I've been around low-income people all of my life. I mean, growing up, low income, the community where I've chosen to live, low-income.
If accessing the Internet becomes more difficult for low-income communities, academic and employment competition may be undermined, and could damage the prospects of upward mobility for low-income New Yorkers and further exacerbate income inequality.
The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.
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.
Why do we need to support the food stamp program? Because low-income families experience unemployment at a far higher rate than other income groups. Because cutting nutritional assistance programs is immoral and shortsighted, and protecting families from hunger improves their health and educational outcomes.
Income is now more concentrated in the hands of the rich. Those well-off households tend to save and invest higher proportions of their earnings than middle-class or low-income families do.
The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.
During the 1960s, rising real wages for low-income and high-income workers, due in part to rapid economic growth and the spread of unionization, worked in tandem with expanding government support systems to improve Americans' well-being.
Atlanta's a good example of a city that's quite sprawling, where there's a sharp division between where blacks and whites live, between where low-income and high-income families live.
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.
There is a strong need for constructing low income houses in the province, for which the Punjab government has planned a programme of providing houses to low income strata.
A person working 45 hours per week averages 44% more income than someone working 40 hours per week. That's 44% more income for 13% more time.
Low-income taxpayers deserve the same rights as everyone else. It was wrong of the IRS to target low-income taxpayers, and I am please by the decision to correct this unfair practice.
There's no doubt that corporations have been getting away with dumping their pollution into our environment for decades and that they're especially emboldened to pollute in low-income communities and, typically, low-income communities of color.
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.
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.