A consumption tax is a tax on goods or services you spend money on, rather than what you earn. The United States does not ...

Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

The table and graph above were inspired by Alan Reynold’s recent post on the Cato At Liberty blog “A Different Look at After-Tax Income Inequality.” Here’s the opening of that post: Every presidential ...

1. Per capita disposable income of households = per capita disposable income of urban households * proportion of urban population + per capita disposable income of rural households * proportion of ...

The U.S. Census Bureau should reconsider income-based poverty measures in favor of a consumption-based method, according to a new study that strives to more accurately identify the neediest Americans.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This has always been a fairly desperate attempt to deny an obvious problem. At the ...

Alan D. Viard, a former senior economist at the Federal Reserve of Dallas, is a resident scholar at the American Enterprise Institute. January 23, 2013 In the short run, reform efforts are likely to ...

Household consumption and real income per capita both increased in the EU and eurozone in the third quarter of 2024 compared to the previous quarter, official data by Eurostat showed on Tuesday. In ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Eric's career includes extensive work in ...

In the first half of the year, the per capita disposable income of residents in China was 17,642 yuan, a nominal increase of 12.6 percent over the same period of last year. After deducting the price ...