Quotes About Income

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.

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and '20s.

In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.

You can't define what's middle class, what is wealthy, what is poor.

If the wealthy get wealthier, no one has to become one penny poorer.

When states and cities and our country say we're going to tax the rich - and that word 'rich' or 'wealthy' doesn't sound like it comes from success of hard work, but from something negative - I resent it.

I am part of the 1 percent of the 1 percent. By that, I mean that I am fortunate to be a wealthy American, and I say, 'It's okay to raise my taxes.'

Contrary to the myth that Mr. Bush cut taxes only for the wealthy, the 2001 tax cut reduced taxes for every income-tax payer in the country.

Even tax breaks that are supposed to help the middle class too often skew toward the wealthy. Consider the mortgage interest deduction. While political leaders in both parties have long considered it untouchable, it actually helps those at the top of the income scale far more than those at the bottom.

Helping the poor doesn't mean redistributing the wealth. It means removing the breaks that give the wealthy an advantage so huge that big chunks of the nation's income are automatically removed from individual economic competition.

I think I'm wealthy. I make a good living for what I do. Well, it depends. If I'm doing an independent film I'm making no money - probably losing money. But if I'm doing a studio film, I'll make a decent wage. I can live for a year without working.

You will notice that the Occupy Wall Street crowds - and the progressives who support them - focus on bringing the wealthy down to earth rather than lifting the 99 percent. They have a nearly religious belief that too much wealth is fundamentally immoral and unhealthy for society.

Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.

Poverty is a national issue and needs a federal response. After all, U.S. federal government policies helped produce massive income inequality by lopsided breaks for the super wealthy.

The truth is, Hillary Clinton's ideas create more income inequality. Why? Because bigger government creates crony capitalism. When you have a 70,000 page tax code, you've got to be very wealthy, very powerful, very well connected to dig your way through that tax code.

Whether you are a low-income elderly woman living at the end of a dirt road in Vermont or a wealthy CEO living on Park Avenue, you get your mail six days a week. And you pay for this service at a cost far less than anywhere else in the industrialized world.

The wealthy are doing just fine in the Obama economy.

It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.

The argument that any income redistribution is tantamount to socialism, and that socialism has always been unAmerican, has helped legitimise keeping taxes on America's very wealthy very low.

There are a few things that we can do. One of them is that we can increase the taxes that people are paying who are the extremely wealthy in our communities. So, 70 percent, 80 percent, we've had it as high as 90 percent.

My grandma told me that to be wealthy you need at least seven streams of income, so that's my goal. I have a big family. I want to take care of everybody.

You know, its interesting to me that so much of the population is living under the poverty line, but when you look at television, you would think that everybody is upper-middle class or wealthy.

I don't come from a wealthy family, so for me to have to struggle as long as I have in New York and Los Angeles and finally know that I have an income coming in for the next 10 episodes was a major, major life-altering moment.

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.