Source: topincomes-parisschoolofeconomics
Note: top 1% income share data for adults for New Zealand adults go back only as far as 1953.
The top 1% in New Zealand have had a good 60 years to immiserate the proletariat and what are they done? Nothing!
The top 1% share of national income is much the same as it was in 1953! The Australian top 1% haven’t done much better. Bludgers, the lot of them.
What do the Occupy movement have to protest about in New Zealand if the rich haven’t been getting richer?
Utopia, you are standing in it! 
Dec 16, 2014 @ 16:50:39
What happened in 1998? Is that a change in the tax regime? But it looks like a timing shock… did they change the definition of a financial year or something?
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Dec 16, 2014 @ 17:01:14
The top tax rate was increased from 33% to 39% by the incoming Labour government in 1999.
Their victory was very much expected in the year or so before the election, so people would have bought forward income.
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