Tag Archives: Income Growth

Lessons from a Half Century of Federal Individual Income Tax Changes

This chart shows how income tax liabilities have changed each year for the five income quintiles over the past half century.  Here are a few things to notice: We love cutting income taxes. Almost all of the changes are tax … Continue reading

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David Leonhardt on a Decade of Income Stagnation

Leonhardt covers a very important issue that hasn’t gotten enough attention in the presidential race. The solutions aren’t easy and the stakes are huge. You really should read it. Source: NYTIMES

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SCF data show ~40% decline in Median Net Worth from 2007-2010

New SCF data came out today, which show dramatic declines in both real incomes and net worth through Great Recession. Median real incomes fell roughly 8 percent. Mean incomes fell by more, likely reflecting capital gains losses from higher income … Continue reading

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