The distribution of household income in the United States becomes more unequal after taxes and transfer payments are taken into account.

Household Income

The combined gross income of all members of a household, typically measured over a set period of time, such as a month or a year.

Taxes

Compulsory financial charges imposed by a government on individuals, corporations, or transactions to fund public services and government activities.

Transfer Payments

Monetary payments made by governments that do not correspond to the provision of goods or services in exchange, such as welfare benefits.