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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (261037)4/8/2008 8:09:33 PM
From: neolib  Respond to of 281500
 
I suppose that curves (or you could make it a surface in 3D) of some form of total income by population percentile might be what I'm looking for. See if there appear to be any patterns over time in that.

Not only is inflation adjustment a problem, trying to determine a single income metric which captures benefits, and even harder, self-employment issues, is difficult. Of course even that is bedeviled by trying to account for "quality" of life issues. Nothing is easy.

I've been self-employed most my life, and the one thing which is very clear to me is that the self-employed are able to drastically lower their "income" via perfectly legal investment in their businesses. In addition, some Federal stat outfit (I forget which) has claimed that self-employment income is under reported by a 50%, which I'm assuming is after all legitimate efforts to reduce it. Trying to adjust for such things would not be easy.