In a new note to clients, UBS's U.S. economics team led by Maury Harris and Drew Matus includes a chart breaking down the savings rates of Americans in various income levels. As expected, people making more money save a bigger chunk of their paychecks. Harris and Matus argue we should take note of this because they believe this buffer will blunt the impact of recent tax hikes. "We believe that the recently legislated higher household sector ...
http://www.businessinsider.com/chart-savings-rate-by-income-level-2013
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