Tax records a trove of information on how people move up and down income ladder
Published 10/12/2015 | 02:30
How wealth is spread is an important matter for all societies. Even more important is how fairly opportunities to become wealthy are spread.
Last Friday, some fascinating and grounding-breaking new findings about equality in Ireland were published which tell us more than we have ever known before about how people move up and down the income ladder over time.
In an unprecedented move, the taxman gave research boffins access to Revenue records (don't worry - your tax affairs remain private as the records were all made anonymous). In short, we now have a better idea of the degree to which people who start on the lower rungs of the earnings ladder end up at the top, and how many among the already rich fall down the income ladder.