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Japanese Households: Income & Expenditures
According to Japan's latest Family Income and Expenditure Survey (Savings and Liabilities), all 43,899,000 Japanese households in the second quarter of 2003, including retirees, spent an average of $708 or 9% of its monthly receipts for taxes, $400 or 5% for social security, $120 or 1.5% for education, $215 or 2.6% for housing, $602 or 7.4% for food, $80 or 1% for medical care, $263 or 3.2% for transportation, $315 or 3.9% for social expenses, and put an average of $3,275 or 40% into personal savings. At this rate, Japanese households will add another $1,775 billion to their Personal Savings in 2003. It reported that worker households in Japan in 2002 spent $1,373 or 11% for taxes, $591 or 5% for social security, $231 or 2% for education, $318 or 2.5% for housing, $737 or 6% for food, $127 or 1% for health care, $434 or 3.4% for transportation, $448 or 3.5% for social expenses, and put an average of $5,129 or 40% into personal savings. Comparatively, the Consumer Expenditure Survey from the Bureau of Labor Statistics, US Department of Labor, reports that receipts in the top earning US households are less than half as much as the average Japanese household, that they spend $243 or 6.1% for taxes, $383 or 9.7% for social security, $53 or 1.3% for education, $1,093 or 27.6% for housing, $472 or 11.9% for food, $185 or 4.7% for health care, $670 or 17% for transportation, $169 or 4.3% for social expenses, but took $322 or 8% OUT of personal savings. The big difference is that assets of the average Japanese household increased $3,275 per month while they DECREASED $322.in US households. Why, if our tax rate appears so low, did our personal savings decrease almost as dramatically as Japanese personal savings increased? The answers are hidden in numerous tax schemes in our extraordinarily higher social security, housing, medical, and transportation costs which as a percent of income are two times, eleven times, five times, and five times higher than Japan's, respectively. Where interest on debts for houses and land in the average Japanese household is $18, it's 13 times higher or $235 in American households. These higher interest payments are a hidden form of taxation, as it's the foreign owned Federal Reserve System who's the beneficiary. Excessive litigation, dangerous and deadly prescription drugs, and creative taxation schemes have driven our medical costs way beyond the point of no return, accounting for our 5 times higher medical costs. Neither our 16% higher per capita ownership of automobiles (481 vs. 413 passenger cars per 1,000 population), nor our equivalent maintenance costs, purchase prices, and public transportation costs, can account for our five times higher cost for transportation, which can only be explained by higher taxes, license fees, and forced automobile insurance premiums.
*Where federal taxes per US household appear to be low, actual deficit-ridden federal spending of $2,128 billion per year alone, excluding state income taxes, property taxes, and sales taxes, is $23,991 for each of the top earning $88.7 million US households. Conversely, the Japanese government's budget has always run at a surplus, with a $302 billion surplus in 2001. **Includes entertainment, communication, and other social expenditures.
