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As a member of the Mormon church, Romney is instructed to tithe 10 percent of his income. That's in keeping with most charitable giving: Religious institutions get about one-third of all contributions, according to 'The American' magazine.
Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.
An army environment is very protected, a walled city kind of environment, where everybody has the same income, you have the same birthday parties, you are given return gifts - everything is the same. Everybody is moving up at the same pace.
The federal government is often said in militia circles to have made wholesale seizures of power, at times by subterfuge. A leading grievance holds that the 16th Amendment, which authorizes the federal income tax, was ratified through fraud.
Individual nations have offered their own contributions to income inequality - financial deregulation and upper-bracket tax cuts in the United States; insider privatization in Russia; rent-seeking in regulated industries in India and Mexico.
That is the brilliant thing about the millennials. They're not obsessing about, "Hey, there is not going to be a job for me" - they're trying to take advantage of how good a life they can have without having to create so much nominal income.
More than 90 percent of what Planned Parenthood does nationally is preventive care - including cervical cancer screenings, breast cancer screenings, and family planning - mostly for women with low resources and income below the poverty line.
I will fight special interests in Washington who exploit Native, rural, and low income communities for the purpose of fracking and drilling that pollutes our environment. No short or long term gain is worth polluting our water. Water is life.
This country is conducive to making money. Once you learn this lesson and make your first deal, you will really appreciate the tools available to you in the United States, the tools that will help you 'boot-strap' yourself into a large income.
I would say I'm a fiscal conservative and a social liberal, if that contradiction can make sense, because in Bolivia, we have a great problem, which is the inequity of income distribution. The rich aren't that rich, but the poor are very poor.
Eastern Washington families and businesses should be able to deduct every penny of state and local sales tax they pay throughout the year from their federal tax bill, especially when people in most states are deducting their state income taxes.
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.
I should say many things. Mexico has been one of the losers of the 20th century. We tried many different alternatives to development and unfortunately we have 40 percent of the population poor; we have a per capita income that is extremely low.
If your Income Taxes go to help out the less fortunate, there could be no legitimate kick against it in the world. This is becoming the richest, and the poorest Country in the world. Why? Why, on account of an unequal distribution of the money.
Lesson to would-be fame seekers: It's not really a new world when it comes to celebrity. There are no shortcuts. It's still talent, perseverance and hard work. Even the speed and reach of the Net can't create lasting value and income overnight.
The right to private property meant at the same time the right and duty to be personally concerned about your own well-being, to be personally concerned about your family's income, to be personally concerned about your future. This is hard work.
Mostly out of step, young people, especially poor minorities and low-income whites, are increasingly inscribed within a machinery of dead knowledge, social relations and values in which there is an attempt to render them voiceless and invisible.
The average daily income of a Venezuelan is 72 cents, which isn't enough to purchase daily food. This grinding poverty is a result of a socialist experiment in a country that is home to one of the largest oil reserves in the world - a grim irony.
The truth is that relative income is not directly related to happiness. Nonpartisan social-survey data clearly show that the big driver of happiness is earned success: a person's belief that he has created value in his life or the life of others.
The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.
Rich people are so eccentric, and I don't think people really realize. Especially by the turn of the century, they were living like rappers, and there was no income tax. They are some of the most fascinating people, and I am endlessly fascinated.
Unless one is wealthy there is no use in being a charming fellow. Romance is the privilege of the rich, not the profession of the unemployed. The poor should be practical and prosaic. It is better to have a permanent income than to be fascinating.
During my 30 years on Wall Street, taxes on 'unearned income' have bounced up and down with regularity, and I've never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.
Just saying 'I want this and I want that' doesn't do it. My boys share and share alike in the income that the organization brings in, so that teaches them the lesson: If you work, you can earn some money. That's how life is; it's the American way.
Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated a progressive taxation system - so if people do receive large salaries, they pay more income tax.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
How it works: it's like I have a tour, so there's, you know, some income from that. We have merchandise. There's income from that. Then on YouTube, there's ad revenue... so, you know, YouTube puts ads on the videos, and we need a little bit of that.
Money begets money. If you don't have that, you wait around to be hired by somebody at the mercy of others. If you have that money in your hand, you desperately try to make the best use of it and move ahead. And that's generating income for yourself.
It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working.
It remains to be seen the extent to which the critical needs of seniors in low income high rises, people with home medical needs and those with disabilities have been adequately planned for and met during widespread power outages. I fear the answers.
If I care for an elderly relative without payment, it is not work, is not counted in national income, and, as it is not labour, is not counted as work. Should my neighbour pay me to do precisely the same tasks, it would contribute to economic growth.
If you are born into a family below the national median income, we provide you with an additional $500, and for every contribution made to a child's account below the national median income, we match it dollar for dollar - the federal government will.
There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.
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.
Universal basic income is not a solution in search of a problem - it is the obvious solution that has been in front of us for years. It only requires us to have the vision, empathy and courage to adopt it for the American people before it is too late.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
Given the total income and wealth available in the world today, we could easily overcome poverty, which would require raising the share of the bottom half from three to roughly five percent. Unfortunately, the trend is going in the opposite direction.
I'm still one who says that we can get rid of the Internal Revenue Service if we would pass the fair tax, which is a tax on consumption rather than a tax on people's income, and move power back where the founders believed it should have been all along.
President Obama believes that income inequality is one of the most pressing matters facing the nation. If we are going to be a country that provides ladders of opportunity and believes in a thriving middle class, then we have to raise the minimum wage.
I was so dedicated to generating income to keep my family housed and clothed and schooled. That mattered to me. And playing good golf mattered to me. The rest of the things, like how my record stacked up against others, never made that much difference.
Nothing is more calculated to make a demagogue popular than a constantly reiterated demand for heavy taxes on the rich. Capital levies and high income taxes on the larger incomes are extraordinarily popular with the masses, who do not have to pay them.
People have always assumed that I am privileged. And that has been a problem sometimes. When I first started modelling, and I was schlepping around London with no money, I found it rather irksome that people thought I had a private income when I didn't.
An AI utopia is a place where people have income guaranteed because their machines are working for them. Instead, they focus on activities that they want to do, that are personally meaningful like art or, where human creativity still shines, in science.
I live in Loudoun County, and the counties surrounding Washington, D.C., have the highest per-capita income in the country. Not because they create wealth, but because they suck wealth from the rest of the country, and that system needs to be shaken up.
A universal basic income means not only that millions of people would receive unconditional cash payments, but also that millions of people would have to cough up thousands more in taxes to fund it. This will make basic income politically a harder sell.
When I reflect on the Colbert interview, it moved so quickly that what we didn't do was define white privilege, and I wish we had done that. White privilege is the benefit resulting from white being seen as the standard, regardless of gender and income.
I'm not complaining. I've made a very good living from boxing, better than any living I possibly could have done. Having said that, you don't live the rest of your life off the money you make in boxing. You still have to create positive forms of income.
Household spending growth has been particularly solid in 2015, with purchases of new motor vehicles especially strong. Job growth has bolstered household income, and lower energy prices have left consumers with more to spend on other goods and services.
Liberals talk about the 'income inequality' and the 'unfairness' and the disparity of the haves and the have-nots in New York City. Who has been running that city for all this time? Who has created the underclass in this country? It's the Democrat Party.
I'd say the main way people get into terrible financial trouble is just to spend too much money relative to their income, and that is an endemic problem in the United States of America, and that's the kind of thing that should be taught about in schools.