If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.
If the Liberal Left can create the common perception that success and failure are simple matters of 'fortune' or 'luck,' then it is easy to promote and justify their various income redistribution schemes.
Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.
That whole 99% thing, they are all in the 1% of the world. Every one of them pays a cellphone bill that is the yearly income for a family in much of the rest of the world.
We have to make it easier to be good workers, good parents and good caregivers all at the same time. That's why I've set out a bold vision to make quality, affordable child care available to all Americans and limit the cost to 10 percent of family income.
If you wanna maintain 20 percent of the world's income with 4 percent of the world's people, you gotta first of all have more shared prosperity and shared growth.
For the author there is nothing but his pen, till that and life are worn to the stump: and then, with good fortune, perhaps on his death-bed he receives a pension and equals, it may be, for a few months, the income of a retired butler!
When you reach a certain level of fame or success or income all these magical things are going to happen to you. All of the sudden you're very popular. You're very pretty. Everyone loves you and that's going to fix all your problems.
If a woman is making $85,000 a year, putting aside 20% of her income, putting it in a bank, earning very little. . . Over the course of her life vs. investing, this can cost her $1. 5 million, $2 million, $2. 5 million. Life changing amounts.
My mother brought accordion home. She was going to learn to play it so she could teach it and increase her income. And I got fascinated with it, so she backed off and let me do it.
There is nothing more demoralizing than a small but adequate income.
If the "rich" were swarming into poor neighborhoods and beating the poor until they coughed up the dimes they swallowed for safekeeping, yes, this would be a transfer of income from the poor to the rich. But allowing taxpayers to keep more of their money does not qualify as taking it from the poor - unless you believe that the poor have a moral claim to the money other people earn.
I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40 percent of our national income.
Since 1994, unemployment rates are lower. Median household income is higher. A greater percentage of Americans are graduating from college. Home ownership rates are higher. And the violent crime rate has decreased.
I believe that there should be a very much heavier progressive tax on very large incomes, a tax which should increase in a very marked fashion for the gigantic incomes.
Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.
We can applaud the state lottery as a public subsidy of intelligence, for it yields public income that is calculated to lighten the tax burden of us prudent abstainers at the expense of the benighted masses of wishful thinkers.
When people ask, "Why should the rich pay a larger percent of their income than middle-income people?" - my answer is not an answer most people get: It's because their power developed from laws that enriched them.
Obama made his no-new-taxes pledge over and over again four years ago as he campaigned. Not only has he repeatedly and blatantly violated it, but his policies have relentlessly assaulted poor and middle-income family budgets.
The mass of the rich and the poor are differentiated by their incomes and nothing else,and the average millionaire is only the average dishwasher dressed in a new suit.