The Age Curve: How to Profit from the Coming Demographic Storm

Generation X and Taxes

As you can see in Figure 16.1, household income peaks for wage earners in their late forties and early fifties. Then it falls off, creating a bell curve. I believe we can safely make the claim that this bell curve could represent the amount of income tax paid by the respective households as well, as income tax paid is tied to the amount of income. In addition, I think we can safely assume that the more money a household makes the more it spends, and that this fact would influence the amount of sales tax paid by these households. Finally, it would be safe to conclude that the biggest and most expensive homes would belong to those who could most likely afford them. So the biggest property tax burden falls to the biggest ...