Wednesday, February 25, 2015

States Where the Middle Class Is Dying

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Interestingly enough, they cite California as somewhere the income of the average Middle Class person's income has dropped 7%.

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Based on average pre-tax income earned by the third quintile, or the middle 20% of earners in each state, middle class incomes in California declined the most in the country. Incomes among middle class Californian households fell by nearly 7% between 2009 and 2013

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