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Politics Quotes

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Politics Quotes

“There wasn't any Republicans in Washington's day. No Republicans, no Boll Weevil, no income tax, no cover charge, no disarmament conference, no luncheon clubs, no stop lights, no static, no head winds. My Lord, living in those days, who wouldn't be great?”

Light Politics Lord Wind Republican Taxes Clubs Income Conferences Static Income Tax Disarmament

Author:Will Rogers

“A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people.”

People Country Wisdom Politics Company Economy Five Share Figures Percent Scales Income Liberalism Capitalist Equity Ninety Discouraging

Author:William F. Buckley, Jr.

“There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.”

Wisdom Politics Belief Economy Rich Effects Taxes Cat Income Fats Ease Corporations Liberalism Fund Load Income Tax Pension Beneficiaries Brackets

Author:Peter Drucker

“The party should stand for a constantly wider diffusion of property. That is the greatest social and economic security that can come to free men. It makes free men. We want a nation of proprietors, not a state of collectivists. That is attained by creating a national wealth and income, not by destroying it. The income and estate taxes create an orderly movement to diffuse swollen fortunes more effectively than all the quacks.”

Source: Addresses Upon the American Road

“If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his goal - an affluent level of income - solely by means of his labor.”

Ifs Mean Wisdom Politics Individual Goal Wealth Levels Economy Produce Labor Bases Income Liberalism Productive Input Affluent

Book:Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“If we functionally define a capitalist household as one that receives at least half of the annual income it spends on consumption in the form of return on invested capital, less than 1 percent of United States households are capitalists.”

Ifs States Wisdom Form Politics United Half United States Economy Return Percent Income Liberalism Capitalist Household Consumption Annuals

Author:Louis O. Kelso

“Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.”

Wells Wisdom Form Politics Economy Labor Responsible Property Various Income Liberalism Owners Wages Private Property Bankruptcy Electronics Purchasing Purchasing Power Bookkeeping

Author:Louis O. Kelso

“Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.”

Two Problem Wisdom Politics Results Economy Clear Economic Economics Labor Income Factors Liberalism Productive Thinker Distribution Economic Problems

Author:Louis O. Kelso

“For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.”

Believe Wisdom Politics I Believe Social Wealth My Own Economy Significant Income Psychological Inequality Liberalism Justification

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.”

Firsts May Two Wisdom Might Three Courses Politics Social Class Economy Middle Century Source Labor Twenties Income Liberalism Minorities Middle Class Affluent

Author:Michael Lind

“A heavy progressive or graduated income tax.”

Wisdom Politics Economy Taxes Heavy Income Liberalism Progressive Income Tax Communist Manifesto Command Economy

Book:The Communist Manifesto in Plain and Simple English

Source: The Communist Manifesto in Plain and Simple English

“Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.”

Wisdom Politics Economy Modern Economics Accepted Income Analysis Liberalism Distribution Fads Cranky

Author:Paul Samuelson

“We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.”