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Article: BC's top earners gained, lower income people lost, inequality study reports.(Income Security)(Brief Article)
- Article from:
- Community Action
- Article date:
- January 24, 2005
CopyrightCOPYRIGHT 2005 Community Action Publishers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER -- "We spent much of the 1990s fretting about the confidence of upper-income earners," said Marc Lee, author of New Perspectives on Income Inequality in BC, "It turns out they were doing just fine. The real story should have been growing inequality and the decline of incomes at the bottom."
Top income earners received more and people at the bottom received less, according to the report published by the Canadian Centre for Policy Alternatives. The report is based on survey data, tax data and census data.
"Higher inequality was primarily driven by changes in market incomes," said Lee. "But the tax and transfer system also became less effective ...