The purchasing power of high-income earners grows, that of single parents weakens — example households illustrate growing divergence between households
Representative Households 2025–2027
Labore’s autumn 2025 example household calculations track the development of income, taxes, tax-like payments, and purchasing power for eight fictitious households. Purchasing power growth is concentrated among working and high-income households. The child increment in the earned income tax credit improves the income of families with children, but the most significant benefits of the tax changes are concentrated among high-income households. The development of single parents’ purchasing power thus ranks among the weakest of the households examined. (AI translation)
- Milla Nyyssölä
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