Change in sources of comprehensive income for non-elderly households in the middle fifth, selected years, 1979–2007 (2011 dollars)
|Income||Wages and imputed taxes||Capital income||Pensions and other income||Cash transfers||Employer- sponsored insurance||In-kind income*|
|Average annual change|
|Share of total change|
* In-kind income does not include employer-sponsored insurance.
Source: Authors' analysis of Congressional Budget Office (2010c)
Documentation and methodology
Underlying data are unpublished data on income source by family type from the Congressional Budget Office related to its 2010 Web resource, Average Federal Taxes by Income Group. “Imputed taxes” are taxes that are not directly paid by households to government (such as the employer’s share of the payroll tax), but which are “paid” in the form of lower wages and thus are added by the CBO to actual, observed wages to produce the measure of “pretax” income. “Other income” in the pensions category includes withdrawals from 401 (k) plans and traditional pensions, and a small category of “other income” that CBO links with pension income in its reports. The income levels for “Wages and imputed taxes” column and the “Pensions and other income” columns are calculated by the sum of the product of the shares of wages and imputed taxes multiplied by average pretax income for each income group and the sum of the product of the share of pensions and other income multiplied by average pretax income. The contribution to shares from income sources is calculated by multiplying the change in the types of income sources by the changes in the total income for non-elderly households. Data are inflated to 2011 dollars using the CPI-U-RS. Note that the unpublished CBO data are unrounded, and produce slightly different income dollar values than the publicly available CBO dataset underlying Figures 2M and 2Z.