[lbo-talk] Another list member in the news

B. docile_body at yahoo.com
Fri Jul 30 02:04:59 PDT 2004


U.S. Incomes Fell for Second Year in 2002-IRS Data

Thu Jul 29, 8:39 PM ET By Jonathan Nicholson

WASHINGTON (Reuters) - Internal Revenue Service (news - web sites) data shows U.S. adjusted gross incomes fell for a second straight year in 2002, a victim of the bursting of the U.S. stock bubble that began in 2000.

"The bubble was the determining factor in this picture," said Max Sawicky, economist with the liberal-leaning Economic Policy Institute.

[...]

http://story.news.yahoo.com/news?tmpl=story&cid=1896&e=4&u=/nm/economy_taxes_income_dc



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