U.S. personal income is one of the principal economic indicators produced by the Bureau of Economic Analysis. Today’s report includes updated statistics on the distributions of personal income and disposable personal income, that is, personal income minus personal current taxes.
The estimates show the income shares by deciles as well as the share of the top 1%. In addition, inequality metrics are provided for quintiles. There are also breakdowns by sources of income, including compensation, interest income, and government benefits for every year, as well as a summary table of inequality metrics for all years.
The statistics, their methodology, and related research are available on bea.gov. BEA continues to seek feedback to help refine the methodology and presentation of the prototype statistics
After-tax income. The amount that U.S. residents have left to spend or save after paying taxes is important not just to individuals but to the whole economy. The formula is simple: personal income minus personal current taxes.
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