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mahatmakanejeeves

(57,425 posts)
Mon May 13, 2019, 10:43 AM May 2019

Perhaps one of DU's accountants could show me where on a Form 1040 one notes one's ethnic heritage.

"Asian taxpayers received an average tax cut of $2,560?" How would the IRS know?

Asian Americans are winning with @realDonaldTrump:

2.1% unemployment rate – the lowest in history!

Asian taxpayers received an average tax cut of $2,560.

Awesome news! #APAHM


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Perhaps one of DU's accountants could show me where on a Form 1040 one notes one's ethnic heritage. (Original Post) mahatmakanejeeves May 2019 OP
Well hell...all you have to do is look at the names. Lochloosa May 2019 #1
Interesting question. Igel May 2019 #2
I believe that the census department runs ongoing studies Renew Deal May 2019 #3

Igel

(35,300 posts)
2. Interesting question.
Mon May 13, 2019, 03:40 PM
May 2019

If I wanted to do this, I'd want to know if there's any way to figure out what "Asian" income levels are and the relative numbers of each.

I could go to this site, for instance: https://statisticalatlas.com/United-States/Household-Income , which claims to get the information from the Census Bureau.

The household survey does include questions about race and income, so it's not implausible that it's fairly accurately sourced.

That would give me median incomes. I could cross reference with likely family structure and run trial numbers for different target families to find the likely reduction in tax liability. Do that for 20 or so representative families, run the numbers through a model connecting populations to my representative families (by looking at frequency in each interval of 5%) and I'd have a rough average number.

A check on this might be https://www.pewsocialtrends.org/2018/07/12/income-inequality-in-the-u-s-is-rising-most-rapidly-among-asians/. (It's not much of a check: "These are among the key findings from a new Pew Research Center analysis of American Community Survey (ACS) data from the U.S. Census Bureau in conjunction with decennial census data." At best it's a parallel analysis, so it's a constraint on the analytical tools and not on the validity of the underlying data.)

Unemployment data is collected separately and has always included breakdowns by whatever racial categories were deemed defining, at least for as long as I've seen numbers reported for whites and blacks. I assume that Latinos/Hispanics were added at some point, Native Americans were simply not reported where I lived because of low population numbers, and that Asians were also added at some point.

Have no idea what the rest of the OP says. Doesn't strike me as an interesting thing to pursue beyond this. And news-by-tweet has never struck me as news-by-reliability.

Renew Deal

(81,856 posts)
3. I believe that the census department runs ongoing studies
Mon May 13, 2019, 03:42 PM
May 2019

But I don't know if that's where this came from. It can also be correlated by zip code or other less precise ways.

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