http://www.bls.gov/cex/2001/Standard/income.pdf Table 2. Income before taxes: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2001 Complete reporting of income a/ Item
Total Less $5,000 $10,000 $15,000 $20,000 $30,000 $40,000 $50,000 $70,000
complete than to to to to to to to and
reporting $5,000 $9,999 $14,999 $19,999 $29,999 $39,999 $49,999 $69,999 over
Number of consumer units (in thousands)...... 88,735 4,100 6,829 8,099 7,014 12,075 10,508 8,737 12,480 18,892
Income before taxes b/ ...................... $47,507 $1,666 $7,675 $12,380 $17,282 $24,494 $34,456 $44,418 $58,943 $113,978
Income after taxes b/ ....................... 44,587 1,528 7,678 12,388 17,086 23,924 33,047 42,362 55,572 104,685
Age of the reference person.................. 48.0 39.4 54.1 55.4 53.0 49.5 46.8 45.3 44.8 45.5
Average number in consumer unit:
Persons..................................... 2.5 1.7 1.6 1.9 2.1 2.3 2.4 2.7 2.9 3.1
Children under 18........................... .7 .4 .3 .5 .5 .6 .6 .8 .8 .9
Persons 65 and over......................... .3 .2 .5 .5 .5 .4 .3 .2 .2 .1
Earners..................................... 1.4 .8 .5 .7 .8 1.1 1.4 1.6 1.8 2.1
Vehicles.................................... 2.0 1.0 .9 1.1 1.5 1.7 1.9 2.2 2.5 2.9
Percent distribution:
Male........................................ 52 41 32 37 45 50 53 56 60 63
Female...................................... 48 59 68 63 55 50 47 44 40 37
Homeowner................................... 65 33 43 51 54 58 62 69 77 87
With mortgage.............................. 40 14 13 13 19 25 36 46 58 71
Without mortgage........................... 25 20 30 38 35 32 26 22 19 16
Renter...................................... 35 67 57 49 46 42 38 31 23 13
Black....................................... 12 18 19 14 13 14 13 11 8 6
White and other............................. 88 82 81 86 87 86 87 89 92 94
Elementary (1-8)............................ 6 6 18 12 9 7 4 3 2 1
High school (9-12).......................... 38 38 50 50 52 48 42 40 33 19
College..................................... 56 55 31 38 39 44 54 56 66 80
Never attended and other.................... c/ c/ c/ c/ 1 c/ c/ c/ c/ c/
At least one vehicle owned or leased........ 88 61 62 71 85 90 94 95 97 97
Average annual expenditures.................. $41,395 $20,517 $16,625 $20,642 $25,028 $28,623 $35,430 $40,900 $50,136 $76,124
Food........................................ 5,662 3,497 3,051 3,406 3,763 4,499 5,071 5,904 6,851 9,066
Food at home............................. 3,253 1,974 2,101 2,210 2,524 2,904 3,136 3,488 3,742 4,565
Cereals and bakery products............ 481 296 313 340 376 436 450 501 543 683
Cereals and cereal products.......... 166 109 119 120 137 151 156 183 180 226
Bakery products...................... 314 187 194 220 239 285 294 318 362 456
Meats, poultry, fish, and eggs......... 869 553 594 599 729 821 883 910 974 1,145
Beef................................. 264 161 174 168 219 268 277 268 295 347
Pork................................. 188 131 144 148 173 179 189 185 204 236
Other meats.......................... 107 63 75 67 83 103 115 108 120 145
Poultry.............................. 159 97 101 120 129 135 150 170 200 212
Fish and seafood..................... 114 75 72 67 92 100 114 135 116 165
Eggs................................. 37 27 29 28 32 37 39 44 39 41
Dairy products......................... 352 198 211 218 274 315 334 378 410 513
Fresh milk and cream................. 146 97 98 103 126 136 145 163 161 188
Other dairy products................. 207 100 113 115 148 179 189 215 249 325
Fruits and vegetables.................. 545 332 357 395 439 501 527 572 603 754
Fresh fruits......................... 167 108 115 120 132 154 151 171 186 238
Fresh vegetables..................... 168 100 103 124 133 152 173 178 184 233
Processed fruits..................... 121 76 80 86 102 113 117 123 134 167
