Quote of the Day
The hardest thing to understand in the world is the income tax.
We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.
In my experience, poor people are the world's greatest entrepreneurs. Every day, they must innovate in order to survive. They remain poor because they do not have the opportunities to turn their creativity into sustainable income.
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.
The best measure of a man's honesty isn't his income tax return. It's the zero adjust on his bathroom scale.
Arthur C. Clarke
An expenditure of words without income of ideas will lead to intellectual bankruptcy.
If there is anyone dependent on your income - parents, children, relatives - you need life insurance.
A large income is the best recipe for happiness I ever heard of.
I have always paid income tax. I object only when it reaches a stage when I am threatened with having nothing left for my old age - which is due to start next Tuesday or Wednesday.
The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened.
Helene D. Gayle
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.
Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?
Socialism violates at least three of the Ten Commandments: It turns government into God, it legalizes thievery and it elevates covetousness. Discussions of income inequality, after all, aren't about prosperity but about petty spite. Why should you care how much money I make, so long as you are happy?
Overcome your barriers, intend the best, and be patient. You will enjoy more balance, more growth, more income, and more fun!
It might be said that it is the ideal of the employer to have production without employees and the ideal of the employee is to have income without work.
E. F. Schumacher
By 2035, there will be almost no poor countries left in the world. Almost all countries will be what we now call lower-middle income or richer.
Invest three percent of your income in yourself (self-development) in order to guarantee your future.
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
The only thing that hurts more than paying an income tax is not having to pay an income tax.
You can't live a positive life with a negative mind and if you have a positive outcome you have a positive income and just to have more positivity and just to kind of laugh it off.
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.
I'm living so far beyond my income that we may almost be said to be living apart.
e. e. cummings
The income tax created more criminals than any other single act of government.
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
John F. Kennedy
A. P. J. Abdul Kalam
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