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Tag Archives: poverty level
American Wages, Poverty and the Tax Question
We wonder why so many people escape federal income taxes with a wage distribution that is skewed toward the low wage end? See the related post, One Major Reason the Poor Pay No Federal Income Tax: The Earned Income Tax Credit. Related … Continue reading
The Recession Masks the Real Problem: Systemic Issues in America
A couple days ago I posted median income in the U.S in 2010 ($26,364) and poverty level for a family of four in 2010 ($22,025). I haven’t been able to get the closeness of those two numbers out of my … Continue reading
Posted in Economy, Income Distribution, Inequality
Tagged inequality, jobs, median income, poverty level, recession, systemic risk
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