Friday, August 05, 2005

The wealthy poor, that's rich in Australia

There's no such thing as a fair tax.For those interested in redistributing wealth consider these interesting facts in Australia:
People on incomes of less than $200 a week control 15 per cent of the nation's wealth.

And a study of the distribution of wealth and income by the Australian Bureau of Statistics found high-earning households, with after-tax incomes of more than $1000 a week, had a surprisingly high number of people with few investments.
The Australian