☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to United States | News & Politics@lemmy.ml • 1 year agoMedian Household Income After Taxes Fell 8.8% in 2022external-linkmessage-square1 fedilinkarrow-up120cross-posted to: us_news@lemmygrad.mlnews
arrow-up120external-linkMedian Household Income After Taxes Fell 8.8% in 2022☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to United States | News & Politics@lemmy.ml • 1 year agomessage-square1 Commentsfedilinkcross-posted to: us_news@lemmygrad.mlnews
minus-squareprotist@mander.xyzhexbear2·1 year agoAlmost entirely credited to the cessation of pandemic--related tax credits: In 2020 and 2021, most households also received Economic Impact Payments (EIP) that were no longer issued in 2022. The rollback of these tax policies had the largest effect on post-tax income among the nation’s lowest-income households. linkfedilink
Almost entirely credited to the cessation of pandemic--related tax credits: