Celebrating humanity's flourishing through the spread of capitalism and the rule of law
07 May 2016 Leave a comment
in politics - New Zealand, public economics Tags: entrepreneurial alertness, Leftover Left, reactionary left, superstar wagers, superstars, top 1%
The share of incomes of the top 1% in New Zealand has not increased since the 1950s – they are just bone lazy at extracting labour surplus.
Veteran left-wing grumbler Max Rashbrooke was good enough to collect Inland Revenue Data data that show that getting even lazier under right-wing government elected in 2008. Their share of taxable income has dropped from 9% when labour lost power to 8.4% now. These figures exclude capital gains.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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