April 29, 2011
A large part of personal income is not considered “taxable” income by the IRS. In the graph personal income (as calculated by the Bureau of Economic Analysis) is around 80% of GDP. This includes all employee compensation + after tax business income + rent + interest + other income but no capital gains. However, the taxable income is around 30-40% [...]
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April 27, 2011
Unlike prices in the stock market (which are the same no matter where you you live) your experience of the housing bubble was determined by your location in the years 2000-2010. These maps (which I created with Matthew Mulbrandon) give a quick and easy glance at the change in housing prices focusing on the bubble [...]
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