Quotes About Income

In the United States, the middle class is the group of working people who, according to a May 2016 Pew survey, with a yearly household income for a family of three ranging from $42,000 to $125,000 in 2014, make up 51 percent of U.S. households.

By 1929, 5 percent of the population received one-third of the nation's income. The structural weaknesses of this economy plunged the nation into the Great Depression.

One pillar to wealth is having residual income.

It is not just disposable income but whether people feel good about their immediate future that drives sales. It is this feel-good factor that drives the purchases more and more than mere economic wealth.

There is a legitimate concern about wealth distribution in the United States, but the answer is not to scapegoat any individual who makes over $200,000 per year and to try to sell the fraud that the government can equitably take the money of those who have earned it and give it to those who haven't.

While no amount of financial wealth can guarantee an experience of prosperity, it is possible to experience prosperity at almost any level of income, except when we are unable to meet our basic physical needs.

In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.

Unless you are completely retired, earning money is the best form of wealth preservation.

The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.

The main purpose of Social Security is to redistribute wealth, to make an increasingly large number of Americans dependent on government for their basic needs in their retirement years.

The very first step to building wealth is to spend less than you make.

To Republicans, I humbly suggest that we make it possible for Democrats to give up their quest for redistribution of income and wealth by our acceptance of an appropriate role for government in financing those public goods and services necessary to secure a social safety net below which no American would be allowed to fall.

The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information.

Bill Clinton is not a hypocrite. If a man believes that it is just and moral to redistribute wealth, there is nothing hypocritical in his attempts to redistribute some of that wealth to himself.

Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.

Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality.

I don't know the taxpayer has perhaps much of an understanding of just how much wealth has been and is being and can be created that flows through the economy and just how many jobs depend upon it.

Tax bills create wealth. They help people live better.

Our main task is not to see that people of great wealth add to it, but that those without much money have a greater chance to earn some.

I think that something is fundamentally wrong if a person of his great wealth is only paying 13.9 percent effective tax rate and most of Americans are paying 28, 30 percent and they make far less.

Yes, there are lots of individual exceptions. But no one has ever done a study about voting intention without ascertaining that the biggest determining factor is your income and your wealth.

During my 30 years on Wall Street, taxes on 'unearned income' have bounced up and down with regularity, and I've never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.

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.

Research suggests that large divisions of income and wealth weaken demand and generate economic imbalances that create instability and undermine growth.