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Originally posted by rextorres:
I am looking at the census statistics you linked to and it says the median income for individuals is $25,839 and the majority of families make less than $50K I am assuming a family is most likely at least two adults.
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On the census page the "Median Earnings: (dollars)" is 25,839, but that is including seasonal and part time workers, ie students. The Median for the male, full time, year round workers (still the majority of the workforce) is 39,996. The line right below where you were looking.
The majority of families do make less then 50K, and the majority of families do have two adults. But the majority of families don't have two income earners. There aren't stats regarding that on either of these websites but I have seen stats previously that show the majority of families still have only one income. Although that is changing and has been for some time. Most of the families that have two adults working full time will be in the 50,000 to 100,000 range for total household income.
Quote:
Originally posted by rextorres:
I can't find where you got the IRS figures from the posting you placed, but let's say it is 42% that is still the largest amount of workers by tax bracket. This is the point of the argument - they are the largest percentage of workers and they didn't get any real tax cut.
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The numbers are there. I used them to get the percent.
The workers making under 25K are statistically the largest single group if you slice the entire population into equal sized Groups. But that doesn't mean they that most workers fall into that group. And a significant number of workers in that group are part-time, not the primary income earners, and not supporting any dependants. That's not to say of course there aren't many people aren't in poor financial situations. But they aren't the majority of workers.