Harvey S. Rosen: Income

Harvey S. Rosen is American economist. Explore interesting quotes on income.
Harvey S. Rosen: 42   quotes 0   likes

“If it makes sense to transfer income from rich to poor people within a generation, why shouldn't we transfer income from rich to poor generations?”

Source: Public Finance - International Edition - Sixth Edition, Chapter 18, Deficit Finance, p. 435

“During the 1980's, the top statutory marginal income tax rate in the United States fell from 70 percent to 28 percent.”

Source: Public Finance - International Edition - Sixth Edition, Chapter 16, Personal Taxation and Behavior, p. 373

“From a theoretical point of view, lifetime income would be ideal, but the practical problems in estimating it are enormous.”

Source: Public Finance - International Edition - Sixth Edition, Chapter 6, Political Economy, p. 140

“Plato argued that in a good society the ratio of the richest to the poorest person's income should be at the most four to one.”

Source: Public Finance - International Edition - Sixth Edition, Chapter 7, Income Redistribution Conceptual Issues, p. 147

“Government grows because low-income individuals use the political system to redistribute income toward themselves.”

Source: Public Finance - International Edition - Sixth Edition, Chapter 6, Political Economy, p. 128

“Some argue that an income tax is unfair because it taxes capital income twice: once when the original income is earned, and again when the investment produces a return.”

Source: Public Finance - International Edition - Sixth Edition, Chapter 19, Taxes on Consumption and Wealth, p. 453