Income Assets Quotes & Sayings

This is how we must look to God. — Chuck Palahniuk

Entrepreneurship is when an individual retrieves a red hot idea from the creativity furnace without the constraint of the heat of lean resources, and with each persistent blow of the innovation hammer shapes the still malleable idea against the anvil of passion, vision, insight, strategy, and principles to forge a fitting vessel of a creative concern. — Amah Lambert

Switzerland has one of the highest per capita incomes in the world, the strongest currency and the largest financial center for foreign assets. And we're a small country with no natural resources. Switzerland is the world capital of dealing in stolen goods. — Jean Ziegler

Mainstream economists habitually treat asset depletion as income, while ignoring the value of the assets themselves. If the owner of an old-growth forest cuts it and sells the timber, the market may record a drop in the land's monetary value, but otherwise the ecological damage done is regarded as an externality. Irreplaceable biological assets, in this case, have been liquidated; thus the benefit of these assets to future generations is denied. From an ecosystem point of view, an economy that does not heavily tax the extraction of non-renewable resources is like a jobless person rapidly spending an inheritance. — Anonymous

That fallacy flies in the face of studies that show, every day, in every way, things are getting a little worse for America's minorities relative to the progress made by those in the top percentiles of assets and income. — Harold Washington

Things change, not only in one's life but also in the economy
and on the political scene, and it pays to be aware. Is the foundation
of your financial house secure, with an income that is
guaranteed? Have you built solid walls, investing appropriately,
and keeping inflation at bay? Are you living under a reliable
roof, with assets positioned to grow? Is your house insulated
and sturdy, safe from any economic storm? — Christopher K. Abts

20 Now because of this King Hezekiah and the prophet Isaiah, the son of Amoz, prayed and cried out to heaven. — Anonymous

Low-income people everywhere will be at risk of food insecurity due to loss of assets, absence of alternative livelihood options and lack of adequate insurance coverage from extreme weather events. — Jacques Diouf

When Ralph Goodale tried to tax Income Trusts they showed us where they stood, they showed us their attitude towards raiding Seniors hard earned assets and a Conservative government will never allow either of these parties to get away with that. — Stephen Harper

The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level. — Ric Keller

Simplicity means taking charge of a life that is too busy, too stressed, and too fragmented. An uncluttered simplicity means cutting back on trivial distractions, both material and non-material, and focusing on the essentials - whatever those may be for each of our unique lives. — Duane Elgin

Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system — Andrew Simms

If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here. — Milton Friedman

Because the true root cause of hunger is inequality, any method of boosting food production that deepens inequality will fail to reduce hunger. Conversely, only technologies that have positive effects on the distribution of wealth, income, and assets, that are pro-poor, can truly reduce hunger. — Miguel A. Altieri

When you can identify a specific tax that people don't like, and this is one that was designed for the Rockefellers, for the Carnegies in 1916, to fund World War I, but now it's beginning to hit small business people, real estate holders, a lot of people well down the income scale who just spent a life building assets. Suddenly they get hit with a 40%, 50% tax rate. — Paul Gigot

Some of the structural drivers of inflation have also weakened. Trade unions have become less powerful. Loss-making state industries have been privatized. But, perhaps most importantly of all, the social constituency with an interest in positive real returns on bonds has grown. In the developed world a rising share of wealth is held in the form of private pension funds and other savings institutions that are required, or at least expected, to hold a high proportion of their assets in the form of government bonds and other fixed income securities. In 2007 a survey of pension funds in eleven major economies revealed that bonds accounted for more than a quarter of their assets, substantially lower than in past decades, but still a substantial share.71 With every passing year, the proportion of the population living off the income from such funds goes up, as the share of retirees increases. — Niall Ferguson

When people retire, their income drops much more sharply than their consumption. As a result, they stop saving and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices. — Greg Ip

It's not about income, it's about assets that generate income. — Robert T. Kiyosaki

If I collected all the diamonds in the world, I'd have no 'income' but I'd have a lot of 'assets'. Would my company be worth nothing because I have no income? A lot of Net companies are collecting assets. They have to be measured with a new set of metrics. — Vinod Khosla

The goal of retirement is to live off your assets-not on them — Frank Eberhart

Despite the absence of Queen Elizabeth II's name in annual Forbes Rich Lists, everyone in the room was aware the Queen was one of the wealthiest people in the world, if not the wealthiest. However, hers and the House of Windsor's assets and income were mostly non-declared. — James Morcan

And I don't care what age you are, kissing in the rain is the best. — Carew Papritz

Unless we find repose within ourselves, it is vain to seek it elsewhere. — Hosea Ballou

Prison towers and modern posters for soap and whiskey. — Frank Lloyd Wright

We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die. — Liam Fox

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution. — Virginia Postrel

In the mass of people, vegetative and animal functions dominate. Their energy of intelligence is so feeble and inconstant that it is constantly overpowered by bodily appetite and passion.Such persons are not truly ends in themselves, for only reason constitutes a final end. Like plants, animals and physical tools, they are means, appliances, for the attaining of ends beyond themselves, although unlike them they have enough intelligence to exercise a certain discretion in the execution of the tasks committed to them. Thus by nature, and not merely by social convention, there are those who are slaves - that is, means for the ends of others. — John Dewey

Cash flows from operating activities are the cash effects
of revenue and expense transactions that are included in the income statement.
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Cash flows
from investing activities are the cash effects of purchasing and selling assets, such as land and
buildings. Cash flows from financing activities are the cash effects of the owners investing in
the company and creditors loaning money to the company and the repayment of either or both. — Williams

As income from work has become more concentrated in America, the super rich have invested in businesses, real estate, art, and other assets. The income from these assets is now concentrating even faster than income from work. — Robert Reich

My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income ... passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties. — Robert Kiyosaki