Tuesday, April 12, 2016

FINANCE MINISTER'S PHANTASY NUMBERS

Chart 5 in the budget is a finance minister setting out a problem: The rich are getting richer while the rest of us are not doing well. In fact, the rest of us, since 2000 and especially since 2005 have been doing better than the rich, the exact opposite of what the finance minister would have you believe.
 

1 comment:

  1. Here's a thought: the uber-wealthy are becoming increasingly skilled at hiding their earnings offshore to avoid taxation; because that's what "progressive" income taxation does. It inspires the wealthy and successful to hire the best lawyers, accountants and financiers that money can buy to make it disappear! POOF

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