Friday, a reader of mine sent me a link from the Indianapolis Star who is reporting poverty in Indiana is increasing. Continue reading →
Uncle Sam likes married couples. Unfortunately for them, it’s the wrong reasons. Continue reading →
Former Federal Reserve advisor Danielle Booth is out with a bold statement about state pensions. Continue reading →
Economics, in regards of income, never discriminates among gender when it forces people to make decisions in how they spend their money. Continue reading →
New survey of people in poverty has provided some interesting results. Continue reading →
The surfboards are being replaced with the longhorns.
Continue reading →
New survey released not only showing America is still the most charitable country in the world, but Americans still favor charity over government
Continue reading →
IRS released data tax filings for 2012 from across the United States and showed the breakdown by both zipcode and county for states. The IRS does produce good data reports throughout the years that shows how people move and in out of income brackets. In reality, this usually debunks a lot of political talking points like “the poor” and “income inequality”. Many data numbers the IRS have garnished from people filing taxes is the movement of incomes and tax brackets that are achieved.
I looked at the tax filings by zip code only so far. Found some interesting stats for the state of Indiana. Here is what I found for the year 2012:
– 2,992,840 returns filed
– The top 3 returns filed by zip code were 1) 46143(Greenwood) 24,340 2) 46227(Marion County/Perry Township) 26,280 3)46307(Crown Point) 30,070
– State wide returns filed by salary:
58k returns were $200k or more
261k returns were $100-$200K
240k returns were $75-$100K
373k returns were $50-$75k
1.59 million returns were $50k or less
– 49,000 farms were filed on tax returns
– Just over 1 Million of the returns showed payments from either Social Security benefits or Annuities/Pensions.
Like I said, many more numbers were in the data and the county breakdown I didn’t even research…..yet. But enjoy the digging in.