Quotes About National Income

#1. No nation in history has ever survived a tax burden that reached a third of its national income.

Ronald Reagan

#2. The New Deal was going to redistribute the national income according to ideals of social and economic justice.

Garet Garrett

#3. One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average American set fire to a five-dollar bill, it would be an even smaller percentage of his annual income. But everyone would consider him foolish for doing it.

Thomas Sowell

#4. Economic experts tell us that the women of America spend 80 per cent of the national income, and the largest part of this expenditure is made for the necessities and the small luxuries of life.

Judith C. Waller

#5. If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.

Michael Hudson

#6. Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

Milton Friedman

#7. Measurements of national income are subject to this type of illusion

Sidin Vadukut

#8. The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble.

Henry Hazlitt

#9. The average well-being of our societies is not dependent any longer on national income and economic growth ... But the differences between us and where we are in relation to each other now matter very much.

Richard G. Wilkinson

#10. 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

#11. In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.

Ben Bernanke

#12. Companies like Google and Facebook may offer jobs allowing or requiring imagination and creativity, but the whole of Silicon Valley accounts for only 3 percent of national income and a smaller percentage of national employment.

Edmund Phelps

#13. 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

#14. I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40 percent of our national income.

Milton Friedman

#15. Socialists will often talk as if some form of superbly equalized destitution were preferable to "maldistributed" plenty. A national income that is rapidly growing in absolute terms for practically everyone will be deplored because it is making the rich richer.

Henry Hazlitt

#16. The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.

Ludwig Von Mises

#17. The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.

Simon Kuznets

#18. The mass hallucination of the twentieth century is this: that all these national governments, which each year kill or threaten way more humans than they protect, and take a big chunk of your income to do so, are for some reason a great idea, an inevitable force of fucking nature.

Tyler Mcmahon

#19. MOLLY: You don't like New Years Eve? Are you insane? It's literally the best holiday ever. You just party all night and it doesn't matter what stupid stuff you do because the year's over and you get a brand new start in the morning.

Hillary DePiano

#20. Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society.

Rowan Williams

#21. Every time a woman leaves the workforce because she can't find or afford childcare, or she can't work out a flexible arrangement with her boss, or she has no paid maternity leave, her family's income falls down a notch. Simultaneously, national productivity numbers decline.

Madeleine M. Kunin

#22. Unrequited affection is very painful for the lover, but it can have unexpected, creative consequences.

Damon Galgut

#23. I do not wish, it happens, to be associated with Massachusetts, either in holding slaves or in conquering Mexico. I am a little better than herself in these respects.

Henry David Thoreau

#24. A consumption tax, a national sales tax makes some sense. But I think that if we move towards a Fair Tax, if we move towards a national sales tax, we have to make sure that we do away with the income tax.

Ken Buck

#25. He had a penis one inch in diameter and seven and a half inches long. During the past year, he had averaged twenty-two orgasms per month. This was far above the national average. His income and the value of his life insurance policies at maturity were also far above average.

Kurt Vonnegut

#26. What you see and hear is a situation in which languages are less like apples - neat and discrete - and more like oatmeal. It's always been oatmeal in India, and all the varieties of oatmeal continue to merge, despite political pressures to name them as if they were marbles.

Michael Erard

#27. Has anybody here ever been driving along in their car, smoking a cigarette, and you flick it out the window, and you drive for a few miles, and you start to smell smoke, and you turn around, and you look in the backseat, and grandma is playing with herself?

Doug Benson

#28. Stick it up your crack, you warped son of a mutant b*tch!

Darren Shan

#29. If you are born into a family below the national median income, we provide you with an additional $500, and for every contribution made to a child's account below the national median income, we match it dollar for dollar - the federal government will.

Harold Ford Jr.

#30. Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.

Dale T. Mortensen

#31. The boy was beginning to understand that intuition is really a sudden immersion of the soul into the universal current of life, where the histories of all people are connected, and we are able to know everything, because it's all written there.

Paulo Coelho

#32. Sometimes it takes time to get into what ideas actually mean to you. Even when you're not writing a song, it's like that.

Boots Riley

#33. According to the World Health Organization, an average of Rs. 6500 per person was lost in India due to lack of cleanliness and hygiene. Swachh Bharat would make a significant impact on public health and in safeguarding income of the poor, ultimately contributing to the national economy.

Narendra Modi

#34. The habit of reading is the only enjoyment in which there is no alloy; it lasts when all other pleasures fade.

Anthony Trollope

#35. The [Donald] Trump plan would increase the national debt a little over a $1 trillion a year, the Trump plan would reduce taxes at all income levels with, of course, the biggest tax cuts going to the richest taxpayers as they always do.

Lawrence O'Donnell

#36. In time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year.

Franklin D. Roosevelt

#37. When you start at catering college, nobody prepares you for a book tour or public speaking.

Rene Redzepi