Income Quotes - Page 25

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I don't think you have to earn your income as an artist to be an artist. But if you are an artist, then art is what you do, whether or not you're paid for doing it; it is what you do, not what you are. I regard artist not as a description of temperament but as a category of profession, of vocation.

When I became governor, spending actually increased 28 percent my first term. Revenue increased 42 percent my first term without raising anybody's taxes. We did it because we had more taxpayers with more taxable income. That's how you get the revenue up. We did that without raising anybody's taxes.

There are huge misconceptions about people on benefits. They are labelled scroungers or cheats. The reality is that many who need that level of support are working, but their income is not enough to get out of debt or pay for basics like food and household bills. It's so close to the way I grew up.

It's very difficult to change your approach to how you see yourself when you suddenly get divorced. And you have to think again, over the next few years, how you're going to earn your income, how you're going to run your life. You have to identify as a single mother rather than as part of a family.

I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.

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?

The bottom line for Canada is that Kyoto will precipitate a recession that will cause a permanent reduction in employment, income and the size of our economy. And if global warming is going to happen Kyoto will do nothing whatsoever to prevent it or even slow it down. Why are we still considering it?

A lot of people in the western world don't realize how much taxes limit their options. You can end up paying almost half your income in taxes, which basically means you're working for the government for 180 days a year. I think I can find better ways to use the money I make for the benefit of society.

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.

In 2009, the 'New York Times' ran an analysis on the cost of being a LGBT couple trying to live as a married couple but without the same protections. Over a lifetime, they estimated a couple would spend as much as $467,562 more, and as little as $41,196, with costs running lower the higher your income.

It's not an accident that the U.S. ranks lowest of all major donor countries in the world - that is the share of our income that goes to development aid. Americans will ask whether, because were so generous privately, that makes up the difference. But it doesn't. We still rank far below other countries.

This is the great crisis in football now. It's not just Rangers; it's a lot of clubs. Big clubs always create more debt despite the huge income they have. It's almost an achievement, isn't it? They make so much money, and yet, still, their debts rise and rise and rise. How does that happen? It's absurd.

I'm happy that I feel a little less out of place in filmmaking than I once was - but it's almost impossible for a playwright in the U.S. to make a living. You can have a play, like I did with 'Angels,' and it still generates income for me, but it's not enough for me to live on and have health insurance.

What would ultimately de-escalate the challenges of society would be for people to get educated, especially for more women to be educated because when more women are educated, they invest much more of their time and income in ensuring that the next generation would perform even more than they have done.

Sometimes our definitions fall short. Take, for example, the way we view income and labor. It simply doesn't cover enough of the work that women, and in particular poor women, are doing - especially in their own households and the vast 'informal' economy in which most of the world's poorest people work.

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.

The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits.

As a kid in the eighties, I didn't need much disposable income. I went to Catholic school - white shirt, plaid skirt - so fashion choices were limited. But youth finds a way. For me and my schoolmates, neon argyle socks were a crucial barometer of coolness. Hair ribbons, too, and they didn't come cheap.

HBOS had robbed me of my marriage, my family, my businesses, my longstanding friend and business partner, my income, my investments, my self-respect, my reputation, my privacy, my physical and mental health. It cost me my security, my image rights, my collection of classic cars - and very nearly my life.

When America installs a minimum income, it's going to be doing it in a very different historical context than Switzerland or Sweden or Germany, or any other country might do it. And we're doing it in a context where it has the potential, I think, for much better consequences than in those other countries.

There's 6 million people living in poverty today, more than when Barack Obama got elected. 6.5 million people are working part-time, most of whom want to work full-time. We've created rules and taxes on top of every aspiration of people, and the net result is we're not growing fast, income is not growing.

Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are carrying.

How much money you get, depends on lots of extraneous things. It depends on how good you are at turning poetry into a marketable product, which is something it was never supposed to be. That's why many people suppose that the better the poet you are the lower your income should be, and that's probably true.

