"The last time Americans saw a drop in household income as large as we did last year, Barack Obama was president.
The Census Bureau on Tuesday released its calculations for the change in real median household income for last year. By its calculations, the median income of U.S. households fell in 2022 by 2.3 percent, the worst decline since 2010...That’s before taxes.
Once you calculate in changes to the taxes paid and subsidies handed out, household income fell 8.8 percent...
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