Income Quotes - Page 13

• One of the most insidious consequences of the present burden of personal income tax is that it strips many middle class families of financial reserves & seems to lend support to campaigns for socialized medicine, socialized housing, socialized food, socialized every thing. The personal income tax has made the individual vastly more dependent on the State & more avid for state hand-outs. It has shifted the balance in America from an individual-centered to a State-centered economic & social system.

  William Henry Chamberlin

  America, Avid, Hands

  13 Copy quote

• As a technologist, I see the trends, and I see that automation inevitably is going to mean fewer and fewer jobs. And if we do not find a way to provide a basic income for people who have no work, or no meaningful work, we’re going to have social unrest that could get people killed. When we have increasing production - year after year after year - some of that needs to be reinvested in society.

  Edward Snowden

  Meaningful, Jobs, Social Unrest

  "Edward Snowden: A 'Nation' Interview". Interview with Katrina vanden Heuvel and Stephen F. Cohen, www.thenation.com. October 28, 2014.

  19 Copy quote

  Show source

• Waste cannot be accurately told, though we are sensible how destructive it is. Economy, on the one hand, by which a certain income is made to maintain a man genteelly; and waste, on the other, by which on the same income another man lives shabbily, cannot be defined. It is a very nice thing; as one man wears his coat out much sooner than another, we cannot tell how.

  Samuel Johnson

  Nice, Men, Hands

  James Boswell, Samuel Johnson, Edmond Malone (1824). “The life of Samuel Johnson, LL. D., comprehending an account of his studies, and numerous works, in chronological order: a series of his epistolary correspondence and conversations with many eminent persons; and various original pieces of his composition, never before published; the whole exhibiting a view of literature and literary men in Great Britain, for near half a century during which he flourished”, p.254

  7 Copy quote

  Show source

• If the Lord had meant us to pay income taxes, he'd have made us smart enough to prepare the return.

  Kirk Kirkpatrick

  Smart, Pay, Return

  4 Copy quote

• Hillary Clinton is making income inequality a central theme in her campaign. Yeah, for example, today she pointed out that her husband makes $300 million a year. She has to get by on $200 million a year, and that's not fair.

  Conan O'Brien

  Husband, Years, Example

  4 Copy quote

• Last year I had difficulty with my income tax. I tried to take my analyst off as a business deduction. The Government said it was entertainment. We compromised finally and made it a religious contribution.

  Woody Allen

  Religious, Government, Years

  8 Copy quote

• It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.

  Thomas Hobbes

  People, Economy, Produce

  40 Copy quote

• A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people.

  William F. Buckley, Jr.

  Wisdom, Country, People

  21 Copy quote

• There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.

  Peter Drucker

  Wisdom, Cat, Ease

  6 Copy quote

• The word capital, as philologists trace it, comes down to us from a time when wealth was estimated in cattle, and a man's income depended upon the number of head he could keep for their increase.

  Henry George

  Wisdom, Men, Numbers

  Henry George (2006). “Progress and Poverty”, p.29, Cosimo, Inc.

  6 Copy quote

  Show source

• Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax."

  Hazel Henderson

  Wisdom, Government, Numbers

  11 Copy quote

• The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.

  Herbert Hoover

  Wisdom, Party, Men

  Herbert Hoover (1938). “Addresses upon the American road”

  4 Copy quote

  Show source

• If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.

  Louis O. Kelso

  Wisdom, Mean, Goal

  Louis O. Kelso, Patricia Hetter Kelso (1967). “Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals”, New York : Vintage Books

  4 Copy quote

  Show source

• If we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the form of return on invested capital, less than 1 percent of United States households are capitalists.

  Louis O. Kelso

  Wisdom, Half, Politics

  4 Copy quote

• Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.

  Louis O. Kelso

  Wisdom, Wages, Electronics

  4 Copy quote

• 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.

  Louis O. Kelso

  Wisdom, Two, Politics

  4 Copy quote

• For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.

  John Maynard Keynes

  Wisdom, Believe, Politics

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.342, Atlantic Publishers & Dist

  4 Copy quote

  Show source

• In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.

  Michael Lind

  Wisdom, Class, Two

  4 Copy quote

• A heavy progressive or graduated income tax.

  Karl Marx

  Wisdom, Politics, Communist Manifesto

  BookCaps, Karl Marx, Friedrich Engels (2012). “The Communist Manifesto in Plain and Simple English”, p.84, BookCaps Study Guides

  56 Copy quote

  Show source

• Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.

  Paul Samuelson

  Wisdom, Analysis, Politics

  24 Copy quote

• We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.

  Margaret Thatcher

  Wisdom, Responsibility, Men

  4 Copy quote

• The rich believe that they're different and that it is their right to pay a much lower tax rate. The response that you see from people on Wall Street, their dismissal and their almost contempt for the concerns about their culpability in the financial crisis, about the income inequality, shows that they are completely out of touch.

  Robin Wells

  Wall, Believe, People

  Source: www.pbs.org

  6 Copy quote

  Show source

• There's nothing wrong with having a 9-to-5 job, but figure out a way to have another stream of income.

  Michelle Singletary

  Jobs, Way, Figures

  4 Copy quote

• Instead of building housing in a wealthy neighborhood and saying, here you go, here's some under the market which will, by the way, drop the market for everyone's housing. Go into the lower income neighborhoods and say, here's a business incentives, so that people can get jobs.

  Eric Bolling

  Jobs, People, Way

  Source: www.foxnews.com

  4 Copy quote

  Show source

• We have a war on women, race wars. Income wars, age wars, religious wars, anything you can imagine. A house divided against itself cannot stand it. And it's going to be up to us, to people, to begin the focus on the positive things, on the things that we have in common and stop listening to those who are stoking the fires of division.

  Benjamin Carson

  Religious, War, Fire

  "Ben Carson calls for unity as Charleston community recovers from tragedy". "The Kelly File" with Megyn Kelly, www.foxnews.com. June 18, 2015.

  13 Copy quote

  Show source