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The time has come to match outgo to income, instead of always doing it the other way around.
It is wonderful to think how men of very large estates not only spend their yearly income, but are often actually in want of money. It is clear, they have not value for what they spend.
You have phantom income each year. No money is being put in your pocket, but you have to take some money out of your pocket to pay Uncle Sam because the tax is paid based on accretion.
When fresh sorrows have caused us to take some steps in the right way, we may not complain. We have invested in a life annuity, but the income remains.
Take it from me: no matter how few or how many children you have, or how little or how much money you make, your expenses are going to exceed your income by approximately a hundred dollars a month.
We live in a world where economic positions - income and wealth - are very unevenly distributed, and this leads to the widespread persistence of poverty.
The collective income of all these people - the bottom half - is less than three percent of global household income, and so there is a grotesque maldistribution of income and wealth.
If you no longer have any income, you will not be neglected-you will not starve to death. . . . We panic at first, but God does not always allow the evil that is feared to happen.
In general, anyone who paid the long distance telephone tax will get the refund on their 2006 federal income tax return. This includes individuals, businesses and non-profit organizations.
Indeed, I thought, slipping the silver into my purse, it is remarkable, remembering the bitterness of those days, what a change of temper a fixed income will bring about.
I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.
If you wanna maintain 20 percent of the world's income with 4 percent of the world's people, you gotta first of all have more shared prosperity and shared growth.
Nearly all educational expenditure should be considered a capital outlay. Education provides a future return in the form of enhanced taxable income and an enhanced quality of life.
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.
Our focus should be on making the most of our own lives, regardless of whether we start at the bottom or the top- not on envying the advantages and achievements of others.
In the future, each of us must have the courage to follow our gift or to be engaged in a favorite occupation, even if it does not bring you any income at the moment
It is only if the primary or only reason you do what you do is to make money that you will envy every random person who made or makes a lot of money (or money that exceeds what you made or make).