Nimrod103 wrote:Wuffle wrote:Despite all of these heinous redistributive taxes, rich people tend to stay rich and poor people tend to stay poor. The economy would appear to be redistributive the other way and is the larger proportion.
W.
The way out of being poor is to have a job, yet:
Yet indeed...
"Employment rates have been at or near record highs, the number of workless households has halved since the mid-1990s, and the fraction of lone parents in work has pretty much doubled. Worklessness and associated poverty have by no means gone away, but they are a smaller problem than they once were. Today’s big problems are different — not so much the number of jobs, but the quality of those jobs, and the rates of poverty now faced by people in work.
Back in the 1990s just over a third of those living in poverty (or to put it another way, towards the very bottom of the income distribution) were living in a household in which someone was in work. That fraction has now reached something like 60 per cent. The majority of the poor are in work or live in a household where someone is working." https://ifs.org.uk/articles/lots-more-people-are-working-jobs-keep-them-poverty