Friday, July 30, 2004 10:03:50 AM
1. The most recent years available, which they are talking about, is 2001 & 2002. 2003 numbers have not been compiled (probably because we are within the automatic extension date).
2. The IRS is reporting the total adjusted gross income, including wage plus things like schedule C (small business) and D (stock market). This has to be considered separately from wages (which was the context of the earlier discussion). (Although certain stock transactions are included as part of wages by the IRS.)
No doubt about it, it has been a lean few years!
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