INCOME AND EXPENSES OF LOW INCOME HOUSEHOLDS IN SMALL AND MID-SIZED CITIES OF THE U.S.

The article cites a survey that determines the facts concerning the precarious economic existence of the households in the U.S. It found that tax and interest payments on debts constitute obligatory expenses for a family. It also shows that low income households on average have to set aside 20 cents out of each dollar increase in income to meet taxes and interest payments.