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DECLINING SALARIES

On March 6, 2015 posted in Specialty Tax Services Blog

DECLINING SALARIES

SALARIES AND WAGES REPORTED ON TAX RETURNS HAVE DECLINED, SAYS TAX POLICY GROUP   A study by the Washington, D.C.-based Tax Policy Center has found that the share of salaries and wages reported on federal income tax returns has declined over the past six decades. On the other hand, investment income, such as capital gains, has grown in importance.

The chart can be found at http://www.taxpolicycenter.org/publications/url.cfm?ID=2000061