Quote of the Day
- Page 5
Chance plays a powerful role in every life - our brains and personalities are just chemical soup, after all; a few drops here or there matter enormously - but consequences often become more serious as income levels go down.
There are a lot of people in Congress who would never have made a great career or fortune in any other profession. But after they spend a while hanging out with the rich guys, they begin to feel they've been undervalued, and that an eventual seven-figure income as a lobbyist isn't just an opportunity, it's their due.
One line I'd draw would be on raising the eligibility age for Social Security and Medicare. It sounds fair, since people are living longer. But it isn't. Lower income workers are the ones who find it hardest to keep working after 65. And they'll get penalized with lower benefits.
To Republicans, I humbly suggest that we make it possible for Democrats to give up their quest for redistribution of income and wealth by our acceptance of an appropriate role for government in financing those public goods and services necessary to secure a social safety net below which no American would be allowed to fall.
Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.
Dee Dee Myers
We're going to look awfully stupid if we give income tax relief to people who do not pay income taxes.
Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
Andrew Lloyd Webber
There seems to be an inclination among rock musicians to be very carefree with money, but I negotiate the best flight and hotel deals on our tours to maximise the band's income - I don't want too see too much taken off the top line.
O.K., if the desire to knock America off its pedestal, to redistribute American income to other countries, to shrink America's footprint in the world, makes you anti-American, then Obama is in fact anti-American.
Many of our problems are home-grown. Gordon Brown regularly advised the rest of the world to follow his British model of growth. But the model was flawed. It led to the highest level of household debt in relation to income in the world.
One-third of Americans have already been forced to change their lifestyle because their disposable income is gone. A guy can't go to the corner bar after a rough day at work to have a beer, that's gone to oil!
As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility, in descending order of importance. Most people focus exclusively on income.
If you based your knowledge of the human species exclusively on adverts, you'd think that the normal condition of humanity was to be a good-looking single person between 20 and 35, with excellent muscle-definition and/or an excellent figure, and a large disposable income.
Now my only income is a few royalty cheques from my books.
Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.
I feel awful for women who are trying to raise kids on their own, with zero income and no fathers present - that's single motherhood.
The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time.
Darren L Johnson
My goal was for acting to become my main income. I would say to myself, 'I'm good enough.' That became my mantra.
High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.
Women would be disproportionately affected by the privatization of social security. It is one of the most important safety nets for American women in old age, or in times of disability, to insure financial income for their families.
If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America's infrastructure needs are enormous.
I think it is better when people with their own businesses and means of income join politics as there is some degree of honesty and integrity.
I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.
My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth.
That fallacy flies in the face of studies that show, every day, in every way, things are getting a little worse for America's minorities relative to the progress made by those in the top percentiles of assets and income.
John F. Kennedy
Image of the Moment
Download the free
BrainyQuote iPhone/iPad app
Create beautiful picture quotes to share, and get Today's Quote in Notifications on your devices.
Get Social with BrainyQuote
Follow BrainyQuote on Facebook, Twitter and Google+ to share inspiring quotes with friends. Join now!
Image of the Moment
Quote of the Day
BQ on Facebook
BQ on Twitter
BQ on Pinterest
BQ on Google+
Quote Of The Day Feeds
Quote of the Day Email
© 2001 - 2015 BrainyQuote