Quotes About Income

Quinto, los programas de Gobierno para conseguir una prosperidad compartida deberían enfocarse a la vez en la distribución de los ingresos de mercado —lo que a veces se denomina predistribución— y la redistribución, los ingresos de que disfrutan los individuos tras los impuestos y pagos.

Quinto, los programas de Gobierno para conseguir una prosperidad compartida deberían enfocarse a la vez en la distribución de los ingresos de mercado

Lograr una sociedad más justa requiere de igualdad de oportunidades, pero a la vez esta requiere de mayor igualdad de ingresos y riqueza.

Economists have a name for these activities: they call them rent seeking, getting income not as a reward to creating wealth but by grabbing a larger share of the wealth that would otherwise have been produced without their effort. (We'll give a fuller definition of the concept of rent seeking

This is an idea called trickle-down economics. It has a long pedigree—and has long been discredited. As we've seen, higher inequality has not led to more growth, and most Americans have actually seen their incomes sink or stagnate. What America has been experiencing in recent years is the opposite of trickle-down economics: the riches accruing to the top have come at the expense of those down below.21

We had been taught that, once a country reaches a certain stage of development, inequality shrinks—and America had exemplified that theory.9 In the years after World War II, every part of our society had prospered, but the incomes of those at the bottom grew faster than those at the top.

Low growth, stagnating incomes, and growing inequality are, of course, deeply interrelated, and they all are, at least in part, the result of policies begun under President Reagan some four decades ago, policies based on deep and pervasive misunderstandings about what makes for a strong economy.

Some thirty years ago, the top 1 percent of income earners received only 12 percent of the nation's income.13

over the last three decades those with low wages (in the bottom 90 percent) have seen a growth of only around 15 percent in their wages, while those in the top 1 percent have seen an increase of almost 150 percent and the top 0.1 percent of more than 300 percent.27 Meanwhile

Those at the top have managed to design a tax system in which they pay less than their fair share—they pay a lower fraction of their income than do those who are much poorer.

Oxfam found that the top 1 percent of the world now owned nearly half the world's wealth— and are on track to own as much of the rest of the 99 percent combined by 2016.

If globalization left many behind, if Reagan's reforms led to more people in poverty and income stagnation for large fractions of the population, the trick was to stop gathering data about poverty and stop talking about inequality.

Minimum wages have not kept up with inflation (so that the real federal minimum wage in the United States in 2011 is 15 percent lower than it was almost a third of a century ago, in 1980);

In America the share of national income going to the top .01% (some 16,000 families) has risen from just over 1% in 1980 to almost 5% now—an even bigger slice than the top .01% got in the Gilded Age."9

His specialty was alfalfa, and he made a good thing out of not growing any. The government paid him well for every bushel of alfalfa he did not grow. The more alfalfa he did not grow, the more money the government gave him, and he spent every penny he didn't earn on new land to increase the amount of alfalfa he did not produce.

I worked at a hot dog place, a bagel place, the Jersey Store and the hottest fashion joint around. I was getting too famous to work there anymore. I was almost showing up as a joke. I made $2 000 on my show the previous night and I'm going to go shopping during my five-hour shift.

The size of a man's income has considerable effect on his access to the world beyond his neighborhood. With money he can overcome almost every tangible obstacle of communication, he can travel, buy books and periodicals, and bring within the range of his attention almost any known fact of the world.

Without husbands, women have to focus on earning more. They work longer hours, they're willing to relocate and they're more likely to choose higher-paying fields like technology.

The popular contemporary wisdom that a liberal arts education is outmoded is true only to the extent that social equality, liberty, and worldly development of mind and character are outmoded and have been displaced by another set of metrics: income streams, profitability, technological innovation.

The objective of policy should be to reduce human suffering. We aim for a lower U-index in society. Dealing with depression and extreme poverty should be a priority." "The easiest way to increase happiness is to control your use of time. Can you find more time to do the things you enjoy doing?" "Beyond the satiation level of income, you can buy more pleasurable experiences, but you will lose some of your ability to enjoy the less expensive ones.

plausible interpretation is that higher income is associated with a reduced ability to enjoy the small pleasures of life. There is suggestive evidence in favor of this idea: priming students with the idea of wealth reduces the pleasure their face expresses as they eat a bar of chocolate!

According to many psychologists, the happier people get, the better are their friendships, marriages, work performance, health, and income. In short, no pain, more gain.

Beyond the satiation level of income, you can buy more pleasurable experiences, but you will lose some of your ability to enjoy the less expensive ones.

I wasn't the easiest guy to live with. I had multiple personalities, but what bothered her was that none of them made any money.