Tag: Census poverty report
Some think in terms of household income of $250,000; the answer is $60,000. All the rhetoric surrounding the coming tax reform proposals says that the changes will benefit the middle class. The question is what income group constitutes the middle class? Many politicians have adopted household income of $250,000 as a meaningful demarcation point for…
Older people also do not enjoy a decline in poverty. The recent Census report contained good news on income, poverty, and health insurance coverage. Median household income rose more from 2014 to 2016 than in any other two-year period on record; poverty declined significantly; and the share of Americans without health insurance fell to a…
