In this country, we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax.
Life happens fast. You have to have a Plan B, a backup plan and really figure out a way to have different avenues of income and just avenues of happiness. That is what is really important, being at peace and having that happiness.
President Obama’s version of America is a divided one – pitting us against each other based on our income level, gender, and social status. His policies have failed! We are not better off than we were 4 years ago, and no rhetoric, bumper sticker, or campaign ad can change that.
When you take a look at how the IRS treats foreign currency, bitcoin doesn’t have the same taxation regime. Foreign currency gains and losses generally are taxed as ordinary income.
You want to close the income inequality gap in part? Give us better educated kids out of high school. Give us kids that can challenge and succeed in the challenge with technology. You give us those kinds of kids, and watch the needle move.
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.
The benefits of a universal basic income overall are huge.
Working class people and lower income people we have to help more.
I was involved in the ‘reformicon’ effort in 2013-2014, which was explicitly, ‘We can’t just Xerox Reagan.’ In the spirit of Reagan, actually, we could rethink things – maybe we need to think more about job-training programs, earned income tax credit, adjust the tax code.
The argument of socialists, that people really want to share, beyond a reasonable level of charity, is rubbish, though it is espoused by a lot of rich, pious hypocrites who want to share only enough to avoid widespread starvation, mob violence, and government seizure of more of their incomes.
The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.
Women with education, skills, and independent sources of income are more able to withstand the pressures of the patriarchal family and more able to express their opinions and to move freely within their communities.
If all Christians and Jews tithed their income as the Bible commands, every poor person would be cared for, every naked person clothed, and every hungry person fed.
The primary value of a basic income would be its emancipatory effect.
Public schools are not simply being corporatized, they are also subjected increasingly to a militarizing logic that disciplines the bodies of young people, especially low income and poor minorities, and shapes their desires and identities in the service of military values and social relations.
As long as women are in the work force making their own money and decisions, men are going to have to realize that this way of life is here to stay – because it takes two incomes to make it and more now. The sooner you address your style of saving and spending with your mate the better off your relationship will be.
We did wanna change the name. We were actually putting names in a hat. It was the people making an income off Motley Crue that talked us out of it. The booking agent was getting them between a half a million and a million dollars a show as Motley Crue. Then there was the manager who got 10 to 15 percent off Motley Crue.
Trade reform has also been linked to increased income disparity as skilled workers have captured more benefits from globalization than their unskilled counterparts.
If Republicans are correct that lower rates spur economic growth, then lower rates on all income – made possible in part by raising capital-gains rates – should bolster economic growth across the economy.
Some people have proposed universal basic income, UBI, basically making sure that everybody gets a certain amount of money to live off of. I think that’s a wonderful idea. The problem is, we haven’t been able to guarantee universal healthcare in this country.
The triumph of economic liberalization has coincided with a sharp increase in income inequality.
The precariat faces chronic uncertainty about what to do, about what incomes to expect, about state benefits that might be their due, about their relationships, their homes, and about the occupations they can realistically expect.
Congress must take some thoughtful and targeted steps towards long-term solvency in the Social Security program. One such step is to eliminate the cap on income that is taxed for Social Security.
Poverty is multidimensional. It extends beyond money incomes to education, health care, political participation and advancement of one’s own culture and social organisation.
When I was growing up, we were in a high income bracket, one of the highest. I was one of the first in high school to get a car. And I didn’t have to wait for it to be a graduation present, either. We’ve probably got one of the nicest houses in Sacramento.
My problem lies in reconciling my gross habits with my net income.
But while the state pension is a critical foundation for people’s financial security as they age, it must be supplemented with other forms of retirement income.
