Apparently the junk tank that calls itself the #taxpayersunion has put out a report saying that inequality in NZ is decreasing.
Conveniently they cherry picked data which doesn’t take into account a) the full time period for which we can look at, which stretches before and after the period they chose, and b) capital gains, which contribute far more to the income of the rich than the poor.
Fortunately Max #Rashbrooke at the #InstituteforDemocraticandEconomicAnalysis does a superb job of analysing what they did (and more importantly didn’t) include.
https://goodideasnz.substack.com/p/is-the-taxpayers-union-right-that


