Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.
I still get invitations from all over Europe to speak at dinners, and it’s an honour that promoters and charities can use me to create income.
Madam Walker was a master marketer. But her brilliance was in taking it to another level by training women, by traveling, by making very motivational speeches and by providing independent income for women who otherwise would have to be maids and sharecroppers.
Land is an emotional subject with a farmer in India because it is his only means of income.
Since it’s no longer my singular source of income, I’ve withdrawn from fashion spaces a bit. However, I still have a deep love for fashion and want to continue to work with designers and houses that inspire me – like Rick Owens, whose show I would no doubt walk in again if the opportunity arose.
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.
I make an eight-figure income annually.
Health is the one thing we all have in common regardless of race, creed, or income. Everyone should participate in creating the solutions.
On things like the minimum wage, where cities as well as states are increasingly looking at income disparity, mayors will have, I think, a very strong voice.
What we’re seeing is that even in high poverty neighborhoods, the average cost of renting is quickly approaching the total income of welfare recipients and low wage workers.
I am such a strong admirer and supporter of George W. Bush that if he suggested eliminating the income tax or doubling it, I would vote yes on first blush.
The left is being funded primarily by the drug traffickers who provide this tax money and that’s why the guerrillas in Colombia, unlike the guerrillas anywhere else in Latin America, have been able to survive for 40 years because they have a hard, solid source of income.
Everything in our lives revolves around our jobs, as much as we hate to say it. Where we live at, where our kids go to school, what we eat, what lifestyle we live, depends on the income we bring in and being able to provide for your family, and that’s your employment.
Low income persons in need of social housing should be housed in more prosperous areas to avoid placing an extra burden on the poorer areas and to redress the balance in terms of housing, redressing the balance in terms of schooling.
As the wealthiest nation on Earth, we have made a commitment to provide health care for those over 65. In order to pay for this, each of us should contribute the same, flat percentage of our earned income.
Captain Kirk has been a source of pleasure and income for a long time.
It became clear I wanted to be a development economist. I mean, I said I wanted to work on the economics of poor countries. And I’d actually say that I don’t think that was so much about narrowing the gap as about increasing their incomes, which means economic growth, which is really my prime interest.
It’s nice to be in a situation where the two books that I write for a sort of regular monthly income are also works that I enjoy immensely, rather than them being some kind of bread and butter, do it because you have to do it.
For all the obsession in Washington and in college faculty lounges over income inequality, why isn’t there more outrage over government policies that exacerbate the problem? There are hundreds of programs that make the poor poorer and increase poverty in America.
I tried for modelling work but it was a bit slow and that’s when I took a part-time job at McDonalds. It gave me income while I was waiting for my big break and at the very least I could eat.
In income tax, there is no case for amnesty.
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.
There is, happily, a non-redistributive approach to address income inequality – one that doesn’t rely upon government. It’s to grow the pie. That is, create more decent jobs that pay more.
The real solution is to improve the incomes of the poor and provide their children with decent education.
There are skeptics who do not come to their view because they have a source of income from carbon polluters.
Income should be taxed one time at one rate, not again and again.
In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.
The biggest and most deadly ‘tax’ rate on the poor comes from a loss of various welfare state benefits – food stamps, housing subsidies and the like – if their income goes up.
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.
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.
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.
Pay off your mortgage before retirement, and that’s one less bill you’ll have to worry about when you’re on a fixed income.
By 1979, Chinese people were poorer, on average, than North Koreans. I mean, your average per-capita income in China that year was one third of sub-Saharan Africa’s.
The problem with the cable networks is the lack of money, not from personal income but as far as show budget.
I studied music at school and played the recorder. Later in life music was a great way of supplementing my income because I was paid really badly as a young chef. Luckily an old friend – we did music at school together – and I formed a duo, The Calypso Beat, which later became the Calypso Twins.
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.
These days an income is something you can’t live without – or within.
My highest priority is to make sure we get Americans back to work. And that we have rising incomes again and that we have a deficit reduction program in place that convinces the world that we’re on track to having a balanced budget.
In the richest country in the history of the world, this Obama economy has crushed the middle class. Family income has fallen by $4,000, but health insurance premiums are higher, food prices are higher, utility bills are higher, and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.
During Governor Jennifer Granholm’s administration, Michigan has experienced job losses, declining personal incomes, diminishing home values, and the highest unemployment rate in the nation.
The average household income has really stagnated since 1971.
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.
The benefits of growth have not trickled down. Income inequalities have become one of the biggest global challenges, attracting growing attention not only in academic literature but also among policymakers globally.
Some liberals think that describing any role that education gaps play in creating income inequality is some sort of sellout – that, in essence, you’re telling the middle class, ‘Tough luck; you should have stayed in college.’
When the word ‘morality’ comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world’s resources or for investment bankers to earn large bonuses?
Once again, the Republicans in the Senate have rejected an increase in the minimum wage. They support tax breaks for multi-millionaires, but they oppose helping the working poor to earn a decent income.
A huge segment of the country has always felt overtaxed. In 1938, when taxes were roughly 17% of income, a ‘Fortune’ survey found that nearly half of all Americans thought they paid too much relative to what they got in return.
Carried interest… you’re making money on somebody else’s capital. It’s not on your own. If that’s not income, I don’t know what is.
I was pregnant when I left school, so I needed income support. I didn’t even have functional skills, not even GSCEs in English and Maths, so I needed to go back to college.
