Is half my monthly income really too much to pay for housing?
by feistypenguin There are many benefits to homeownership, but home maintenance can send you into a debt spiral if you don’t have a pile of cash on-hand for emergencies (i.e. … Read more
income
Universal basic income had a rough year
Some of the biggest and most promising experiments were plagued by delays and shutdowns. From the MIT Technology Review: Silicon Valley loves the idea of universal basic income. Many in the … Read more
An Extra $500 A Month? CA City First In Nation To Launch ‘Basic Income Program’
via CBS Sacramento: STOCKTON (CBS13) — A special letter mail carriers are delivering to hundreds of homes in Stockton will hopefully bring a little financial relief in the New Year. The … Read more
Mother in law, 24k a year income. Here’s what healthcare.gov is offering. NJ is forcing folks to sign up.
So you gotta pay $12,000 to meet your yearly premium + deductible before they start covering anything? Wow, that isn’t health insurance. That’s disaster insurance. Thanks Obama. h/t vladimirpoopen
California Now Wants To Tax Text Messages To Be Able To Provide Phones To What They Call Low Income Residents Meaning For Illegals
California Now Wants To Tax Text Messages To Be Able To Provide Phones To What They Call Low Income Residents Meaning For Illegals ☝️To Provide Free Phones Keep Bleeding Californians … Read more
GE Cuts Previously Legendary Dividend, Once a Retirement Income Lifeline, to a Penny
It’s second dividend cut announcement this year for the beleaguered company. GE’s stock is down by nearly 60 percent this year. General Electric made its painful dividend cut official on Friday, … Read more
Charts – Visualizing American Income Levels by Age Group
via visualcapitalist: There are two commonly held beliefs around income and age: 1) Earning trajectory is largely determined by the time a person is 35-years-old 2) Income is positively correlated with … Read more
It’s a myth that a raise can cost you money in US Federal Income Taxes
by arghvark I’ve heard stories about people who got a raise only to find out that they were bringing home less money because of “taxes” on the additional income, and … Read more
Personal income and spending, Pending home sales
by WARREN MOSLER No drama here: More housing weakness news: Highlights This has not been a good run for housing data. Pending home sales fell a very steep 2.6 percent … Read more
IS THE US DISPOSABLE PERSONAL INCOME PER CAPITA AT ALL TIME HIGHS, OR STAGNANT IN 1974 LEVELS?
via @OccupyWisdom: Depends on the measuring stick. Real money (#gold) = sideways for 44 years Nominal dollars = all time high MACRO MINDSET
Is The 2.5 – 3.5 House Price To Income Ratio Still Valid?
by Dlumb77 2 Observations: Increasing population. Unchanged Land availability. Competition through supply/demand dynamics will surely drive up prices in places that populations is increasing. Low Interest rates. We’re at the end … Read more
10 Years of FAANG Quarterly Income Statements, in 3D
by ghostofgbt I took 10 years of quarterly income statement data from the major FAANG companies and used EchartsJS to visualize it in 3D. I had a lot of fun … Read more
Household Income Distribution in the U.S. Visualized as 100 Homes
via visualcapitalist: View a high resolution version of this graphic. Inequality in America has become a major talking point in recent years. For many people though, the concept of inequality – the idea … Read more
Personal income and spending, GDP comments, Philly index
by WARREN MOSLER Income less than expected, spending ok, so savings fell: Highlights Income growth proved very slight in September with inflation steady and moderate and right on the Federal … Read more
We have a spending problem – Feds Collect Record Income Taxes in 2018… Budget deficit highest level in 6 years
Feds Collect Record Individual Income Taxes in FY 2018; Still Run $779B Deficit (CNSNews.com) – The federal government collected a record $1,683,537,000 in individual income taxes in fiscal 2018 (October … Read more
California’s Income Inequality Now Worse Than Mexico’s, Poverty Level Highest In America.
This is an embarrassment! All that welfare and nothing to show for it . “But but we are the 5th largest economy “ “But but tech companies !” — Were … Read more