Piketty Income Quotes

#1. taxes consumed less than 10 percent of national income in all four countries during the nineteenth century and up to World War I. This reflects the fact that the state at that time had very little involvement in economic and social life.

Thomas Piketty

#2. And in the most inegalitarian countries, such as the United States in the early 2010s (where, as will emerge later, income from labor is about as unequally distributed as has ever been observed anywhere), the top decile gets 35 percent of the total, whereas the bottom half gets only 25 percent.

Thomas Piketty

#3. 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.

Thomas Piketty

#4. No - Kajol can never go anywhere. Kajol is absolutely hearts and minds and memories and silloys for ever and ever. I think if I was to, I wouldn't be exaggerating I if say in our times of film-making she's a beautiful living legend.

Shahrukh Khan

#5. More traffic means more advertising dollars.

Jeff Zucker

#6. In the first place, just as income tax returns allow us to study changes in income inequality, estate tax returns enable us to study changes in the inequality of wealth.

Thomas Piketty

#7. Income from labor [in the United States] is about as unequally distributed as has ever been observed anywhere.

Thomas Piketty

#8. In the distance, a Benz motor sounds. A neon light wraps itself around the driver and the winter that beats in his heart. His heart stays cold. stays melting.

Gwen Calvo

#9. the income of nonwage workers is "mixed," because it combines income from labor with income from capital. This is also referred to as "entrepreneurial income.

Thomas Piketty

#10. All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent.

Thomas Piketty

#11. In countries where income from labor is most equally distributed, such as the Scandinavian countries between 1970 and 1990, the top 10 percent of earners receive about 20 percent of total wages and the bottom 50 percent about 35 percent.

Thomas Piketty

#12. Among the members of these upper income groups are US academic economists, many of whom believe that the economy of the United States is working fairly well and, in particular, that it rewards talent and merit accurately and precisely. This is a very comprehensible human reaction.

Thomas Piketty

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

Thomas Piketty

#14. What if I lose what little control I have left? I may live in a prison now, but at least I know my way around it.

Nicole Deese

#15. Income inequality increased quite sharply in the United States during the 1920s, however, peaking on the eve of the 1929 crash with more than 50 percent of national income going to the top decile -

Thomas Piketty

#16. You're talking to me and I'm not scary." Said Kira.
"Yes you are!" said Afa.

Dan Wells

#17. (which did not exist before the creation of the income tax in 1913)

Thomas Piketty

#18. no mathematical formula or econometric estimate can tell us exactly what tax rate ought to be applied to what level of income. Only collective deliberation and democratic experimentation can do that.

Thomas Piketty

#19. There's something that's so basically corrupt about any system in which a good and fair profit is not enough. There has to be more, every year, every quarter, because your stock price has to rise.

Paul Haggis

#20. a very substantial and growing inequality of capital income since 1980 accounts for about one-third of the increase in income inequality in the United States - a far from negligible amount.

Thomas Piketty