Taxation Statistics and Income Inequality in Australia: 1955-56 to 1974-75

Ternowetsky, Gordon

doi:10.1177/144078337901500203

Cited by 5 publications

(2 citation statements)

References 4 publications

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“…Hancock (1970) uses data from 1950 to 1966 (see Ingles, 1981, 17) for actual income, taxable income and after tax income. Harris (1970) used income tax data to examine the distribution for tax years 1955 and1965;Ternowetsky (1979Ternowetsky ( ) used data from 1955Ternowetsky ( to 1974. As these dates illustrate, one of the attractions of income tax data is that they cover a long span of years.…”

Section: Introductionmentioning

confidence: 99%

The Distribution of Top Incomes in Australia

Atkinson¹,

Leigh

2006

SSRN Journal

113

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Using taxation statistics, we estimate the income share held by top income groups in Australia over the period 1921-2002. We find that the income share of the richest fell from the 1920s until the mid-1940s, rose briefly in the postwar decade, and then declined until the early-1980s. During the 1980s and 1990s, top income shares rose rapidly. At the start of the twenty-first century, the income share of the richest was higher than it had been at any point in the previous fifty years. Among top income groups, recent decades have also seen a rise in the share of top income accruing to the super-rich. Trends in top income shares are similar to those observed among other elite groups, such as judges, politicians, top bureaucrats and CEOs. We speculate that changes in top income shares may have been affected by top marginal tax rates, skill-biased technological change, social norms about inequality, and the internationalisation of the market for English-speaking CEOs.

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Section: Introductionmentioning

confidence: 99%

The Distribution of Top Incomes in Australia

Atkinson¹,

Leigh

2006

SSRN Journal

113

View full text Add to dashboard Cite

show abstract

“…Hancock (1970) uses data from 1950 to 1966 (see Ingles, 1981, p. 17) for actual income, taxable income and after tax income. Harris (1970) uses income tax data to examine the distribution for tax years 1955 and 1965; Ternowetsky (1979) uses data from 1955 to 1974. As these dates illustrate, one of the attractions of income tax data is that they cover a long span of years.…”

Section: Introductionmentioning

confidence: 99%

The Distribution of Top Incomes in Australia*

Atkinson¹,

Leigh

2007

Economic Record

101

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Using taxation statistics, we estimate the income share held by top income groups in Australia over the period 1921–2003. We find that the income share of the richest fell from the 1920s until the mid‐1940s, rose briefly in the postwar decade, and then declined until the early 1980s. During the 1980s and 1990s, top income shares rose rapidly. At the start of the twenty‐first century, the income share of the richest was higher than it had been at any point in the previous 50 years. Among top income groups, recent decades have also seen a rise in the share of top income accruing to the super‐rich. Trends in top income shares are similar to those observed among other elite groups, such as judges, politicians, top bureaucrats and chief executive officers.

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Inequality, Welfare and the State: Distribution and Redistribution in Australia

Head

1980

The Australian and New Zealand Journal of Sociology

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Taxation Statistics and Income Inequality in Australia: 1955-56 to 1974-75

Cited by 5 publications

References 4 publications

The Distribution of Top Incomes in Australia

The Distribution of Top Incomes in Australia

The Distribution of Top Incomes in Australia*

Inequality, Welfare and the State: Distribution and Redistribution in Australia

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