A Quote by Philip Kotler

Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.

Philip Kotler

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Companies Consumers Debt Enough Even Failing Few Few People Gains Gdp Go Grows Hands High High Level Income Incurring Levels Make Manage Meet More Much Needs People Put Slower Stakeholders Successful Though Together Too Too Much Worked

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Philip Kotler
American - Author
Born: May 27, 1931

Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.

Philip Kotler

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

Warren Buffett

It is critical that low-income consumers have access to alternative products and services such as rent-to-own. It gives working-class families opportunities to obtain decent household items without incurring the burden of debt.

William Lacy Clay, Jr.

On inequality, I contend that far too much of the nation's wealth and income is gravitating to too few. This undermines the democracy we all cherish and the overall social cohesion necessary to maintain our wonderfully successful society.

James Stone

We're a lazy, undisciplined generation. I don't exempt myself: I spend way too much, even though I make a good income.

Ben Stein

The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.

Nouriel Roubini

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

Income taxes are very poor at generating income from automation because the gains are realized by technology companies that are experts at not paying taxes.

Andrew Yang

Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.

Alan Greenspan

By the time most people file for bankruptcy, their credit is already trashed, they have a high debt-to-income ratio - a key indicator lenders look at - and they've likely defaulted on more than a few accounts.

Jean Chatzky

The truth is, our corporate income taxes are some of the highest in the world, and frankly, in my judgment it's unpatriotic if you're not for reducing the corporate income tax. We want to make it so American companies are on a more level playing field competing with companies around the world.

Jim Jordan

And money, if the pile gets high enough, is something like a big political party: it does as much harm as it does good, it puts too much power in too few hands, and the closer you come to it the dirtier you get.

Gregory David Roberts

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

Too much of the GDP over the last generation has gone to too few of the people.

Lloyd Blankfein

Our federal income tax law defines the tax y to be paid in terms of the income x; it does so in a clumsy enough way by pasting several linear functions together, each valid in another interval or bracket of income. An archeologist who, five thousand years from now, shall unearth some of our income tax returns together with relics of engineering works and mathematical books, will probably date them a couple of centuries earlier, certainly before Galileo and Vieta.

Hermann Weyl

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.

Matthew Desmond

A Quote by Philip Kotler

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