A Quote by H. L. Mencken

Wealth - any income that is at least one hundred dollars more a year than the income of one's wife's sister's husband.

H. L. Mencken

Quote Topics

Any At Least One Dollars Hundred Husband Income Least More Sister Than Wealth Wife Year

Quote Author

H. L. Mencken
American - Writer
September 12, 1880 - January 29, 1956

The collective income of all these people - the bottom half - is less than three percent of global household income, and so there is a grotesque maldistribution of income and wealth.

Thomas Pogge

Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

Thomas J. Stanley

The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.

Robert Kiyosaki

Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.

Austan Goolsbee

If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then you buy other stocks, you can avoid paying taxes. And if your accountant registers your wealth offshore in a Panamanian fund, like Russian kleptocrats do - and as more and more Americans do - you don't have to pay any tax at all, because it's not American income, it's foreign income in an enclave without an income tax.

Michael Hudson

In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.

Bernie Sanders

We live in a country where a small number of people have incredible wealth and power. America has more income and wealth inequality than any other major country.

Bernie Sanders

In time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year.

Franklin D. Roosevelt

A wealthy man is one who earns $100 a year more than his wife's sister's husband.

H. L. Mencken

The situation is as follows: my husband is a second son. That means he doesn't get the income to be a member of the Royal Family, carrying out royal duties. He, we, do as much, if not more, than some of the cousins, but he doesn't get a penny for expenses or income for doing that.

Princess Michael of Kent

A thrifty housewife is better than a great income. A good wife and health are a man's best wealth.

Charles Spurgeon

As income from work has become more concentrated in America, the super rich have invested in businesses, real estate, art, and other assets. The income from these assets is now concentrating even faster than income from work.

Robert Reich

The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.

Matthew Desmond

For the typical Americans, most of their income comes from wages. So, for people making less than $1 million a year, about 70% of their income comes from wages. But for those making more than $1 million, for the top 0.3%, it's the opposite.

Brian Deese

My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.

Robert Kiyosaki

In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.