“There is no escaping the fact that when the taxation of large incomes is excessive, they tend to disappear.” FactsDisappearIncomeTaxationEscaping Author:Calvin Coolidge
“In fact, in Parliament, I pointed out that Australians on average incomes would move into the second highest tax bracket in the next couple of years. That is going to slow down the Australian economy. It's bad for households.” YearsFactsMovingNextEconomyCoupleTaxesHighestAverageIncomeHouseholdSlow DownParliamentAustralianBrackets Author:Joe Hockey
“A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.” FactsWealthCuttingMembersFunctionIncreaseIncomeUselessAcquireFundEfficiencyDistribution Book:Drift and Mastery: An Attempt to Diagnose the Current Unrest Source: Drift and Mastery: An Attempt to Diagnose the Current Unrest
“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.” MenWorldBookFactsAttentionKnownEffectsCommunicationOvercomingSizeObstaclesAccessIncomeRangeNeighborhoodTangible Book:Public Opinion Source: Public Opinion
“I am struck again by the fact that as soon as a working man gets an official post in the Trade Union or goes into Labour politics, he becomes middle-class whether he will or no. ie. by fighting against the bourgeoisie he becomes a bourgeois. The fact is that you cannot help living in the manner appropriate and developing the ideology appropriate to your income.” MenFactsHelpingFightingClassMiddleHe ManTradeUnionsIncomeIdeologyDevelopingPostsOfficialsAppropriateMiddle ClassLabourBourgeoisBourgeoisieWorking ManTrade Unions Author:George Orwell
“If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the century will be dependent on the charity of the younger generation. And ultimately not morals but the fact that the young supply the police and the army will decide the issue: concentration camps for the aged unable to maintain themselves are likely to be the fate of an old generation whose income is entirely dependent on coercing the young.” IfsRealEndsFactsYoungMoralIssuesFateGenerationsCenturyDegreesArmyPoliceCharityIncomeOutcomesDependentConcentrationCampsRetiringInflationYounger GenerationConcentration Camp Author:Friedrich August von Hayek
“I know that when I look at today’s Mexicans and Central Americans, they seem to me fundamentally the same as my grandparents seeking a better life in America. On the other side, however, open immigration can’t coexist with a strong social safety net; if you’re going to assure health care and a decent income to everyone, you can’t make that offer global. So Democrats have mixed feelings about immigration; in fact, it’s an agonizing issue.” IfsKnowsLooksFactsFeelingsSeemsCareTodayAmericaStrongSocialSidesIssuesOffersSafetyDemocratSeekingImmigrationIncomeHealth CareDecentGrandparentBetter LifeCoexistSafety NetAgonizingMixed Feelings Author:Paul Krugman