Inherited Wealth Quotes

You know what's wrong with scientific power? It's a form of inherited wealth. And you know what assholes congenitally rich people are.

I don't like inherited wealth.

Inherited wealth may be something easily squandered, but inherited poverty is a legacy almost impossible to lose.

Inherited wealth, that is not what America is based upon.

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.

A poor American feels guilty at being poor, but less guilty than an American rentier who has inherited wealth but is doing nothingto increase it; what can the latter do but take to drink and psychoanalysis?

My grandfather... saw where inherited wealth ruined people. And my grandfather was right.

I regard large inherited wealth as a misfortune, which merely serves to dull men's faculties. A man who possesses great wealth should, therefore, allow only a small portion to descend to his relatives. Even if he has children, I consider it a mistake to hand over to them considerable sums of money beyond what is necessary for their education. To do so merely encourages laziness and impedes the healthy development of the individual's capacity to make an independent position for himself.

...scientific power is like inherited wealth: attained without discipline. You read what others have done, and you take the next step. You can do it very young...there is no mastery, old scientists are ignored. There is no humility before nature...Its a form of inherited wealth. And you know what assholes congenitally rich people are.

If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.

A common objection to inherited wealth is that it stifles the urge to work. I have not generally observed this to be true.

Photography is a major force in explaining man to man.

Scientific power is like inherited wealth; attained without discipline. You read about what others have done, and you take the next step. You can do it very young. You can make progress very fast.

Photography records the gamut of feelings written on the human face.

I know of a few multimillionaires who started trading with inherited wealth. In each case, they lost it all because they didn't feel the pain when they were losing. In those formative first few years of trading, they felt they could afford to lose. You're much better off going into the market on a shoestring, feeling that you can't afford to lose. I'd rather bet on somebody starting out with a few thousand dollars than on somebody who came in with millions.

Photography records the gamut of feelings written on the human face, the beauty of the earth and skies that man has inherited, and the wealth and confusion man has created. It is a major force in explaining man to man.

The baby boomers are out there, they've had a lot of good years of earnings, they've inherited wealth. They are buying trophy homes and will be for years. We are one of those places people dream of. They come here to buy a piece of that dream.

There exists a false aristocracy based on family name, property, and inherited wealth. But there likewise exists a true aristocracy based on intelligence, talent and virtue.

Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.

I believe in a graduated income tax on big fortunes, and in . . . a graduated inheritance tax on big fortunes, . . . increasing rapidly in amount with the size of the estate.

Men are naturally lazy, and require some great stimulus to goad their flagging ambitions and enable them to overcome the inertia which comes from ease and the consciousness of inherited wealth. Whatever lessens in a young man the feeling that he must make his way in the world cripples his chance of success. Poverty has ever been the priceless spur that has goaded man up to his own loaf.

Of all the potential perils to the new American republic, the prospect of concentrated power . . . troubled the intellectual leaders of the Revolutionary generation. Familiar as the founders were with old Europe . . . they understood why the accumulation of inherited wealth led to inequities and imbalances that inevitably corrupted any system of government.

How can the physique be braced if no fresh breath from the outer world is suffered to permeate the languid, enervating air of thedrawing-room? How can the grasp of the mind be vigorous, without action? Daughters of inherited wealth, or accumulated labor! the wide door of philanthropy is open peculiarly to you! Your life-work lies beyond your threshold: your wealth has placed you above the sorrowful struggle for daily bread which takes up the whole time of so many of your brothers and sisters. You are the almoners of God. A double accountability is yours.