South Carolina Middle income is dying.

South Carolina Middle income is dying.

Posted in the Union Forum

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Livingston, TN

#1 Feb 12, 2016
South Carolina needs Bernie Sanders as President

South Carolina Middle income is dying.

This all Started under George W.Bush who lied about IRAQ and got over 4000 American Soldiers killed with Over 40,000 Injured. Bush also sent Millions of Jobs to Mexico, China and India because of a law signed by Bill Clinton.Leaving Millions of America Workers without a Pay check and leading them into Poverty. Hillary is Part of Bill. Remember Bernie Sanders can help us all.

Bernie is for breaking up Big Banks and Oil Companies,Health Care,and Drugs Companies.. Hillary takes Money from these Corps. Bill and Hillary has Taken from Banks over $1.7 Million Dollars since 2001 The Clinton's are not for South Carolina

> Middle income growth 2010-2014:-1.6%

> Fifth quintile income growth 2010-2014: 2.5%(21st lowest)

> Fifth quintile share of income: 50.3%(19th highest)

> Middle class household income:$45,236 (9th lowest)

High unemployment and low union membership in South Carolina may partially explain why the middle class is doing so poorly. From 2010 through 2014, middle class incomes fell 1.6%, more than double the national decline. Meanwhile, incomes among the top 20% of households grew by 2.5%, and household incomes of the top 5% grew faster still, increasing by 4.2%. Currently, the top 20% of earners control more than half of all income in the state, up from five years earlier. The state also levies a 6% sales tax, one of the highest nationwide. Many argue sales taxes are regressive, because poorer residents tend to spend a larger share of their income on taxed goods and services.
Read more: States Where the Middle Class Is Dying - 24/7 Wall St.
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