Processed vegetables................. 88 48 59 65 72 82 86 100 100 116
Other food at home..................... 1,007 596 627 658 707 831 941 1,127 1,212 1,470
Sugar and other sweets............... 122 75 86 76 93 108 105 141 141 176
Fats and oils........................ 89 57 71 70 67 79 90 98 104 113
Miscellaneous foods.................. 482 276 277 311 315 393 454 556 584 717
Nonalcoholic beverages............... 273 169 181 187 211 223 261 294 334 381
Food prepared by consumer unit on
out-of-town trips................... 41 20 13 14 21 29 31 39 49 82
Food away from home.................... 2,409 1,523 950 1,195 1,238 1,595 1,935 2,415 3,109 4,501
Alcoholic beverages......................... 386 385 186 223 249 227 326 412 436 695
Housing..................................... 13,120 7,307 6,021 7,472 8,305 9,525 11,006 12,248 15,356 23,622
Shelter.................................. 7,583 4,323 3,276 4,097 4,747 5,382 6,238 6,978 8,969 13,913
Owned dwellings........................ 4,905 1,902 1,289 1,705 2,063 2,558 3,396 4,192 6,306 11,035
Mortgage interest and charges........ 2,823 1,051 481 516 819 1,099 1,877 2,448 3,844 6,913
Property taxes....................... 1,176 523 507 653 686 737 832 913 1,372 2,432
Maintenance, repairs, insurance,other
expenses............................ 906 328 301 537 559 722 687 831 1,090 1,690
Rented dwellings....................... 2,197 2,056 1,865 2,253 2,494 2,601 2,589 2,497 2,108 1,656
Other lodging.......................... 481 365 122 138 191 223 253 289 556 1,222
Utilities, fuels, and public services.... 2,739 1,599 1,654 2,002 2,170 2,457 2,661 2,841 3,102 3,841
Natural gas............................ 402 214 226 317 307 352 382 403 464 579
Electricity............................ 989 608 667 769 825 943 976 1,038 1,088 1,293
Fuel oil and other fuels............... 110 72 74 90 105 116 102 105 101 152
Telephone services..................... 918 542 519 608 707 774 912 966 1,061 1,332
Water and other public services........ 319 162 168 217 227 271 288 329 387 485
Household operations..................... 672 248 290 353 323 428 509 541 688 1,465
Personal services...................... 296 95 87 135 91 181 244 258 308 672
Other household expenses............... 376 153 202 217 232 248 265 284 380 794
Housekeeping supplies.................... 566 298 299 312 369 414 495 579 747 930
Laundry and cleaning supplies.......... 148 93 104 98 122 111 148 165 190 194
Other household products............... 280 149 128 144 165 184 241 277 392 488
Postage and stationery................. 138 55 67 69 82 119 106 136 164 248
Household furnishings and equipment...... 1,561 839 502 709 695 844 1,103 1,309 1,850 3,473
Household textiles..................... 128 56 29 67 75 66 85 104 158 287
Furniture.............................. 388 137 110 199 157 209 238 333 437 899
Floor coverings........................ 43 d/ 8 14 30 11 20 24 38 38 108
Major appliances....................... 188 67 63 82 95 155 141 155 245 367
Small appliances, miscellaneous
housewares............................ 91 106 35 37 60 66 53 65 103 189
Miscellaneous household equipment...... 724 465 252 295 298 328 563 613 870 1,623
Apparel and services........................ 1,846 1,102 748 869 1,272 1,063 1,636 1,894 2,173 3,479
Men and boys............................. 458 267 163 167 298 269 372 407 609 901
Men, 16 and over....................... 368 241 140 120 224 203 303 319 488 737
Boys, 2 to 15.......................... 91 26 24 47 74 65 70 88 121 164
Women and girls.......................... 718 403 303 331 497 402 675 824 836 1,312
Women, 16 and over..................... 594 336 264 256 415 335 522 698 699 1,095
Girls, 2 to 15......................... 124 67 39 75 83 68 153 126 137 217
Children under 2......................... 89 37 29 52 66 51 93 90 119 150
