Each year, families and individuals pay taxes to the government and receive back a wide variety of services and benefits. A fiscal deficit occurs when the benefits and services received by one ...

A new report by the Congressional Budget Office (CBO) offers new proof that many of America's poorest citizens are doing better than they were 14 years ago. Between 1991 and 2005, the average annual ...

This is an updated and revised version of a CD post from last year that generated nearly 300 comments because of the controversial nature of the topic – whether “the rich” pay their “fair share” of ...

Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The Federal Reserve recently released new household data in two ...

“Relative mobility” measures how a child’s ranking in the income distribution compares to her parents'. “Absolute mobility” measures something entirely different. The economics blogosphere as well as ...

This study focuses on the method the National Family Health Survey-3 adopts to compute national wealth quintiles using the wealth index score of households as a basis. It argues that the survey's ...

Economic mobility is a core principle of the American narrative and the basis for the American Dream. However, research suggests that the United States may not be as mobile as Americans believe. The ...

California wealth management firms Kochis Fitz and Quintile Wealth Management said they plan to merge, effective Jan. 1, 2008, with the combined firm to be known initially as Kochis Fitz/Quintile ...

The Australian Bureau of Statistics announced this week that "inequality has remained stable since 2013-4". Given that economic inequality has been increasing since 1980 and the widespread view that ...

The Congressional Budget Office (CBO) just released its annual report on “The Distribution of Household Income and Federal Taxes” analyzing data through 2011 on American household’s: a) average ...