year that passes, the more we have to be careful not to forget the causes and consequences of the Great Recession.

I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.

The net effect of cutting commercials in half is a fairly serious economic reality for Premier - and for me.

You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.

The covetous man never has money. The prodigal will have none shortly.

When I was in high school, I had a gambling problem.

The sweeping, unfocused cuts of sequestration are certain to have unintended negative consequences, including for America's small businesses.