Talk:Personal income

Personal Income

Can Any one make me clear about what personal income stands for? And in an easiest way to understand... Mastaanathunt (talk) 10:31, 8 March 2018 (UTC)

India-specific content

Is there a reason that some of this article contains information specific to India? It looks like there was a very large edit that added much of this content. I'm not sure what the reason was for adding it. It looks like some of the India-specific content came from this blog post.

As a side note, I'm not sure that some of the sections that currently exist in this article belong (especially "Personal benefits of paying income tax" and "Public benefits of paying income tax"). At best, I think these should be moved to an article about income tax in particular.

Unless there are any objections, I will plan to remove the India-specific content and irrelevant sections. Please let me know if there's a reason I shouldn't do this, or just revert my edit(s) as necessary.

EnumBool (talk) 04:24, 26 June 2023 (UTC)

I've removed these sections. EnumBool (talk) 02:41, 1 July 2023 (UTC)

NWPI Ratio subsection

COI: I wrote the SSRN Working Paper and am not willing to try to add this myself here. Would someone please review and add it?

Proposed addition: NWPI Ratio subsection, reproducible metric derived from BEA NIPA Table 2.1

==== Non-Wage Personal Income Ratio ====

The composition of personal income — the proportion flowing from labor versus non-labor sources — is not captured by standard aggregate indicators such as median household income or GDP per capita. A reproducible metric proposed for this purpose is the Non-Wage Personal Income Ratio (NWPI Ratio), defined as:

NWPI Ratio = (Personal Income − Compensation of Employees) ÷ Personal Income

using BEA NIPA Table 2.1, Line 1 and Line 2. The resulting ratio measures the share of total personal income not derived from employment compensation — including proprietors' income, rental income, personal dividend income, personal interest income, and government transfer payments.

Calculated from BEA annual data, the broad NWPI Ratio rose from approximately 30.2% in 1980 to 39.7% in 2024, reflecting a structural shift in the composition of national personal income over the period. A narrower variant isolating ownership income only (rental income, personal dividends, and personal interest, NIPA Table 2.1 Lines 12, 14, and 15) rose from approximately 17.9% to 21.0% over the same period. The metric is fully reproducible from publicly available BEA data. TheProponent (talk) 19:05, 9 May 2026 (UTC)

 Not done. This is overly technical where it doesn't need to be. Moreover, the second ref only links to a general info page with no obvious way to get to whatever data you're talking about. It's also thus especially unclear why you've chosen those particular endpoints, and for all a reader knows, they could have been chosen specifically to exaggerate a trend, or even manufacture one that doesn't exist. Finally, it's unclear that there's any actual importance to this particular measure -- if anyone else has picked up on it and discussed it, it would help, but otherwise, it appears to be too novel to mention. Also, please stop using chatgpt; Wikipedia is written by humans. –Deacon Vorbis (carbon • videos) 20:49, 9 May 2026 (UTC)

References