Income Quotes - Page 22

• The government transfers income and wealth according to the rules of politics, which make politicians the primary beneficiaries of the system, and the poor and needy the primary victims.

  Hans F. Sennholz

  Government, Wealth, Politician

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• Most of the people in the upper income brackets are not rich and do not have wealth sheltered offshore. They are typically working people who have finally reached their peak earning years after many years of far more modest incomes-and now see much of what they have worked for siphoned off by politicians, to the accompaniment of lofty rhetoric.

  Thomas Sowell

  Years, People, Earning

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• In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions.

  Sheldon Richman

  Wealth, Economy, Results

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• The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

  Ludwig von Mises

  Philosophy, Progressive Taxation, Class

  Ludwig von Mises (2015). “Middle of the Road Policy Leads to Socialism”, p.32, Ludwig von Mises Institute

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• The income tax has spawned an intrusive bureaucracy, creating so much complexity and red tape that millions of ordinary citizens have to go get some accountant to fill out the forms for them - and then sign under penalty of perjury that it was done right. If you knew how to do it right, you wouldn't have to go to somebody else to have it done, would you?

  Thomas Sowell

  Creating, Ordinary, Tape

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• The long-run historical tendency of capitalism has not only been to increase real incomes more or less proportionately nearly all along the line, but to benefit the masses even more than the rich.

  Henry Hazlitt

  Running, Real, Long

  Henry Hazlitt (1996). “The Conquest of Poverty”

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• Relief, or redistribution of income, voluntary or coerced, is never the true solution of poverty, but at best a makeshift, which may mask the disease and mitigate the pain, but provides no basic cure.

  Henry Hazlitt

  Pain, Relief, May

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• Government is so big today that more than half the population gets a major part of its income from the state.

  John Stossel

  Government, Population, Half

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• Imagine a senator running for president whose positions included halving the military budget, socializing the medical system, re-regulating the communications and electrical industries, establishing a guaranteed minimum income for all Americans, and equalizing funding for all schools regardless of property valuations - and who promised to fire Alan Greenspan, counseled withdrawal from the World Trade Organization, and, for good measure, spoke warmly of adolescent sexual experimentation. That was Barry Goldwater, conservative.

  Rick Perlstein

  Running, Military, Communication

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• The growing inequality of wealth and income distribution is both a moral and economic problem. If the wealthy are unwilling to pay more taxes, then this is going to lead to spending cuts. And if you put off the table things like national defense, then you're going to end up cutting more and more out of programs that aid the poor. So, I think there are consequences to this idea that tolerance for inequality requires us to - to just do nothing to make the wealthy contribute a higher share of resources to fund the government.

  Bruce Bartlett

  Cutting, Thinking, Ideas

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• Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.

  Charlie Munger

  Justice, Lawyer, Blind

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• It's natural that you'd have more brains going into money management. There are so many huge incomes in money management and investment banking - it's like ants to sugar. There are huge incentives for a man to take up money management as opposed to, say, physics, and it's a lot easier.

  Charlie Munger

  Men, Brain, Banking

  Charlie Munger's comments on money managers at the 2001 Wesco Financial Annual Meeting, www.tilsonfunds.com. May 2, 2001.

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• [High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our present tax system...reduces the financial incentives for personal effort, investment, and risk-taking.

  John F. Kennedy

  Effort, Risk, Incentives

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• So I do have to work, you know, and I find as many movies and TV shows that I can, because otherwise I wouldn't have an income.

  Tippi Hedren

  Tv Shows, Tvs, Knows

  "Better Known For 'Birds,' Tippi Hedren Prefers Cats". "Weekend Edition Saturday" with Scott Simon, www.npr.org. April 24, 2010.

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• 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.

  Otto Weininger

  Regret, Men, People

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• I'm restless. My whole generation is restless. I'm sick of a system where the richest man gets the most beautiful girl if he wants her, where the artist without an income has to sell his talents to a button manufacturer. Even if I had no talents I'd not be content to work ten years, condemned either to celibacy or a furtive indulgence, to give some man's son an automobile.

  F. Scott Fitzgerald

  Beautiful, Girl, Son

  F. Scott Fitzgerald (2015). “The Complete Works of F. Scott Fitzgerald: Novels, Short Stories, Poetry, Articles, Letters, Plays & Screenplays: From the author of The Great Gatsby, The Side of Paradise, Tender Is the Night, The Beautiful and Damned, The Love of the Last Tycoon, The Curious Case of Benjamin Button and many other notable works”, p.299, e-artnow

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• I think music piracy is forcing many people to look at the live aspect of the record industry as an income and in many ways that's what sets apart good music and musicians from the fly by night pop sensations.

  Ben Howard

  Thinking, Night, People

  Source: innerearmedia.wordpress.com

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• The greatest problem America faces is the decline of middle class incomes.

  Charles Schumer

  Class, America, Faces

  Source: www.nbcnews.com

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• The companies move labor to the lowest-cost markets. And so I don`t - I used to support these agreements. In the Congress, I lost the AFL-CIO endorsement a few years because I supported them. But when middle class incomes are declining, these agreements don`t work well for America.

  Charles Schumer

  Moving, Agreement, Years

  Source: www.nbcnews.com

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• I feel very strongly that we need to change the way we do trade because it has been one of the major factors that lead to decline of middle class incomes.

  Charles Schumer

  Class, Needs, Way

  Source: www.nbcnews.com

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• I basically believe that until China stop stealing our intellectual property, and until they stop keeping our companies out that do good things, the amount we will gain from export jobs is minimized, and the amount we lose in middle class incomes is maximized.

  Charles Schumer

  Jobs, Believe, Class

  Source: www.nbcnews.com

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• Ever since I started as an actress, just to catch up on some money, but not having an income for three years was tricky.

  Famke Janssen

  Years, Three, Actresses

  "Famke Janssen Talks TAKEN 2, HANSEL AND GRETEL: WITCH HUNTERS, HEMLOCK GROVE, Her Directorial Debut BRINGING UP BOBBY and Follow-Up RIO ROJO". Interview with Christina Radish, collider.com. October 3, 2012.

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• The novel may be dead as a commercial form. When art forms things die as commercial forms, something happens to the practice of those arts that isn't very pleasant. It used to be that a poet like Tennyson could keep his house and his coach-and-four and his staff of six servants on the income from poetry. That doesn't happen anymore.

  William Monahan

  Art, Practice, House

  Source: collider.com

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• Poetry died as a commercial form and then it died as a serious art form. No one serious touches it. It used to be that somebody like F. Scott Fitzgerald could make a high middle-class income from working as a short story writer for the Saturday Evening Post and other outlets. That doesn't happen anymore. It used to be that a legitimate playwright could make a living on Broadway from writing decent plays.

  William Monahan

  Art, Writing, Class

  Source: collider.com

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• If the 1,990-page House Health Care Bill becomes law, the average American will receive worse health care, American physicians will decline in status and income, American medical innovation will dramatically slow down and pharmaceutical discoveries will decline in number and quality. And, of course, the economy of the United States will deteriorate, perhaps permanently.

  Dennis Prager

  Discovery, Average, Law

  "A Society that Venerates Lawyers More than Doctors". jewishworldreview.com. November 3, 2009.

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