Income Quotes - Page 32

• If you really want to end income inequality, I've got the way to fix it. People who don't work shouldn't get any income.

  Rush Limbaugh

  People, Want, Way

  Source: www.rushlimbaugh.com

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• If you don't work, you shouldn't have an income. If you don't work, you shouldn't get paid.

  Rush Limbaugh

  Paid, Ifs

  Source: www.rushlimbaugh.com

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• People in the White House work hard, whatever administration. They get rewarded in psychic income, a sense that they are involved in something bigger than themselves, that it's important.

  Mark Shields

  Hard Work, White, Psychics

  Source: www.pbs.org

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• Hillary Clinton, income inequality, it's richest damn woman next to the Kennedy family, and you're trying to tell me she cares about income inequality?

  Joe Biden

  Kennedy Family, Trying, Care

  Source: www.rushlimbaugh.com

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• Here's Hillary Clinton getting away with tying the Republicans to rich people. She's tying the Republican Party to Wall Street, to the big banks. She's tying the Republican Party to the financial crisis in 2008. It's all their fault. She's tying herself as with the low-income crowd - and the average, ordinary middle class American - as their champion, as their defender. They don't know that it's not the Republicans in bed with banks. They don't know that it's the banks that are practically paying for and underwriting the Democrat Party and Hillary Clinton today.

  Rush Limbaugh

  Wall, Party, Average

  Source: www.rushlimbaugh.com

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• I think the media and the candidates have got to talk about why the middle class is in decline and why we have massive levels of income and wealth inequality.

  Bernie Sanders

  Thinking, Media, Class

  Source: www.nbcnews.com

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• The two reasons that Bernie Sanders gave her fits was the Iraq War and her association with Wall Street. Wall Street owns Hillary Clinton. Wall Street has bought Hillary Clinton and whatever policy considerations she can give them if she gets elected. They have bought her already. That's what all the speech income is really all about.

  Rush Limbaugh

  Wall, War, Two

  Source: www.rushlimbaugh.com

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• For the three decades after WWII, incomes grew at about 3 percent a year for people up and down the income ladder, but since then most income growth has occurred among the top quintile. And among that group, most of the income growth has occurred among the top 5 percent. The pattern repeats itself all the way up. Most of the growth among the top 5 percent has been among the top 1 percent, and most of the growth among that group has been among the top one-tenth of one percent.

  Robert H. Frank

  Years, People, Growth

  Source: bobmorris.biz

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• Many decry rising inequality because it makes those who've fallen behind feel impoverished. But it's done much more than cause hurt feelings. It has also raised the real cost to middle-income families of achieving many basic goals. The process begins with the completely unremarkable fact that top earners have been spending at a substantially higher rate than before. They've been building bigger mansions, staging more elaborate weddings and coming-of-age parties for their kids, buying more and better of everything.

  Robert H. Frank

  Hurt, Real, Party

  Source: bobmorris.biz

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• If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.

  Robert H. Frank

  Mean, Dollars, Saving

  Source: bobmorris.biz

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• I like to take CEOs into consumers' homes to see the "real world." CEOs have privileged lives with big incomes, lots of help, access to just about anything they wish. The average consumer lives on $53,000 a year and has daily tradeoffs and compromises that must be made. I took a CEO into a trailer park so he could observe first-hand - and understand - how consumers use his product.

  Michael J. Silverstein

  Real, Home, Average

  Interview with Bob Morris, bobmorris.biz. November 28, 2015.

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• The truth is that political consciousness in this country is pretty low... To the degree that we can help educate and organize people around the most important issues facing their lives and show that there is support for fundamental changes in the way we do business in the United States of America in terms of income inequality, in terms of low wages, in terms of disastrous trade policies, in terms of being the only major country not to have a national healthcare program - that's success.

  Bernie Sanders

  Country, America, Issues

  Source: www.chicagotribune.com

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• If we can create a climate among people that says that any serious candidate for president, Senate, governor, [the] House is going to have to talk about income inequality, raising wages in America, trade policy - that's a huge success. It's not putting pressure on a candidate. It's mobilizing people.

  Bernie Sanders

  America, People, House

  Source: www.chicagotribune.com

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• If we don't move forward with regard to creating a non-racial society in South Africa and we allow this legacy of apartheid to persist, these divisions between black and white in wealth and income and so on, in the future you would indeed have an ugly upheaval.

  Thabo Mbeki

  Moving, Black And White, Creating

  Source: www.nelsonmandela.org

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• For the rains and the rivers you need forests and you need to make sure these your forests are all protected, that there is no logging, that there is no charcoal burning and all the activities that destroy the forest. All this really needs to be done so that you can be able to grow good coffee, so that you can have an income, so that you can send your children to school, so that you can buy medicine, so that you can take them to hospitals, so that you can care for the women, especially mothers.

  Wangari Maathai

  Mother, Children, Rain

  Source: kenvironews.wordpress.com

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• Even in our own agriculture strategy, if we got a great new drought-resistant seed and we managed to get it distributed in the system, we just assumed that it would reach female farmers. That's a false assumption, because women don't interact with agro-dealers. So if you don't develop specific programming to ensure that seed gets in a woman's hands, then the extra income [generated by higher-yielding crops] goes into her husband's hands.

  Melinda Gates

  Husband, Hands, Agriculture

  Source: www.macleans.ca

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• The thing about drugs is that it [dealing] gives people an income to deal with, and it also gives people a compelling drama in their lives that they used to get from the office and the factory, and they're no longer there. What happens if you have everything in the hands of the state, particularly in the line of an authoritarian state, they just give people drugs to keep them doped up, to keep them passive.

  Irvine Welsh

  Drama, Hands, People

  Source: www.macleans.ca

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• For the workers and their families, being able to bring home a living wage helps their families and, by extension, helps our economy. Seventy percent of our economy is consumer-based. We know that when lower- and middle-class families have money and disposable income, they spend it. That puts money back into the economy. It's a win-win for everybody: Not just for the individual, not just production at a specific company (like Nissan), but for the greater good.

  Nina Turner

  Home, Winning, Class

  Source: www.glamour.com

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• On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top of the pyramid.

  Michael Hudson

  Pyramids, Flat Tax, Made

  Source: www.counterpunch.org

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• From 2008 to 2016 all the growth in the American economy, all the growth in national income, was earned just by the wealthiest 5% of the population. So they got all the growth. 95% of the population didn't grow. If you can get a flat tax or other lower tax, as Trump is suggesting, then this richest 5% will be able to keep even more money. That means that the 95% will be even poorer than they were before, relative to the very top.

  Michael Hudson

  Mean, Growth, Population

  Source: www.counterpunch.org

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• What do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.

  Michael Hudson

  Government, Giving, Campaigns

  Source: www.counterpunch.org

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• One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".

  Michael Hudson

  People, Earning, Gains

  Source: www.counterpunch.org

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• Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

  Michael Hudson

  People, Gains, Rich

  Source: www.counterpunch.org

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• Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.

  Michael Hudson

  Real, Gains, Driving

  Source: www.counterpunch.org

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• If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then you buy other stocks, you can avoid paying taxes. And if your accountant registers your wealth offshore in a Panamanian fund, like Russian kleptocrats do - and as more and more Americans do - you don't have to pay any tax at all, because it's not American income, it's foreign income in an enclave without an income tax.

  Michael Hudson

  Paying Taxes, Heirs, Gains

  Source: www.counterpunch.org

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