There are many countries in the world that when they reached the middle-income stage, they witnessed serious structural problems such as growth stagnation, a widening wealth gap and increasing social unrest.
Your greatest asset is your paycheck. Disability insurance protects you and your family if you are unable to work by providing income which will help pay your bills and take care of your family. It's just as important as life insurance.
An income means life to wretched mortals, but it is a terrible fate to die among the waves.
I still get invitations from all over Europe to speak at dinners, and it's an honour that promoters and charities can use me to create income.
The tragedy of government welfare programs is not just wasted taxpayer money but wasted lives. The effects of welfare in encouraging the break-up of low-income families have been extensively documented. The primary way that those with low incomes can advance in the market economy is to get married, stay married, and work—but welfare programs have created incentives to do the opposite.
... the top 10 percent of incomes pay 70 percent of the income taxes and cast about 25 percent of the vote.
A much more radical conclusion . . . that, so far as I know, is shared by only a very few students of public choice [is]: that government employees or people who draw the bulk of their income from government by other means should be deprived of the vote . . . It is another example of the opening up of alternatives for investigation and the presentation of new conceivable policy options characteristic of public choice, rather than a policy that all its students favor.
Men do not realize how great an income thrift is.
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.
Frugality is a handsome income.
We are beginning a new era in our government. I cannot too strongly urge the necessity of a rigid economy and an inflexible determination not to enlarge the income beyond the real necessities of the government.
We were postwar middle-class white kids living in the slipstream of the greatest per-capita rise in income in the history of Western civilization; we were 'teen-agers' - a term, coined in 1941, that was in common usage a decade later - a new, recognizable franchise. We had money, mobility, and problems all our own.
If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to finance comfortable retirements and high-quality healthcare for all citizens, including those at the bottom of the wage ladder.
Every good citizen should be willing to devote a brief time during some one day in the year, when necessary, to the making up of a listing of his income for taxes to contribute to his Government, not the scriptural tithe, but a small percentage of his net profits.
In real estate, many investors love triple net leases. With NNN's investors receive income without the expenses of taxes, repairs and insurance. The tenant covers these costs.
It is an inconvenience, being located in a city where taxes are ludicrously high, where you pay twice your annual income to rent an apartment that could easily be carried on a commercial airline flight.
Meeting writers is always so disappointing. I got over wanting to meet live writers quite a long time ago. There is this terrific book that has changed your life, and then you meet the author, and he has shifty eyes and funny shoes and he won't talk about anything except the injustice of the United States income tax structure toward people with fluctuating income, or how to breed Black Angus cows, or something.
Stars didn't have to worry as they were on long term contracts and were able to enjoy their vacations without worrying about tomorrow. Few had financial worries due to large incomes and little taxes.
I've got people handling the media. I employ at the moment two people. No-one is paying income tax on the money they use to employ people.
Yes, there are lots of individual exceptions. But no one has ever done a study about voting intention without ascertaining that the biggest determining factor is your income and your wealth.
But look what we have built low-income projects that become worse centers of delinquency, vandalism and general social hopelessness than the slums they were supposed to replace. Cultural centers that are unable to support a good bookstore. Civic centers that are avoided by everyone but bums. Promenades that go from no place to nowhere and have no promenaders. Expressways that eviscerate great cities. This is not the rebuilding of cities. This is the sacking of cities.
I wouldn't wish the eighties on anyone, it was the time when all that was rotten bubbled to the surface. If you were not at the receiving end of this mayhem you could be unaware of it. It was possible to live through the decade preoccupied by the mortgage and the pence you saved on your income tax. It was also possible for those of us who saw what was happening to turn our eyes in a different direction; but what, in another decade, had been a trip to the clap clinic was now a trip to the mortuary.
My wife's income allowed me to do what I really loved. I realized that women's liberation is men's liberation, too.
My mother stopped working when she had my brother. She was a full time mom until I started getting heavily into ice skating lessons, and it got to the point where they really needed my mom to earn an income.
Instead of rising rapidly in the beginning and flattening out later, the earnings curves of most those who eventually become millionaires was the reverse; their income increased slowly, if at all, for many years. And then after two to three decades, it suddenly went through the roof.
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