Top 1200 Income Distribution Quotes & Sayings - Page 4

To make a proper moral appraisal of the prevalence of severe poverty today, we should focus not on comparisons with times past, when the global average income was much lower, but on a comparison with what would be possible in our time, given the current global average income and level of technological and administrative development.

They talk about income inequality. I’m for income inequality.

Could America exist without an income tax? The idea seems radical, yet in truth America did just fine without a federal income tax for the first 126 years of her history.

What the Democrats do with income inequality is punish the people at the top of whatever bracket we're talking about. If it's income, they want to raise taxes. They want to impugn, punish, institute more regulations, just make it tougher and tougher and do what they can to take money from them.

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.

Mr. Speaker, in 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. Think about it, 1848 Karl Marx, Communism.... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS, my colleagues. I yield back all the rules, regulations, fear, and intimidation of our current system.

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.

Financial security is a constant in my life. I allow my income to constantly expand, no matter what the newspapers and economists say. I move beyond my present income, and I go beyond the economic forecasts. I do not listen to people out there telling me how far I can go or what I can do.

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.

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.

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.

After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. ?By comparison, the average real income of the other 95% of households grew less than 10%.

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.

The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrence to private initiative which are imposed by our present tax system, and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963.

Especially for the young and the lowest-skilled, minimum wage becomes a toll that prevents many from entering the work force and gaining the skills that can make a low income or middle class worker a high income worker. This is so obvious that one wonders why liberals keep championing the minimum wage cause.

I'll tell you what I'd do if it were up to me: I would establish a strictly controlled distribution network through which I would make most drugs, excluding the most dangerous ones like crack, legally available. Initially I would keep the prices low enough to destroy the drug trade. Once that objective was attained I would keep raising the prices, very much like the excise duty on cigarettes, but I would make an exception for registered addicts in order to discourage crime. I would use a portion of the income for prevention and treatment. And I would foster social opprobrium of drug use.

Well, higher-income people don't have to pay taxes if they don't want to because they can move their money somewhere else, they can move their investments. They can stop investing. They can stop working. They don't need to work. They're higher-income people.

True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer if necessary; dispense with the new pair of gloves; mend the old dress: live on plainer food if need be; so that, under all circumstances, unless some unforeseen accident occurs, there will be a margin in favor of the income.

Because U.K. artists aren't compensated when their music is played on U.S. radio ­stations, U.S. artists aren't ­compensated when their records are played on U.K. stations based on the fact that there's no reciprocity. If that income came in, our ­artists would be paying income taxes on it. So if we can get a lot of policy on the radar, that may have some positive influence.

We need more housing in San Francisco, plain and simple, and we especially need more affordable housing for our low-income households, seniors, teachers, formerly homeless people, veterans, and middle-income residents.

The motivation to start the infrastructure business was to have at least one business that gives you annuity income. Others are services businesses that don't give you annuity income. If you keep the customer happy, you make money. But in a household, if there are five people, keeping all of them happy is also difficult.

Security concerns are especially high with regard to the e-filing of Income Tax returns that is rapidly being extended from commercial entities to individuals. Leading IT security experts and tax consultants are unhappy at the lack of security in e-filing of Income Tax returns.

After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%.

We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity.

The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.

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.

The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over this period.

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.

One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average American set fire to a five-dollar bill, it would be an even smaller percentage of his annual income. But everyone would consider him foolish for doing it.

Expanding eligibility of family planning services to low-income women will maximize cost-savings to both federal and state governments, reduce the disparities in access to family planning services for low-income women, and decrease the incidence of abortion in the U.S.

Just as incarceration has come to define the lives of low-income black men, eviction is defining the lives of low-income black women.

It is difficult to love mankind unless one has a reasonable private income, and when one has a reasonable private income one has better things to do than loving mankind.

If you are born into a family below the national median income, we provide you with an additional $500, and for every contribution made to a child's account below the national median income, we match it dollar for dollar - the federal government will.

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.

Taxes and fees in Chicago and Cook County are forcing low-income families like the one I grew up in out of this city. It's clear we can't keep treating low-income and middle-class families like an ATM machine with no limit.

One thing that's really interesting is not only the magnitude of the recent immigration into this country, but also its distribution and its investment in the country. About 9.3 percent of the population is now foreign-born [announced by the Census Bureau at over 10 percent a few days later]. What's really surprising is how well distributed those population groups are. Historically, we see new immigrants primarily on the coast and in a few big cities. I think the data are going to show a much wider distribution of the new population groups than we've experienced historically.

Give according to your income lest God make your income according to your giving.

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

If the Nation is living within its income, its credit is good. If, in some crises, it lives beyond its income for a year or two, it can usually borrow temporarily at reasonable rates. But if, like a spendthrift, it throws discretion to the winds, and is willing to make no sacrifice at all in spending; if it extends its taxing to the limit of the peoples power to pay and continues to pile up deficits, then it is on the road to bankruptcy.

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.

The best tool today is longevity insurance - they call it income insurance. Most people know the value of life insurance. But what if you live? So instead of trying to guess one or the other, you plan for those 20 years and you get this income insurance. If you live beyond 85, you have money that's guaranteed for as long as you live in the form of an annuity.

Expanding eligibility of family planning services to low-income women will maximize cost-savings to both federal and state governments, reduce the disparities in access to family planning services for low-income women, and decrease the incidence of abortion in the U.S

If surface water can be compared with interest income, and non-renewable groundwater with capital, then much of the West was living mainly on interest income. California was milking interest and capital in about equal proportion. The plains states, however, were devouring capital as a gang of spendthrift heirs might squander a great capitalist's fortune.

In order to have quality journalism you need to have a good income stream, and no Internet model has produced a way of generating income that would pay for good-quality investigative journalism.

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.

The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.

A lot of our sources for income-inequality measures come from household surveys in which people report how much they earned in the last year, how much income they have, and so on. Those are not as well funded as they should be. We need to have those numbers.

If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.

It's one thing to maintain that upper-income earners should pay higher tax rates because they are better able to shoulder the burden for essential government services. But it's constitutional blasphemy to claim that the tax code should be used as a weapon against the wealthy and that the state should be the tyrannical arbiter of how income is distributed.

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.

A man is rich whose income is larger than his expenses, and he is poor if his expenses are greater than his income.

It should feel genuinely good to earn income from your blog - you should be driven by a healthy ambition to succeed. If your blog provides genuine value, you fully deserve to earn income from it.

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.

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.

In the past 40 years, the United States lost more than a million farmers and ranchers. Many of our farmers are aging. Today, only nine percent of family farm income comes from farming, and more and more of our farmers are looking elsewhere for their primary source of income.

Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.

We don't make enough in our job to live the way that we would want to and to have the support that we would need. Most of our income doesn't even come from our salary from our employer and we have to find income from other places.

All taxes, except a 'lump-sum tax,' introduce distortions in the economy. But no government can impose a lump-sum tax - the same amount for everyone regardless of their income or expenditures - because it would fall heaviest on those with less income, and it would grind the poor, who might be unable to pay it at all.

Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.

A universal basic income means not only that millions of people would receive unconditional cash payments, but also that millions of people would have to cough up thousands more in taxes to fund it. This will make basic income politically a harder sell.