“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
“By the standards of honest, if unorthodox, accounting, government workers don't pay taxes, but are paid out of taxes. In other words, they pay taxes out of money confiscated from taxpayers, who, in turn, pay taxes twice: on their own income and on the income of members of the bureaucracy. At the very least, this should disqualify state workers from voting.” IfsShouldStatesGovernmentTurnsPayHonestTaxesMembersStandardsPaidWorkersIncomeVotingBureaucracyTaxpayersAccountingUnorthodoxGovernment Workers Author:Ilana Mercer
“... Member Countries shall take necessary action and/or shall establish negotiations, individually or in groups, with the oil companies with a view to adopting ways and means to offset any adverse effects on the per barrel real income of Member Countries resulting from the international monetary developments as of 15th August 1971.” WayMeanRealCountryActionViewsCompanyGroupsEffectsDevelopmentMembersInvestingInternationalOilIncomeNegotiationAugustMonetaryBarrelsAdverseAdoptingOil CompaniesAdverse Effects Author:Richard M. Nixon
“Some members of Congress now are complaining they are underpaid. They want to propose a pay raise. You can't blame them. A lot of them took a big income hit when Enron folded.” WantBigsPayMembersRaisesBlameCongressComplainingIncomeProposeEnronUnderpaid Author:Jay Leno
“I've said repeatedly publicly, and other members have, that until you adjust the eligibility for entitlements, do things like raising the age for Medicare for future beneficiaries. Not for those currently receiving or those about to receive. Have serious means testing for high income people. You know Warren Buffett's always complaining about not paying enough taxes. And what I'm complaining about is we're paying for his Medicare. We ought not to be providing these kinds of benefits for millionaires and billionaires.” PeopleKnowsKindMeanSaidEnoughAgeSeriousOughtTaxesMembersBenefitsComplainingIncomeReceivingProvidingTestingMillionaireEntitlementBillionaireMedicareBeneficiariesBuffettWarren BuffetAlways ComplainingEligibility Author:Mitch McConnell
“Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.” KnowsMenLeftAbilityPayClassRichShareMiddleTaxesMembersGainsFairsRateProfitContraryIncomeMiddle ClassRhetoricHandfulSalaryMillionaireStrawsDividendsFair ShareMegaCapital Gains Author:Peter Schiff
“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.” PeopleYearsLooksGovernmentThreeChallengesWealthMillionsMembersDollarsAverageBillionsIncomeFederal GovernmentPercentagesMillion DollarsStaggeringForbesReceptionists Author:Warren Buffett
“The bottom half of humanity is living in severe poverty; not all of them are malnourished or severely deprived now, but they are extremely vulnerable to even small upsets in their income or in the prices they face of basic necessities, and when something like this happens, they can be thrown off kilter in terms of a disease of a family member or a change in food prices; anything like that can throw them into destitution.” HappensFacesHumanityTermHalfPovertyMembersDiseaseBottomIncomeVulnerableUpsetThrownSevereDeprivedFamily Members Author:Thomas Pogge
“As a member of the Mormon church, Romney is instructed to tithe 10 percent of his income. That's in keeping with most charitable giving: Religious institutions get about one-third of all contributions, according to 'The American' magazine.” GivingChurchReligiousMembersPercentThirdsInstitutionsIncomeMagazinesContributionRomneyCharitableTitheCharitable Giving Author:John Podhoretz
“If you're like most members of the Baby Boom generation, you decided somewhere along the line, probably after about four margaritas, to have children. This was inevitable. Mother Nature, in her infinite wisdom, has instilled within each of us a powerful biological instinct to reproduce; this is her way of assuring that the human race, come what may, will never have any disposable income.” IfsWayHumansMayChildrenMotherParentLinesPowerfulRaceFourGenerationsBabyMembersDecidedInfiniteInstinctParentingIncomeInevitableHuman RaceMother NatureDisposableMargaritaBaby Boom Book:The World According to Dave Barry Source: The World According to Dave Barry