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Highest and Lowest Incomes See Fastest Increases

Created on July 20, 2015

Highest and Lowest Incomes See Fastest Increases


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Read the original report, "Automation and Technology Increase Living Standards," by James Sherk and Lindsey Burke.

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For non-elderly households without children, the fastest-growing income brackets have been those at the top and the bottom.

Source: Heritage Foundation calculations using data from Congressional Budget Office, “The Distribution of Household Income and Federal Taxes, 2011,” Supplemental Data, November 12, 2014, Table 14, https:// www.cbo.gov/sites/default/files/cbofiles/attachments/49440-Distribution-of-Income-Taxes_ Supplemental_0.xlsx (accessed May 12, 2014).

CHART 3 • BG 3016

Tags: Technology, Job-Growth, Economics