A Quote by Robert Reich
As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
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I think it's terrible for people in effect to say that income from investment should be taxed at a much lower rate than income from labor.
Lower-income immigrant families might receive more in benefits than they pay in taxes. But that mathematical equilibrium is temporary, and an artifact of the way the tax-and-transfer system is structured to help lower-income families and to support families with kids.
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.
In terms of addressing some of the most impacted communities and historically excluded communities - often of color, often low income - there is this adage in specifically African American communities that on every corner in low income neighborhoods you'll find a liquor store.
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.
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.
China's continued growth and rising household income are creating opportunities for lower-income economies in low-cost manufacturing.
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.
I had been very focused on the issue of education disparities in our country, and literally, by the time kids are just nine years old, in low-income communities, they're already three or four grade levels behind nine-year-olds in high-income communities.
No state income tax, no snow, lots of golf courses, and ready-made gated communities make Florida an irresistible place for seniors - the ones who have the income level - to retire.
When your work is nonfiction about low-income communities, pretty much anything that's not nonfiction about low-income communities feels like a guilty pleasure.
The opportunities, income, schools facilities, the basic income support that the government provides or any of these things .. public transport arrangements we have.. all these are part of the way our lives and freedoms are effected.
Growing up in a lower-income family, you don't have the resources to make ends meet and you have to find creative ways to get by.
The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.
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.
The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer people would if they got another $100 or $1,000 or $5,000. All the empirical evidence suggests that the rich tend to consume a lower proportion of income than middle and lower-income people.
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