Income Quotes

Real median household incomes in the U.S. were basically the same in 1989 as in 2014. But we are also seeing similar challenges in the U.K. in the stagnation of real wages.

Why is it that half of the households in America pay zero income tax? We need some real tax reform.

Pell Grants are, and have been, critically important tools in making higher education a possibility for lower- and middle-income students.

If we win all those fights, and now let's say the income gap, and the wealth gap, and the education gap have for the most part been closed - let's say hypothetically, , first of all, America as a whole would be a lot richer.

When I speak of The Case for Equality I mean human equality; and that, of course, can only mean one thing: it means equality of income.

So every dollar of income that I have that is potentially taxed away is a dollar I can't put in my company to create a job. My entire company is around job creation.

I'd make an educated guess that 20 to 25 percent of the taxable property in the U.S. is Church-owned.In a recent book, Church Wealth and Business Income, it was estimated that this property -all of it tax-exempt -is worth upwards of 80 billion dollars. I know that's a fantastic, unbelievable figure, but there's every reason to believe that it's on the conservative side; and this amount is increasing yearly at a geometric rate.

A premise of the new city is that we want a society to be as egalitarian as possible. For this purpose, quality-of-life distribution is more important than income distribution. [And quality of life includes] a living environment as free of motor vehicles as possible.

In the United States today we have the most unequal wealth and income distribution of any major country on earth - worse than at any time since the 1920s. This is an economy that must be changed in fundamental ways.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

Income tax in particular in the United States is concentrated on the top half of the income distribution, and very heavily skewed towards the top 10 or even top 1 percent.

Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.

The mass of the rich and the poor are differentiated by their incomes and nothing else,and the average millionaire is only the average dishwasher dressed in a new suit.

What is obviously unfair is that the half of the population that doesn't go to university that's often on lower incomes pays more taxes in order to send other people to university, without them, you know, contributing.

I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.

In fact, the corporations are driving out the competition and it is not getting better, especially when they are not paying income taxes. Thank goodness for the social media out there, because we sure can't count on the corporate media to get the word out.

The Government in their own terms, for example, they banked the income for the backpackers' tax. But they had a process attached to the backpackers' tax of review that they wanted to go through. What the Government's saying now with this bill is any process, any detail, any reinvestment that Labor had as part of its package, we're meant to ignore all of that and it's only the cut part of it that we're meant to be committed to.

And I do not want, and I will not accept, a deal in which I am asked to do nothing, in fact, I'm able to keep hundreds of thousands of dollars in additional income that I don't need, while a parent out there who is struggling to figure out how to send their kid to college suddenly finds that they've got a couple thousand dollars less in grants or student loans.

The reason this system can’t be overthrown in this country,” Walter said, “is all about freedom. The reason the free market in Europe is tempered by socialism is that they’re not so hung up on personal liberties there. They also have lower population growth rates, despite comparable income levels. The Europans are all-around more rational, basically. And the conversation about rights in this country isn’t rational. It’s taking place on the level of emotion, and class resentments, which is why the right is so good at exploiting it.

While certain coastal cities have become very prosperous, the rest of China has a per capita income of $200 a year. The coast wants to have nothing to do with the interior; it wants to work with Tokyo and New York. This is an old story in China. It is why Mao succeeded in 1927. He wanted [coastal] Shanghai to throw the foreigners out, but Shanghai was doing too well financially [to expel foreigners]. So Mao went to the interior and raised a peasant army. He came back to Shanghai and sealed off the country.

The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.

The really great thing about cats is their endless variety. One can pick a cat to fit almost any kind of decor, income, personality, mood. But under the fur, there still lies, essentially unchanged, one of the world's free souls.

I regret that I must so continually use the word genius, as if that should apply only to a caste as well defined from those below as income-tax payers are from the untaxed. The word genius was very probably invented by a man who had small claims on it himself; greater men would have understood better what to be a genius really was, and probably they would have come to see that the word could be applied to most people. Goethe said that perhaps only a genius is able to understand a genius.

