A Quote by Matthew Desmond
Without the ability to plant roots and invest in your community or your school - because you're paying 60, 70, 80 percent of your income to rent - and eviction becomes something of an inevitability to you, it denies you certain freedoms.
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When you meet people who are spending 70, 80 percent of their income on rent, eviction becomes much more of an inevitability than the result of personal irresponsibility.
Most poor families are living completely unassisted in a private rental market, devoting most of their income to housing. When you meet people who are spending 70, 80 percent of their income on rent, eviction becomes much more of an inevitability than the result of personal irresponsibility.
If you have someone who is paying 88 percent of her income on rent, and we have laws that allow a landlord to evict a tenant who falls behind under those circumstances, eviction becomes an inevitability.
Invest three percent of your income in yourself (self-development) in order to guarantee your future.
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.
There are a few things that we can do. One of them is that we can increase the taxes that people are paying who are the extremely wealthy in our communities. So, 70 percent, 80 percent, we've had it as high as 90 percent.
Always make sure you have your rent. At the end of the month, if you have to eat Ramen for a week because you won't have your rent money, just do it but make sure your rent is all there so you're not stressing about that. As long as you have your rent at least you have somewhere to live.
There are war-torn countries, people full of poverty, who still voted, 60, 70 percent. If here in the United States of America, we voted at 60 percent, 70 percent, it would transform our politics.
Israel is doing what any other country would do, and certainly the U.S. would do. If 80 percent of your population were under fire and you had 60 seconds or 90 seconds to get into bomb shelters, if terror tunnels were dug underneath your border in order to come in and explode your kindergartens and massacre your people and kidnap American citizens.
[Obamacare] premiums are going up 60 percent, 70 percent, 80 percent. Next year they're going to go up over 100 percent. And I'm really glad that the premiums have started - at least the people see what's happening.
Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
Your silent thoughts are like the roots of a plant. They remain hidden in the dark recesses of the earth, but from them stems the whole plant--its life and form, its strength and beauty. From them and through them the plant lives and dies. So, too, your thoughts, although hidden, are your real, vital force.
But when you are embodied in a location, in a physical plant, in a set of people, and in a common history, that constrains your evolution and your ability to evolve in certain directions.
If you are wealthy enough, use part or all of your Social Security proceeds to invest in a favorite cause or two. Invest 10 percent or 100 percent of your monthly Social Security check in your favorite charity, foundation, think tank, church or synagogue, or other good cause.
I think that what we put on our skin and what we eat, you just cannot compromise. You cannot keep on putting things that are toxic and that are going to compromise your health on your skin. Your skin absorbs. It's the same as eating. Over 60 percent is absorbed directly into your blood stream. So to me paying that little bit extra is absolutely worth it. It's health insurance.
If you give only 80 percent leadership, your dog will give you 80 percent following. And the other 20 percent of the time he will run the show. If you give your dog any opportunity for him to lead you, he will take it.
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