This video shows the perception people have about wealth distribution in this country. They believe the richest 20 percent has more than their share of the wealth, but their perceptions are nowhere close to the reality. 121 more words
Tags » Distribution Of Wealth
‘Indeed, while the Coalition rails against Labor for ”class warfare”, the biggest class warrior in Australia today is Abbott. He is cutting income support payments (effectively a reduction in the unemployment benefit), axing the Schoolkids Bonus (a targeted measure to help families), and talking about outsourcing DisabilityCare. 130 more words
‘Axing the Low Income Superannuation Contribution will hit 3.6 million low-income workers, of which nearly two-thirds are women.’
‘Treasury has estimated that 36.1 per cent of the $14.2 billion tax concessions for superannuation contributions went to the top 10 per cent of income earners. 29 more words
Let’s Talk Opinion in continuation of Social Mobility
Britain and the US have always shared a special relationship. This relationship is due to more than a shared history and language, more than a predominantly liberal outlook on what society and politics ought to be, more even than a commitment to democracy and certain commonalities at the level of culture, norms and values. 546 more words
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A simple idea for eliminating poverty is garnering greater attention in recent weeks: automatically have the government give every adult a basic income.
The Atlantic’s Matt Bruenig and Elizabeth Stoker brought up the idea a few weeks ago when they contemplated cutting poverty in half, and Annie Lowrey revisited it in today\’s issue of the New York Times Magazine.