Footwear................................. 321 277 160 200 255 182 316 335 364 536
Other apparel products and services...... 260 118 92 118 156 158 180 237 246 580
Transportation.............................. 7,919 3,417 2,727 3,539 4,624 5,644 7,549 8,672 9,888 13,892
Vehicle purchases (net outlay)........... 3,778 1,712 1,349 1,684 2,163 2,704 3,874 4,155 4,617 6,505
Cars and trucks, new................... 1,732 d/ 749 d/ 396 678 688 972 1,502 1,876 2,097 3,572
Cars and trucks, used.................. 1,999 939 937 1,006 1,440 1,732 2,324 2,235 2,439 2,837
Other vehicles......................... 47 d/ 23 d/ 17 e/ d/ 36 e/ d/ 47 d/ 44 80 96
Gasoline and motor oil................... 1,290 646 522 645 861 1,048 1,236 1,473 1,615 2,027
Other vehicle expenses................... 2,447 850 723 1,021 1,362 1,669 2,148 2,788 3,197 4,447
Vehicle finance charges................ 365 108 74 100 145 263 352 446 541 638
Maintenance and repairs................ 707 286 267 357 463 506 634 871 846 1,206
Vehicle insurance...................... 830 251 270 400 536 663 810 988 1,091 1,323
Vehicle rental, leases, licenses, other
charges.............................. 545 206 112 164 218 236 352 483 719 1,281
Public transportation.................... 405 209 132 189 237 223 292 257 459 913
Health care................................. 2,222 1,154 1,277 1,792 2,143 2,089 2,200 2,239 2,512 2,908
Health insurance......................... 1,058 486 643 854 988 1,045 1,090 1,140 1,187 1,314
Medical services......................... 593 386 224 297 468 453 544 547 785 958
Drugs.................................... 461 217 351 579 603 501 444 433 417 477
Medical supplies......................... 109 65 59 61 84 90 122 120 122 158
Entertainment............................... 2,028 923 630 790 1,292 1,187 1,620 1,958 2,638 3,986
Fees and admissions...................... 541 226 131 160 200 229 355 415 608 1,364
Television, radios, sound equipment...... 675 374 336 353 443 509 645 723 801 1,104
Pets, toys, and playground equipment..... 362 153 95 163 189 248 303 423 455 673
Other entertainment supplies,
equipment,and services.................. 450 170 68 115 460 200 317 396 773 846
Personal care products and services......... 514 349 262 287 346 402 543 541 600 794
Reading..................................... 148 69 54 82 93 103 121 137 180 274
Education................................... 638 878 486 259 359 271 292 433 748 1,358
Tobacco products and smoking supplies....... 327 284 234 266 313 326 353 415 372 315
Miscellaneous............................... 768 370 264 362 447 608 666 802 865 1,412
Cash contributions.......................... 1,324 433 357 591 609 901 1,053 1,181 1,616 2,743
Personal insurance and pensions............. 4,494 350 329 704 1,213 1,779 2,994 4,065 5,900 11,579
Life and other personal insurance........ 423 179 140 236 308 250 323 368 496 844
Pensions and Social Security............. 4,071 171 188 468 906 1,529 2,670 3,698 5,405 10,736
Sources of income and personal taxes: b/
Money income before taxes.................. 47,507 1,666 7,675 12,380 17,282 24,494 34,456 44,418 58,943 113,978
Wages and salaries....................... 38,334 1,589 1,987 4,594 8,331 15,656 26,238 36,720 50,801 98,785
Self-employment income................... 2,231 -1,032 77 62 427 690 1,217 1,419 1,898 7,463
Social Security, private and
government retirement................... 4,963 539 4,040 6,079 6,985 6,680 5,527 4,559 4,682 3,988
Interest, dividends, rental income,
other property income................... 951 -29 69 254 242 483 657 812 742 2,709
Unemployment and workers'' compensation,
veterans'' benefits..................... 171 d/ 43 51 61 180 169 161 261 224 219
Public assistance, supplemental security,
income, food stamps..................... 384 250 993 885 575 310 185 197 212 265
Regular contributions for support........ 315 172 296 276 317 353 355 357 251 345
