A naturally occurring part of civilization; just like education inequality (e.g. not everyone has PhDs), hair color inequality (not everyone is blond) and location inequality (not everyone lives in a city or a two-story house).
Often used by leftists, moonbats, and the Obama Administration and like-minded as class warfare to drum up division and anger among citizens.
Often used by leftists, moonbats, and the Obama Administration and like-minded as class warfare to drum up division and anger among citizens.
Malcolm got his MBA after five years of work experience and is now earning $150k a year at his new job. Tina dropped out of college, where her major was Women's Studies, and is stuck with a $30k a year job. Income inequality!
by bizsmack January 22, 2014
Get the Income inequality mug.A an immoral & corrupt system used to enslave the working population of a given state or nation. Any nation with an income tax is not truly a free country, because it requires that a substantial percentage of your income goes to the government without your consent.
If a citizen refuses to pay this tax, they will often be arrested at point of gun, and put in jail - making it a true definition of slavery.
If a citizen refuses to pay this tax, they will often be arrested at point of gun, and put in jail - making it a true definition of slavery.
by Jimmy F. March 28, 2007
Get the income tax mug."My neighbor envies my lifestyle I travel first class, I indulge myself in the latest of whatever it might be, buy top of the line accessories. I go out more and buy more, I have more disposable income and often labeled as such. She hired a private detective to find my secret behind all of this lifestyle. The detective came up with one answer 'gays have more disposable income and tend to indulge in this luxury lifestyle, often found as misunderstood by the straight eye'.
by lifestyle director February 27, 2010
Get the disposable income mug.The relative rating between a person's likely years left before dying and their annual income or networth.
My nana is dating again and she's getting pretty serious with this guy Sol. The nursing home gave him an 'A' rating for his Death to Income Ratio.
by L-Dub Elie April 11, 2017
Get the Death to Income Ratio mug.in economics, the net income from assets that are owned by foreigners. The citizens of a country will own assets that are physically located overseas (for example, real estate in another country, shares of foreign stock, or even labor performed while an expatriate), and those assets earn income. At the same time, foreigners likewise earn income on assets located in ones' own country.
If domestically-owned assets located abroad earn more income than domestic assets owned by foreigners, then there will be a net flow of income from overseas. This is a collateral benefit to running a trade surplus, especially over several years.
An example might be the United Kingdom (UK) during the 19th century. Prior to the 1880's, the UK exported far more than it imported. With the foreign money, it bought assets in the economies of other countries, such as the USA, Continental Europe, and the future Commonwealth of Nations. These assets naturally earned a lot of income, as they accumulated over many decades. The income from these assets was so large that, after the 1880's, the UK ran a trade deficit but still had a current account surplus.
In the case of the UK, the current account surplus from the NFFI was still large enough that the UK could continue to buy foreign assets that earned income, even as its trade deficit grew during the early 20th century.
If domestically-owned assets located abroad earn more income than domestic assets owned by foreigners, then there will be a net flow of income from overseas. This is a collateral benefit to running a trade surplus, especially over several years.
An example might be the United Kingdom (UK) during the 19th century. Prior to the 1880's, the UK exported far more than it imported. With the foreign money, it bought assets in the economies of other countries, such as the USA, Continental Europe, and the future Commonwealth of Nations. These assets naturally earned a lot of income, as they accumulated over many decades. The income from these assets was so large that, after the 1880's, the UK ran a trade deficit but still had a current account surplus.
In the case of the UK, the current account surplus from the NFFI was still large enough that the UK could continue to buy foreign assets that earned income, even as its trade deficit grew during the early 20th century.
by Abu Yahya February 14, 2009
Get the foreign factor income mug.The income gap between someone not living up to their potential earning, and what they could be earning.
Ron worked at a bank all his life as a teller. In retirement, he freelanced giving out financial advice whereas in his working life he could have been making mad money doing that. Classic incomepoop.
by backotruck December 8, 2012
Get the Incomepoop mug.by BIGCOCKDADDYNIGGA June 30, 2021
Get the Passive Income mug.