Ireland maintains, one of, the most unequal distribution of market income in Europe, many are yet to report. The share of the top 20% is 16 times the bottom 20%’s share.
Ireland maintains, one of, the most unequal distribution of market income in Europe, many are yet to report. The share of the top 20% is 16 times the bottom 20%’s share.
8 comments
[The share of Irish market income going to the top 5th of the population relative to the bottom 5th is 50% higher in Ireland than the EU average (15.7 times (2021) v 9.7 (2020) Ireland leads in inequality in Europe and is far more unequal than even the next most unequal (Romania)](https://twitter.com/NERI_research/status/1557688777174401030?s=20&t=jYkIc-gDc13nLkHpSfPVWw)
Looks like the analysis looks at gross and fails to take into account our high redistribution levels.
https://www.rte.ie/brainstorm/2020/1119/1179134-ireland-income-inequality/
https://www.irishtimes.com/business/economy/income-inequality-in-ireland-the-devil-is-in-the-detail-1.4653255
But Ireland is a fantastic place to live – every redditer here.
This is akin to disinformation, as what matters is the inequality after tax redistribution not the inequality before tax redistribution, as that’s the freaking point of tax redistribution
Ireland is a very class-based society. You would never find that out from this reddit tho 🙂
People don’t realize how very unique this is: [https://imgur.com/a/hZxnzDs](https://imgur.com/a/hZxnzDs) (private beach property, locking out people from the shore)
What is the multiple of tax paid by the top 20% vs the bottom 20%?
From the OECD:
Ireland has the most progressive system of taxes and transfers of any OECD member. Ireland ranks 32 of
34 among OECD members for income inequality before taxes and transfers. Taxation and transfers does more to reduce income inequality than in any other member. However, compared to other OECD countries, Ireland remains moderately unequal after taxes and transfers, ranking 15 of 34
Some people work more than others. Some are smarter than others. Some will work a job they hate just because it pays well. Some can do work others can’t or won’t. Then there are others that are just lucky.
There’s an amount of inequality that isn’t just ok but essential. Someone working a job that is stressful and requires years of specialised experience deserves to be compensated more than someone working at something low skilled and mindless. As long as our redistribution system is working like others here have said then that’s what counts.