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CENSUS BUREAU RELEASES INCOME, POVERTY ESTIMATES REFLECTING EXPANDED INCOME DEFINITIONS
- Article from:
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US Fed News Service, Including US State News
- Article date:
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February 14, 2006
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The U.S. Department of Commerce's Bureau of the Census issued the following press release:
A U.S. Census Bureau report, The Effects of Government Taxes and Transfers on Income and Poverty: 2004 was released today. The report provides alternative national poverty rates that range from 8.3 percent, using a more comprehensive definition of income that includes the value of noncash benefits and excludes taxes, to 19.4 percent, using another definition of income that excludes all government payments and does not deduct taxes. The official U.S. poverty rate of 12.7 percent was announced last summer.
This is part of an ongoing Census Bureau effort to understand economic well-being and poverty in ...