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Income Quotes

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...100% of what is collected is absorbed solely by interest on the Federal Debt...all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government.  (Income Quotes) Ford’s federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.  (Income Quotes) We have undocumented immigrants in America who are paying more federal income tax than a billionaire. I find that just astonishing.  (Income Quotes) Instead of talking about cuts in Social Security, Medicare and Medicaid, we must end the absurdity of corporations not paying a nickel in federal income taxes.  (Income Quotes) The answers to feeding hungry children is not fewer dollars to feed hungry children, it’s to do more. It is to raise the minimum wage. It is to increase, not dismantle, the earned income tax credit. It is to make college more affordable for more middle class families, not more expensive. These are the things that grow our middle class.  (Income Quotes) I tend to split my activities into fun, income and legacy. The number of things in that finance bucket is pretty few and far between and doesn’t consume much time at all.  (Income Quotes) Yes, there is a burden of financial insecurity. I don’t think you find it in mood. Income is correlated with life satisfaction, so maybe you do find it in life satisfaction. You don’t find it in mood, and I think it is very important.  (Income Quotes) The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income.  (Income Quotes) 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?  (Income Quotes) 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.  (Income Quotes) Right now, too many women who reach retirement age find themselves widowed or single, relying on their Social Security check for over half of their income.  (Income Quotes) The first time I had disposable income, the two things I cared most about were a television and a couch.  (Income Quotes) I’m just trying to get used to living on a fixed income. Now, it’s going to get unfixed.  (Income Quotes) The average mutual fund holding period for equity or fixed income is only about three years. It’s too short.  (Income Quotes) 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.  (Income Quotes) My concern as a citizen and as a money manager is, Oh my God, at what point does a ‘whoa’ moment happen to these people who own $30 trillion fixed income instruments?  (Income Quotes) Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities.  (Income Quotes) I support both a Fair Tax and a Flat Tax plan that would dramatically streamline the tax system. A Fair Tax would replace all federal taxes on personal and corporate income with a single national tax on retail sales, while a Flat Tax would apply the same tax rate to all income with few if any deductions or exemptions.  (Income Quotes) A giant python was discovered in Florida. Spooky news for a state that derives half it’s income from a giant mouse.  (Income Quotes) 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.  (Income Quotes) When you’re on a football scholarship, you get a stipend that’s supposed to cover your rent and a few incidentals. It was $360 a month. This was the late 1980s, and the NCAA has an interesting rule where you’re not allowed to supplement your income with a part-time job.  (Income Quotes) The gap between rich and poor is widening dramatically. There’s a hangar at the Cairo airport for private jets, billionaires are on the Forbes list, and Egypt’s annual per-capita income is two thousand dollars. How can you sustain that?  (Income Quotes) We happily give up our freedom and our income in exchange for having someone else take responsibility for telling us what to do next.  (Income Quotes) The power to gossip is more democratically distributed than power, property, and income, and, certainly, than the freedom to speak openly.  (Income Quotes) I think if you look back through time, the history of income, wealth and taxation is full of surprise. So I am not terribly impressed by those who know in advance what will or will not happen.  (Income Quotes) So many people commute in this country by car long enough distances to really cut into their income, their real income, that they would change their vote based on gas prices.  (Income Quotes) High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.  (Income Quotes) There is a huge number of people outside our borders who would love to come here. In fact, many of them come here, get well educated, and then are required to leave... This is a factor in income inequality.  (Income Quotes) Bitcoin is getting there but it’s not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations.  (Income Quotes) Give according to your income lest God make your income according to your giving  (Income Quotes)
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