This week’s map comes a day late because of the long Labor Day weekend. We’ve taken IRS county-level data and used it to show wages and salaries (Form 1040 Line #7) as a percentage of adjusted gross incomeFor individuals, gross income is the total of all income received from any source before taxes or deductions. It includes wages, salaries, tips, interest, dividends, capital gains, rental income, alimony, pensions, and other forms of income. For businesses, gross income (or gross profit) is the sum of total receipts or sales minus the cost of goods sold (COGS)—the direct costs of producing goods, including inventory and certain labor costs. (Form 1040 Line #37) for each county:
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View previous Monday maps here.
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