A meritocracy is a system in which the people who are the luckiest in their health and genetic endowment; luckiest in terms of family support, encouragement and, probably, income; luckiest in their educational and career opportunities; and luckiest in so many other ways difficult to enumerate - these are the folks who reap the largest rewards.

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.

Middle-income countries are the biggest users of GMOs. Places like Brazil.

Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.

Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable

1.5 billion people lack proper access to electricity. Many buy kerosene, which can cost 30 percent of their income. It sends millions of metric tons of carbon dioxide into the atmosphere every year. And often the lamp will fall over and catch the house on fire. So mothers hate it, but it's their only option.

Rule by the statist elite is not benign or simply a matter of who happens to be in office: it is rule by a growing army of leeches and parasites battening off the income and wealth of hard-working Americans, destroying their property, corrupting their customs and institutions, sneering at their religion.

You boast of spending a tenth part of your income in charity; may be you should spend the nine tenths so, and done with it.

...How can Americans living in the freest country in the world be 'slaves'? We don't even enjoy the liberty of serfs. ( A serf paid only 25% of his earnings to his feudal lord. How much income tax do you pay?) Don't kid yourselves, we're slaves. Slaves with weekends off.

I have thoroughly tried school-keeping, and found that my expenses were in proportion, or rather out of proportion, to my income,for I was obliged to dress and train, not to say think and believe, accordingly, and I lost my time into the bargain. As I did not teach for the good of my fellow-men, but simply for a livelihood, this was a failure. I have tried trade; but I found that it would take ten years to get under way in that, and that then I should probably be on my way to the devil. I was actually afraid that I might by that time be doing what is called a good business.

No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.

No matter our background, or income, or geography, we are all citizens of America. And no matter our color, or the blood, the color of the blood we bleed, it's the same red blood of great, great patriots.

Donald Trump is targeting the traditional Republican voters, the average person with an average income, the working class, a certain group of entrepreneurs and those people who embrace traditional values.

A man is still likely to earn more money than a woman, even one doing the same job. You have a far better chance of entering political office or becoming a company director... Women are responsible for two thirds of the work done worldwide, yet earn only 10% of the total income and own 1% of the property... So, are we equals? Until the answer is yes, we must never stop asking.

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.

The money our society spends goes to appease those with power. As such, it goes mainly to those who don't need it. A nation that redistributes income to its poor buys a civilized and humane society, and it buys this with a miniscule share of the national income and a modest reduction in the supply of cleaning women. A country that subsidizes workers in the prime working years sacrifices, not a dust-free living room, but the very muscle of the national economy.

Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.

This is a critical time in American history. [Donald's Trump] strength is willingness to stand up to political conventions, take on Republican and Democrat leaders, and, in effect, do so in defense of the legitimate interest of people who make less than median income in America, is the key to victory.

By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.

The United States is the most indebted country in the world. It has almost 17 billion dollars of debt with the rest of the world while living off the world's savings. They are living off the savings of the people of Greece, the savings of the people of Spain, France etc. All of those countries that save their reserves in the banks in dollars are simply financing the American economy, and that is why the average American citizen consumes two and a half times more than their income.

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.

Guess you lose some & win some, long as the outcome is income.

That's why Apple, Microsoft and the big information technology companies have kept so much money registered abroad (although in US dollar accounts with a nominal foreign address's owner). They pretend to make their global income in Ireland. They have an office, which could be simply a postal drop box in Ireland, and claim to make all their money there, not in America.

In this particular historical moment, the notion of conjuncture helps us to address theoretically how youth protests are largely related to a historically specific neoliberal project that promotes vast inequalities in income and wealth, creates the student-loan-debt bomb, eliminates much-needed social programs, eviscerates the social wage, and privileges profits and commodities over people.

If you want to get at African American poverty, the income gap, wealth gap, achievement gap, that the most important thing is to make sure that the society as a whole does right by people who are poor, are working class, are aspiring to a better life for their kids.

Recent demonstration projects have shown that with some Federal support, a little funding can go a long way toward ensuring that low-income children have access to good oral health care.

This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work... or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.