Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years, 2 months ago

high marginal tax rates for low earners

  • they can act as disincentive to additional earnings;
  • they can give an incentive to behaviour that reduces reported income (including misreporting of circumstances to slip below particular thresholds);
  • they can lead to feelings of injustice, if those just below a threshold are treated much …
—p.138 Good years, bad years (111) by John Hills
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9 years, 2 months ago

who should live in social housing?

[...] Today, social housing--rented out at below market rates by councils and not-for-profit housing associations--is in many people's minds synonymous with housing people with low incomes. But it was not always like that--back in 1979, more than 30 per cent of people with incomes in the top half…

—p.132 Good years, bad years (111) by John Hills
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9 years, 2 months ago

both continuity and change

[...] there is both continuity and change in people's circumstances from year to year. We do not live in a country where there is an annual lottery to determine at random who is rich and who is poor for the coming year regardless of where they started last year. But nor do people generally stay s…

—p.114 Good years, bad years (111) by John Hills
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9 years, 2 months ago