More Rich Stats

Brad De Long delong at econ.Berkeley.EDU
Wed Dec 2 11:43:01 PST 1998



>Citizens for Tax Justice says 8.1% of tax
>returns show income over $100,000. As noted
>above, many don't have to file returns (there's
>about 120 million a year total).
>
>Of course, many returns are for households that
>include additional earners and dependents.
>
>Brad the Acorn Gatherer asked:
>
>Do we know where the top of the fourth family
>income quintile was for two-adult households
>aged 40-49?
>
>The answer is still no, but this gets a
>little closer--
>
>The average 'family economic income' for
>"families age 40-50" in the
>70-80 percentiles (e.g., the eighth decile)
>was $54,722 in 1994 (Gale, Houser, Scholz)
>Without the imputations in FEI, this would
>of course be lower.
>
>Ordinarily I wouldn't be so informative to the list,
>but I'm working with these numbers right now.
>
>mbs

And the imputations in FEI average $6,000 a year for this cohort/family structure?

Brad



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