Quotes About Incentives

Tax reform done right will improve incentives to invest in U.S. production and to repatriate profits.

I plan to lower corporate taxes to create an environment that encourages companies to invest more.

Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.

Tax rates aren't everything with regard to incentives to work. I would probably work at a 100% tax rate next to a nude modeling studio. I'm joking, but you know what I'm saying. There's a lot more to it than just tax rates. It's economics that I do; I don't do nude modeling studio economics. People do respond to taxes.

Mom and pop shops paying taxes while Amazon got billions just to come to town didn't seem right, and, post-FoxxConn, people are less likely to fall for the promised jobs numbers.

Can I say that I think it should be against the law for one state to use taxpayer money to try to bribe businesses in another state to move? Which then causes the target state to use taxpayer dollars to try to bribe the businesses to stay.

There are absolutely lots of teachers who are trying to come into the profession, but they are not attracted enough to say, 'I'm going to switch careers to do it,' or they are often not retained... because the salaries and the compensation aren't there to make it happen.

Other and more powerful forms of association have existed, but the major moral and psychological influences on the individual's life have emanated from the family and local community and the church. Within such groups have been engendered the primary types of identification: affection, friendship, prestige, recognition. And within them also have been engendered or intensified the principal incentives of work, love, prayer, and devotion to freedom and order.

People cannot stay motivated if their material needs go unmet. If they feel exploited in any way, their natural selfishness will come to the surface and they will begin to peel off from the group.

Putting aside the concerns about the intentions of the rulers and the incentives for the workers, socialism cannot work because the central planner(s) would lack market prices and hence would have no way of determining, even after the fact, if their "rational" plan for production made an efficient use of resources.

and owners pay just enough so that workers won't quit.

The rich will never be taxed. More and more often we see governments use the tax laws to provide incentives to business owners and investors to create jobs and housing. These incentives reduce the taxes of the rich. So the only place for the government to drive tax revenue is from the middle class.

we see governments use the tax laws to provide incentives to business owners and investors to create jobs and housing. These incentives reduce the taxes of the rich. So the only place for the government to drive tax revenue is from the middle class.

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities, but of their advantages. Nobody but a beggar chooses to depend chiefly upon the benevolence of his fellow-citizens.

we shouldn't be surprised if this kind of stoicism is of no interest whatsoever to the news, for it has sound commercial incentives for overemphasizing our vulnerability.

Self-interest and rational calculation can thus look like common sense, but there are other ways of understanding human motivations.

the diverse individuals in the community are no longer incentives for talking and judging and condemning, and thus excuses for self-justification. They are rather cause for rejoicing in one another and serving one another.

beating the competition or one's peers is a far more powerful weapon than financial incentives. Why do people need cash incentives to fulfill their work obligations to colleagues and customers? It is recognition of effort that is important. Managers will only strive to achieve ambitious goals if they know that their 'best efforts' will be recognized and not punished if they fail to get all the way.

Billion dollar bonuses turned rules into polite suggestions.

Thus, there is a gap between the measureable contribution and the actual, total contribution of the agent. As a result, measured performance (such as an increase in the division's profits or a rise in the company's stock price) may actually lead to the organization getting less of what it really needs from its employees. Moreover, there was an inevitable distortion of incentives created by the quest for simple, quantifiable standards by which to measure and reward performance

Rankings create incentives for universities to become more like what the rankings measure. What gets measured is what gets attention. That leads to homogenization as they abandon their distinctive missions and become more like their competitors.

Not everything that can be counted counts, and not everything that counts can be counted."7) Most organizations have multiple purposes, and that which is measured and rewarded tends to become the focus of attention, at the expense of other essential goals. Similarly, many jobs have multiple facets, and measuring only a few aspects creates incentives to neglect the rest.

Any measure used for control is unreliable."10 To put it another way, anything that can be measured and rewarded will be gamed.

Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk.