“In 2023, American Baby Boomers owned 52% of the country’s net wealth despite comprising only 20% of the population. Based on Federal Reserve data, this graphic, via Visual Capitalist’s Bruno Venditti, illustrates the distribution of wealth in the United States from 1990 to 2023 by generation.”
CLINE: MA Refugees Have Brought $6 Billion in Personal Income to NH Since 2012
Movers from Massachusetts to New Hampshire brought with them $5.95 billion in net adjusted gross income (AGI) from 2012-2023, IRS data show, representing a massive transfer of wealth from the high-tax Bay State to low-tax New Hampshire. New Hampshire’s net personal income gain from Massachusetts movers grew tenfold from 2012-2019, then suddenly doubled to a … Read more