Other income............................. 158 134 161 170 225 155 116 94 132 204
Personal taxes............................. 2,920 138 -2 -8 196 570 1,409 2,056 3,371 9,293
Federal income taxes..................... 2,237 66 -48 -83 66 358 968 1,477 2,558 7,380
State and local income taxes............. 555 36 7 36 46 133 328 445 674 1,643
Other taxes.............................. 129 36 39 39 84 78 113 134 139 270
Income after taxes......................... 44,587 1,528 7,678 12,388 17,086 23,924 33,047 42,362 55,572 104,685
Net change in total assets and liabilities... -3,858 436 -1 -675 -1,174 -868 -2,020 -3,110 -12,805 -5,912
Net change in total assets............... 4,144 2,299 2,746 696 -263 2,665 2,966 5,656 -238 11,962
Net change in total liabilities.......... 8,002 1,863 2,748 1,371 912 3,533 4,985 8,766 12,567 17,874
Other financial information:
Other money receipts..................... 436 319 229 344 447 306 216 446 537 708
Mortgage principal paid on owned
property................................ -1,394 -536 -229 -520 -408 -554 -910 -1,102 -1,603 -3,544
Estimated market value of owned home..... 97,681 41,007 49,326 53,907 58,377 61,612 72,720 79,331 115,123 194,720
Estimated monthly rental value of owned
home.................................... 669 296 300 409 435 459 546 601 782 1,239
Gifts of goods and services................. 1,079 521 434 443 596 694 796 966 1,226 2,266
Food..................................... 76 24 18 13 54 26 52 42 85 199
Alcoholic beverages...................... 15 34 11 4 13 5 12 14 9 32
Housing.................................. 274 128 131 152 148 190 215 217 336 534
Housekeeping supplies.................. 46 33 11 21 26 31 42 40 62 85
Household textiles..................... 15 d/ 2 d/ 1 d/ 5 d/ 2 8 7 7 16 45
Appliances and miscellaneous
housewares........................... 26 d/ 21 d/ 6 12 20 23 12 22 32 50
Major appliances..................... 7 e/ e/ d/ 2 d/ 3 7 d/ 2 10 10 13
Small appliances and miscellaneous
housewares......................... 19 d/ 21 d/ 6 9 17 16 10 12 22 37
Miscellaneous household equipment...... 65 19 28 17 34 45 70 69 101 106
Other housing.......................... 123 54 86 97 66 83 84 79 126 248
Apparel and services..................... 259 148 137 129 192 158 260 242 285 470
Males, 2 and over...................... 69 43 48 24 59 57 63 81 75 107
Females, 2 and over.................... 97 64 51 44 55 49 97 69 101 206
Children under 2....................... 44 12 17 20 33 28 45 48 62 73
Other apparel products and services.... 49 28 21 41 45 24 55 44 47 83
Jewelry and watches.................. 19 d/ 15 d/ 6 8 14 9 20 19 17 38
All other apparel products and
services............................ 30 d/ 13 d/ 15 d/ 34 31 16 35 26 30 45
Transportation........................... 84 10 52 7 23 103 24 163 88 151
Health care.............................. 37 d/ 13 d/ 3 d/ 16 d/ 42 24 15 24 58 73
Entertainment............................ 79 37 37 33 37 53 70 80 84 159
Toys, games, hobbies, and tricycles.... 32 9 12 11 18 23 32 37 41 55
Other entertainment.................... 48 28 25 22 19 30 39 43 43 104
Personal care products and services...... 24 54 14 10 7 19 46 12 30 27
Reading.................................. 1 c/ 1 1 c/ 1 1 1 2 2
Education................................ 149 36 16 30 58 61 40 86 143 456
All other gifts.......................... 81 38 15 48 22 52 60 86 106 163
a See "Quintiles of income before taxes" table for expenditures and income of all consumer units and incomplete income reporters. b Components of income and taxes are derived from "complete income reporters" only; see glossary. c Value less than 0.5. d Data are likely to have large sampling errors. e No data reported. |
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Modified Tuesday, November 02, 2010 Copyright @ 2010 by Fathers' Manifesto & Christian Party |
