Pastoral Resources

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.

Among seniors, Social Security is the sole source of income for 26 percent of nonmarried women.

Social Security makes up a much larger share of total retirement income for unmarried women and minorities than it does for married couples, unmarried men and whites.

Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.

It was under Wilson, of course, that the first huge parts of the Marxist program, such as the progressive income tax, were incorporated into the American system.

Speaking of tax fairness, it was Senator Kerry who voted to increase the income tax on senior citizens on Social Security, earning as little as $32,000 a year.

It is better to have a permanent income than to be fascinating.

In the lexicon of the political class, the word 'sacrifice' means that the citizens are supposed to mail even more of their income to Washington so that the political class will not have to sacrifice the pleasure of spending it.

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.

There is nothing more demoralizing than a small but adequate income.

These days an income is something you can't live without - or within.

Income tax returns are the most imaginative fiction being written today.

The only imaginative fiction being written today is income tax returns.

I'm living so far beyond my income that we may almost be said to be living apart.