…people, such as food, clothing, housing, and healthcare. Furthermore, Census income and poverty figures are obtained through household surveys, and low-income households don’t report much of their cash income in…

…is still at odds with Trump’s claim that income has fallen by $4,000 since 2000. In fact, it shows median household income rising by $1,500 and approximate take-home income rising…

…comprehensive, because it accounts for all forms of income from the private sector and government, including non-cash income like healthcare benefits, housing, and food. Furthermore, disposable income subtracts out taxes,…

…that the upper 1% of income earners pay an average of 8.8% in corporate income taxes. Tallying the data above indicates that Romney’s federal tax rate is 22.8% (13.9% +…

…which fall more heavily on middle-income than upper-income individuals. As detailed in the earlier analysis by Just Facts and Ceterus, corporate income tax burdens depend upon several variables that are…

…market is not working to distribute wealth” and “has lost much of its power to deliver income gains to working families” over the past four decades. As proof of this,…

…which artificially and significantly inflate the tax burdens of many taxpayers. Tax specialists explicitly warn that these narrow definitions of income (adjusted gross income and taxable income) cannot be used…

…82 federal means-tested welfare programs. When all of these benefits and other sources of income are included, U.S. households that are officially “in poverty” consume an average of more than…

…income rose by 60% due to a 135% increase in government transfers. • the middle quintile increased their market income by 7%, but their gross income rose by 21% due…

…2007 to 2012, showing that annual interest income for the top .01% of earners declined by $1.7 million over this period, or by 9% of their total 2007 income. “The…

…low-income workers are eligible for the earned income tax credit, which “offsets much of the impact of Social Security taxes paid by low-income workers,” as explained by GAO. During 2015,…

…do you think receives a better return on the money they pay into Social Security: low-income workers or high-income workers? Correct Answer: Low-income workers. People with lower incomes receive much…

…wealthy investors limit their taxes is by investing in tax-free municipal bonds. Since federal law does not classify income from these bonds as “taxable income,” this income would be entirely…

…also use narrow measures of income that artificially inflate the tax burdens of lower-income households. The truth is that when all federal taxes and all sources of income are accounted…

…paid a 44% lower rate, the middle-income group paid a 32% lower rate, the second-highest income group paid a 23% lower rate, and the highest-income group paid a 9% lower…

…to Social Security from the general fund of the U.S. Treasury—which is funded by personal income taxes, corporate income taxes, excise taxes, estate and gift taxes, and other receipts. To…

…U.S. Senator Elizabeth Warren, “our current approach to school funding at the federal, state, and local level underfunds our schools and results in many students from low-income backgrounds receiving less…

…undecided voters. Question 2: On average, who would you say pays a greater portion of their income in federal taxes: The middle-class or the upper 1% of income earners? Correct…

…higher tax rates diminish the incentive to earn more income: Any income tax system will tax away part of the gain an individual gets by moving up the income scale,…

…share of the education expenses of low-income school districts in order to equalize their funding with higher-income districts. Consequently, school districts with high portions of non-white students have spent about…

…the general fund of the U.S. Treasury, which is not funded with Social Security payroll taxes but with income taxes, corporate income taxes, excise taxes, and other miscellaneous taxes, such…

…pressing problems like global poverty. One of the factors that pops up in both of these cases is government corruption, which goes hand-in-hand with poverty: Falsehoods Falsehood #1: The severe…

…other factors that affect the incomes of individual Americans. Also, the Census Bureau’s measure of income is incomplete because it excludes the value of noncash income, such as employee fringe…

…income in federal taxes: The middle class or the upper 1% of income earners? Correct Answer: The upper 1% of income earners. The Congressional Budget Office’s latest estimates of federal…

…poverty in the nations they left, they now tend to keep them instead of adopting new ones that promote prosperity. Productivity, Communication & Earnings More than anything else, material prosperity…

…perform the same work that black workers will do for up to 18% less. Guo’s claim accords with the 2016 Democratic Party Platform, which declares that racial “disparities in wealth…

…class or the upper 1% of income earners? Correct Answer: The upper 1% of income earners. The Congressional Budget Office’s latest estimates of federal tax burdens show that households in…

…vetoes. Median Household Income Between 2009 and 2013 (latest available data), real median household income rose from $78,200 to $79,200. During the same period, real median household income after federal…

…it: hours worked. As explained by the Congressional Budget Office, social benefits “create an incentive for some people to work less” by: providing benefits that decline with rising income, “thus…

…Hillary Clinton and Donald Trump, Clinton said that “half of all” illegal immigrants in the U.S. “actually pay federal income tax.” A Pulitzer Prize-winning fact check organization named PolitiFact looked…

…taxes and all income. This includes hidden taxes, capital gains, loopholes, deductions, and benefits that are typically not taxed, like employee health insurance. The U.S. Treasury, the Congressional Budget Office,…

…education at every level is the only tool we’ve ever invented to effectively allow people to lift themselves from poverty. In Arizona, one in four children live in poverty right…

…$89.9 trillion in debts, liabilities, and unfunded obligations. This amounts to more than $700,000 for every household in the U.S., or 92% of the nation’s private wealth. This includes the…

…its income stream. Yet, the program is still facing insolvency, mainly because the ratio of workers paying taxes to people receiving benefits has fallen by three times since 1955 and…

…and Medicare obligations. This amounts to $670,000 for every household in the U.S., a fiscal burden that equals 93% of the nation’s private wealth, including the combined value of every…

…slightly, but spending has risen more: Since 1959, the composition of federal spending has changed dramatically. Spending on social programs (like income security, healthcare, education, and housing) has risen from…

…income, and many other variables. Weighting, however, does not guarantee that a poll’s results are accurate. This is because respondents may differ in ways that transcend the factors that are…

…says: “The notion that deregulation unleashes growth is virtually impossible to find in the data.” In reality, there is a wealth of data indicating that regulations harm economic growth, and…

…has been fertilized.” This is borne out by a wealth of evidence including a 2002 paper on the American Journal of Obstetrics and Gynecology, which shows that “both prefertilization and…

…and Medicare obligations. This amounts to $614,000 for every household in the U.S., a burden that equals 90% of the nation’s private wealth, including the combined value of every American’s…

…to each country that impact homicide rates, such as their law enforcement and criminal justice systems, the portion of children raised in single-parent households, poverty rates, and many other relevant…

…been $13.1 trillion in 2012 instead of the $15.7 trillion that it was. This portends far-reaching negative consequences, such as more poverty and reduced life expectancy. As explained in the…

…have a greater negative impact on global hunger and food consumption than the direct impacts of climate change. The negative impacts would be most prevalent in vulnerable, low-income regions such…

…party lines, age, race, gender, income, and geographical areas.” However, instead of reporting the facts of this important issue, a number of influential media sources are greatly exaggerating the problem….

…by state governments and the federal government through green energy subsidies. This is one of the ways in which General Electric managed to pay no U.S. corporate income taxes in…

…The negative impacts would be most prevalent in vulnerable, low-income regions such as sub-Saharan Africa and South Asia, where food security problems are already acute. This study, like all such…

…mistakes have led some analysts to conclude that the rise in labor income has not kept up with the growth in productivity. The first of these is a focus on…

…and income for businesses that then lead them to making decisions about jobs—more hiring. For another instructive example, while testifying before Congress in April 2010, Mark Zandi, the chief economist…