So no change from last year. Good to know (it could have shrunk).
In the USA under 5% own half
Key_Duck_6293 on
Contrary to what the graph bro’s in the comments would have you believe, having wealth this concentrated is a bad thing.
They’ll bring up the Gini coefficient, which is considered flawed because it is a highly simplified, one-dimensional metric that often fails to capture the complexity of inequality, ignores wealth mobility, and struggles with data limitations like shadow economies. It can yield identical scores for different income distributions, is insensitive to extreme poverty or wealth, and does not account for age or government support, making it an unreliable sole indicator of economic fairness.
1reallyhatemondays on
In Ireland, income tax (PAYE and USC) is highly progressive, with the top 1% of earners (those with incomes over €290,000) contributing nearly 25% of all income tax in 2024, while the top 10% (earning over €102,000) contribute 55%. The top 23% of earners (those over €50,000) pay 77% of total personal tax, highlighting a heavy reliance on high-income earners.
Almost as if that 10% pay their taxes for it as well..
InevitableSure374 on
Yet again we see that you can spin any stats into a report to cause any sort of reaction you like. Buy a house. Your wealth increases, but you cant access that wealth unless you sell the house.
Fyodors-Zossima on
Half the wealth and all the attitude. Horrible horrible people
mother_a_god on
And they pay 63% of the income tax/USC.
Professional_Elk_489 on
I love how they command it
That’s how they get it
Heatproof-Snowman on
Link to the actual report from the central bank which actually gives a better big picture with visuals than the convoluted write-up of the IT: https://www.centralbank.ie/docs/default-source/statistics/data-and-analysis/financial-accounts/household-wealth-data/household-releases/household-wealth-report—2025-q3caff0f144644629bacc1ff0000269695.pdf?sfvrsn=73bb6d1a_0
muttonwow on
These are the guys who have been posting about the removal of Deemed Disposal being their number 1 issue, as it will help “squeezed middle class” people like them.
They also say they disapprove of FFG, but vote for them every time because “there’s no credible opposition”
11 commenti
From the report: looking good lads.
https://preview.redd.it/4x0gaa9wvulg1.png?width=883&format=png&auto=webp&s=4818ae38f5c60e8747d06ed89bf56b3de891b17f
So no change from last year. Good to know (it could have shrunk).
In the USA under 5% own half
Contrary to what the graph bro’s in the comments would have you believe, having wealth this concentrated is a bad thing.
They’ll bring up the Gini coefficient, which is considered flawed because it is a highly simplified, one-dimensional metric that often fails to capture the complexity of inequality, ignores wealth mobility, and struggles with data limitations like shadow economies. It can yield identical scores for different income distributions, is insensitive to extreme poverty or wealth, and does not account for age or government support, making it an unreliable sole indicator of economic fairness.
In Ireland, income tax (PAYE and USC) is highly progressive, with the top 1% of earners (those with incomes over €290,000) contributing nearly 25% of all income tax in 2024, while the top 10% (earning over €102,000) contribute 55%. The top 23% of earners (those over €50,000) pay 77% of total personal tax, highlighting a heavy reliance on high-income earners.
Almost as if that 10% pay their taxes for it as well..
Yet again we see that you can spin any stats into a report to cause any sort of reaction you like. Buy a house. Your wealth increases, but you cant access that wealth unless you sell the house.
Half the wealth and all the attitude. Horrible horrible people
And they pay 63% of the income tax/USC.
I love how they command it
That’s how they get it
Link to the actual report from the central bank which actually gives a better big picture with visuals than the convoluted write-up of the IT: https://www.centralbank.ie/docs/default-source/statistics/data-and-analysis/financial-accounts/household-wealth-data/household-releases/household-wealth-report—2025-q3caff0f144644629bacc1ff0000269695.pdf?sfvrsn=73bb6d1a_0
These are the guys who have been posting about the removal of Deemed Disposal being their number 1 issue, as it will help “squeezed middle class” people like them.
They also say they disapprove of FFG, but vote for them every time because “there’s no credible opposition”
Go on the paddies. Accumulating wealth nicely