
Pretax Income Has Increased for the Wealthy
The share of total pre-tax income has sharply increased for the wealthy, but decreased for low-income households.
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The share of total pre-tax income has sharply increased for the wealthy, but decreased for low-income households.
Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
https://www.pgpf.org/chart-archive/0234_transfer_programs_share_income
Waiting to act raises the cost of stabilizing the debt.
Prior to 2020, the median real income for families in the United States had been increasing for 5 consecutive years.
https://www.pgpf.org/chart-archive/0213_stagnant_median_income
Blacks and Hispanics have much higher poverty rates than other groups.
In 2019, median household income varied considerably by race and ethnicity.
Full-time male workers earn more than full-time female workers
CBO projects that interest rates will remain low throughout the decade.
https://www.pgpf.org/chart-archive/0269_interest_rates_projected_to_rise
Income varies widely across racial and ethnic groups in the United States.
https://www.pgpf.org/chart-archive/0272_income_race_historical