Real Disposable Income Per Capita: The Year-End Strategy in Spades

From dshort.com - Advisor Perspectives
January 31, 2013 - 2:43pm

Jan 31, 2013 Doug Short  Earlier this morning I posted my latest Big Four update featuring Real Personal Income Less Transfer Payments. Now let's take a closer look at a different calculation of incomes: "Real" Disposable Income Per Capita. The November and December data show a strong reversal of the contractionary pattern in the previous months. Unfortunately, the numbers for both months, and especially December, are heavily skewed by year-end tax planning strategies in advance of the expected expiration of the Bush tax cuts. In this morning's Personal Income And Outlays report, the BEA explains:More...


Share this article »  

Continue reading this article »