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12 Cards in this Set
- Front
- Back
Greatest shares if middle-income |
Midwest |
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Middle class is decreasing where? |
Metropolitan areas (Boston, Seattle, Dallas, Milwaukee) |
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When middle class families divorce |
Economic condition of women deteriorates |
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Middle class receives how much of total income |
54% |
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Middle class position warrents |
Economic stability, economic security, and economic prospects |
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Large corporations tax drop rate |
35% to 20% |
|
2007-2009 recession |
Many middle class families have not recovered |
|
The middle class |
Social construct to identify average economic wealth in U.S. |
|
Stock market crash in 1929 |
Middle class has grown |
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Decline I the middle class |
Working longer hours Unemployment down Consumer spending down |
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Deduction affects |
Good for upper-Middle class, see a bigger deduction due to GOP/ Trump |
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Most controversial deduction |
State and local taxes Effects stares with higher taxes (CA and NY) |