Steve Forbes
Steve Forbes
#### Full Name and Common Aliases
Steven John "Steve" Forbes is an American magazine publisher and politician who serves as the chairman of Forbes Media.
Birth and Death Dates
Born: July 18, 1947 (age 75)
Still active in public life
Nationality and Profession(s)
American
Magazine Publisher, Politician
Early Life and Background
Steve Forbes was born on July 18, 1947, to Malcolm Stevenson "Steve" Forbes Sr. and Selma Force Forbes. His father was the chairman of Forbes Inc., which published _Forbes_ magazine. Steve Jr. grew up in a world of business and politics; his grandfather, B.C. Forbes, founded the company that bears their name.
Forbes attended Princeton University but dropped out to join the United States Army Reserve. He then enrolled at New York University's Stern School of Business but didn't graduate. Instead, he took over as president and CEO of Forbes Inc. in 1985 after his father's death.
Major Accomplishments
Steve Forbes has been a key figure in American politics for decades. His presidential campaigns in the 1996 and 2000 elections highlighted issues like flat tax reform and social security privatization. Although he didn't win either time, his efforts raised awareness about these topics.
In addition to politics, Forbes is known for his philanthropic work. He supports various causes through the Forbes Family Foundation and has donated millions to organizations like the Smithsonian's National Museum of African American History and Culture.
Notable Works or Actions
Forbes was a key player in promoting flat tax reform throughout his presidential campaigns. This idea, also supported by politicians like Dick Armey, involves reducing income taxes to a single rate (usually around 10-15%) across all brackets. His advocacy helped raise public awareness about this concept.
In 2007, Forbes released the book _Flat Tax Revolution: Why America Needs a New Tax Code_. The book presents his vision for tax reform and proposes changes that would simplify the tax system.
Impact and Legacy
Steve Forbes has had significant impacts on American politics and business. His presidential campaigns drew attention to important issues like flat tax reform, which continues to influence policy discussions today.
Forbes' leadership at _Forbes_ magazine expanded its coverage of business news and made it a household name. He also introduced the "Forbes 400," a list ranking the richest Americans by net worth.
Why They Are Widely Quoted or Remembered
Steve Forbes is often quoted for his thoughts on business, politics, and society. His expertise in these areas stems from decades of experience as a leader in both fields. He has used his platform to raise awareness about key issues and promote positive change through various media outlets.
Forbes' legacy extends beyond his own accomplishments. He paved the way for future generations of entrepreneurs and politicians by demonstrating that business acumen can be applied to public service. His influence continues to shape discussions on tax reform, social security, and economic policy in America.
Quotes by Steve Forbes
You don't change minds in Washington with sweet reason. You do it to the white light of public opinion.
The words, ‘penalty,’ ‘restrict’ and ‘violate’ appeared more times in President Clinton’s health care reform bill than in his crime bill.
Today, the US spends less on defense as a percentage of our economy than we did at any time since he Japanese attack on Pearl Harbor. For the world’s only superpower, that is an invitation to very serious trouble.
The most laughable White House criticism is that tax cuts are a ‘free lunch.’ The American people’s work created that money. Only in Washington could there be a belief that letting people keep more of what they create is a giveaway.
People are not going to reelect Barack Obama. But will the new president govern as a real conservative? We’re going to have to apply the heat to make sure.
One thing on psychology, which we’ve always known, is that every investor says they’re long-term – and they are until the market takes a hit.
The tax code is a monstrosity and there’s only one thing to do with it. Scrap it, kill it, drive a stake through its heart, bury it and hope it never rises again to terrorize the American people.
You don’t change minds in Washington with sweet reason. You do it to the white light of public opinion.