“Consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent an average of $9,562 on food and clothing in 2017, according to BLS.
But they spent $16,749 on federal, state and local taxes.
The average 2017 tax bill included $7,819 in federal income taxes; $2,098 in state and local income taxes; and $51 in other taxes—which the BLS rounded to a subtotal of $9,967.
It also included $4,717 inSocial Security taxes; and $2,065 in property taxes—bringing the total average tax bill for the year to $16,749.
At the same time, according to the BLS data, the average consumer unit spent $7,729 on food in 2017 and $1,833 on apparel and services—bringing the total average spending for food and clothing for the year to $9,562.
A new report from the JPMorgan Chase Institute, based on payments directed to 2.3 million families, showed that average monthly platform earnings dropped considerably — by 53% — between 2013 and 2017.
These drivers made $783 per month in 2017 versus $1,469 in 2013.
“These declines in monthly earnings among drivers may reflect the fact that the growth in the number of drivers could have put downward pressure on hourly wages; they may also reflect a potential decline in the number of hours drivers are driving,” the report stated.
“Regardless of whether the drop in earnings was caused by a fall in wages or hours or both, it indicates that driving has become less and less likely to replace a full-time job over the past five years, as more drivers have joined the market.”
Fast and Drying Out:
“U.S. national parks protect some of the most irreplaceable ecosystems in the world,” the study states, adding that reductions in industrial emissions could “substantially reduce the magnitude” of expected effects.
The study found that, between 1885 and 2010, national parks warmed by 1.8 degrees Fahrenheit—twice the U.S. rate—while annual rainfall declined by 12 percent, four times the rate of the U.S. overall.
Out of Iran, Says US Ambassador:
The news was disclosed by U.S. Ambassador to Germany Richard Grenell, who since taking up his Berlin posting in May – he presented his credentials on the same day President Trump announced the U.S. was exiting the Iran nuclear deal – has been encouraging the host government to isolate Iran and urging German companies to stop doing business there.
“Volkswagen has told us they will comply with U.S. sanctions on Iran,” Bloombergquoted Grenell as saying. “We are pleased with this decision because Iran diverts its economic resources away from its people to spread violence and instability across the globe.”
An investigation has found that websites are offering glowing reviews for £38. Others allowed owners to bulk buy reviews for less money, with one offering 10 positive reviews for £69.
One restaurant owner admitted to the paper he had already posted “a large number of positive reviews” but wanted further help to boost his ranking.
Very disappointed in the lead story last week! How about there are 777 college teams (an all time high) compared to 32 NFL teams!!!!! So of course the cumulative attendance of more than 350 games is going to be more than SIXTEEN!!! Don’t sell out trying to make the NFL look bad! The Biggest single NFL game is still multiples higher than the biggest college game. And most of those going to college games are also watching NFL games and many go to them too!
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