There are many people who think we should have zero tax on capital gains, interest and dividends for everybody, as - the very, very wealthy. But recognize that means that Bill Gates and Warren Buffett would pay no income tax at all. And some people say, 'Well, that's a good thing for growth of the economy.'

Especially for the young and the lowest-skilled, minimum wage becomes a toll that prevents many from entering the work force and gaining the skills that can make a low income or middle class worker a high income worker. This is so obvious that one wonders why liberals keep championing the minimum wage cause.

I don't want our white working class sisters and brothers to feel as though their pain is not important because it is. But at the same time, I want my white sisters and brothers to understand that when we talk about income and wealth inequality, that disproportionately African Americans suffer a little more.

My audience loves seeing me pump large amounts of money into action and sets. And it works. I'm not saying that films made within a budget are wrong. But when audiences come to see my film with their families, I guess they are spending at least 10 per cent of their monthly income. I don't want to cheat them.

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.

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.

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.

As more and more Americans own shares of stock, more and more Americans understand that taxing businesses is taxing them. Regulating businesses is taxing them. They ought to be thinking long-term about their ownership, not just their income, and that they should pay taxes on capital, as well as taxes on labor.

More than half of all people filing income tax forms use someone else to prepare the forms for them. Then they have to sign under penalty of perjury that these forms are correct. But if they were competent to determine that, why would they have to pay someone else to do their taxes for them in the first place?

An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.

All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It's all a matter of proper budgeting.

I agree that income disparity is the great issue of our time. It is even broader and more difficult than the civil rights issues of the 1960s. The '99 percent' is not just a slogan. The disparity in income has left the middle class with lowered, not rising, income, and the poor unable to reach the middle class.

Indeed the three policy pillars of the neoliberal age-privatization of the public sphere, deregulation of the corporate sector, and the lowering of income and corporate taxes, paid for with cuts to public spending-are each incompatible with many of the actions we must take to bring our emissions to safe levels.

When women earn the money for the family, everyone in the family benefits. We also know that when women have an income, everyone wins because women dedicate 90% of the income to health, education, to food security, to the children, to the family, or to the community, so when women have an income, everybody wins.

Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.

Throughout my career I have developed a thick skin against verbal abuse, justifying it as just 'part of the game' but the time has come for Twitter, Instagram and Facebook to consider regulating their channels, taking responsibility for protecting the mental health of users regardless of age, race, sex or income.

I didn't expect to have music as my main thing. I always thought I was going to be a lawyer. When I graduated, I was doing really well with my music in Malaysia. I had stable income, and I had really good momentum in the music industry, so I had to make a decision whether to stop that and continue being a lawyer.

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.

Tax reform for the 21st century means rewarding hardworking families by closing unfair loopholes, lowering tax rates across the board, and simplifying the tax code dramatically. It demands reducing the tax burden on American businesses of all sizes so they can keep more of their income to invest in our communities.

Texas has no income tax, which is a big draw for corporate executives who do business there. But it's hardly tax-free. The property taxes are high for a Southern state. The sales taxes are high. One study found that the bottom 20 percent of the Texas population pays 12 percent of its income in state and local taxes.

Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. If you look at the economic metrics over the last decade for both groups, the zero-income-tax-rate states outperform the highest-income-tax-rate states by a fairly sizable amount.

Life is now a war zone, and as such, the number of people considered disposable has grown exponentially, and this includes low income whites, poor minorities, immigrants, the unemployed, the homeless, and a range of people who are viewed as a liability to capital and its endless predatory quest for power and profits.

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.

Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.

All taxes, except a 'lump-sum tax,' introduce distortions in the economy. But no government can impose a lump-sum tax - the same amount for everyone regardless of their income or expenditures - because it would fall heaviest on those with less income, and it would grind the poor, who might be unable to pay it at all.

If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.

Someone must transform income into the food, shelter, clothing, nurture, discipline, education, minding, nursing, transportation, and emotional support that creates life outside of the office, permits survival of the race, cares for the ill and disabled, and makes life livable when we can no longer care for ourselves.

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