Average blue-collar household in US only retains 20-25 percent of its income after debts and taxes


"So while one in seven US citizens has a debt collector on their tails, and whereas the average blue-collar household only retains 20-25 percent of its income after debts and taxes..." (page 14).

Dinyar Godrej, "Debt - a global scam," New Internationalist, (2013): 14.

#economy #poverty #wealthdistribution #inequality #income #taxes #debt #negative