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Their take-home income, while higher than the national average, was much lower than most high-net-worth investors.
FORBES: Magazine Article
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The reality is that consumers are spending the money the government is creating and real time income tax data indicates that take home is down a bit year-over-year, after adjusting for inflation.
FORBES: Nothing Has Changed, But Bulls Are Becoming More Bullish
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We should help these new families care for their children by expanding maternity and paternity leave, and we should guarantee every worker more paid sick leave so they can stay home to take care of their child without losing their income.
CNN: Obama's Father's Day speech
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Moreover, lower take home pay has to translate into slower economic activity, and therefore lower sales and income for public companies.
FORBES: Huge U.S. Equity Fund Inflows Being Funded By Tax Front Running Income
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Newly elected Indiana Governor Mike Pence is building on the sound financial footing left to him by former Governor Mitch Daniels, and freeing up more take-home pay for all Indiana citizens by enacting an across-the-board, 10-percent income tax reduction.
FORBES: It's Not Just The Feds, The States Face Their Own Fiscal Cliffs, Too