·August 13, 2018
The United States Treasury Department is reportedly studying
whether it can issue regulations that would allow taxpayers to account for inflation when calculating taxes on capital gains. Such a change has been considered in the past. Taxing savings, like taxing any economic activity, distorts the functioning ...
·June 27, 2018
The United States experienced a large run-up in house prices in the first half of the 2000’s which was followed by a dramatic fall in the second half of that decade. The fall led to a sharp drop in wealth for American households and had broad implications for the stability of many of the country's financial ...
·October 7, 2017
Although trends in income bear heavily on economic security at the household level, they are not the whole story. One also needs to look at patterns of wealth holding to fully assess the economic risks facing households. The latest data on wealth show broad-based positive gains for American households ...