The Big Four Economic Indicators: Real Personal Income Less Transfer Payments Surges, But...
From dshort.com - Advisor Perspectives
January 31, 2013 - 10:47am
Jan 31, 2013 Doug Short Note from dshort: This commentary has been revised to include the latest Real Personal Income Less Transfer Payments data.... Real Personal Income Less Transfer Payments was up an astonishing 3.1% in December, following a 3.2% increase in November. The Year-over-year increase is a whopping 6.3%. Good news? Not really. These numbers are the result of widespread tax planning strategies in November and December to avoid the expected 2013 tax increases.More...Continue reading this article »