Top Tweets for #IncomeDistribution
Yi Fuxian argues that household income has steadily declined as a share of the economy, signaling a return from the relatively liberalized 1980s toward a “big government, small household” model.
#IncomeDistribution #StateVsSociety #ChinaEconomy
GST Burden & Wealth Inequality: An Analytical UPSC Civil Services Assessment 📊⚡ #UPSC2026 #GSTBurden #WealthInequality #CivilServices #IASPrep #CurrentAffairs #TaxationPolicy #ExamPrep #UPSCMains #PrelimsMCQ #EconomicPolicy #SocialJustice #IncomeDistribution #StudyMaterial #ViralEducation #CompetitiveExams #IASExam #GovernmentJobs #UPSCStrategy #ExamSuccess
🔥 PRELIMINARY EXAMINATION CORE FACTS ✅ #UPSCPrelims #MCQMastery #EconomicFacts
📊 GST Distribution by Income Groups (Oxfam 2023)
Poorest 50%: Pay 64.3% (nearly two-thirds) of total GST collections
Middle 40%: Contribute approximately one-third of GST revenue
Richest 10%: Pay only 3-4% of total GST collections
Tax Burden Ratio: Bottom 50% pays 6 times more as percentage of income vs top 10%
Report Source: "Survival of the Richest: The India Story" by Oxfam International
💰 GST Revenue Statistics
2021-22 Collections: ₹14.7 lakh crore total GST collected (Centre + States)
2022-23 Projection: ₹18 lakh crore (20% increase from previous year)
2023-24 Achievement: ₹20.18 lakh crore (11.7% growth from FY23)
Current Trend: GST collections touching ₹22+ lakh crore in recent periods
Revenue Growth: Consistent double-digit growth in GST collections since 2019
🏠 Wealth Concentration Data
Top 1% Ownership: 40.6% of India's total wealth (2021 data)
Top 10% Control: More than 72% of national wealth
Bottom 50% Share: Only 3% of total national wealth
Billionaire Count: Increased from 102 (2020) to 166 (2022)
Poverty Numbers: 228.9 million Indians below poverty line
📈 Tax Structure Impact
Indirect Tax Burden: Bottom 50% spends 6.7% of income on indirect taxes
Middle Class Impact: Middle 40% spend 3.3% of income on indirect taxes
Rich Contribution: Top 10% spend only 0.4% of income on indirect taxes
Essential Goods: Higher GST rates on daily necessities affecting poor disproportionately
Fully understanding how #taxes affect the #IncomeDistribution requires accounting for how #TaxEvasion affects factor and product prices. Read more in this article by James Alm @Tulane and @mkasper_ @EuckenInstit:
https://t.co/G4u4EbQmmS
Predicting Income Distributions with Minimal Data: A Game-Changer for Economic Forecasting
https://t.co/zc9XfQU0fx
#IncomeDistribution #EconomicForecasting #MachineLearning #AI #PolicyInnovation #DataDriven #GlobalEconomy #BayesianInference #PovertyAlleviation @WorldBank
Chief Economic Advisor says Post-Covid the poor have done better
Watch: https://t.co/XhIERxFith | #VAnanthaNageshwaran #PostCOVID #India #IncomeDistribution #MiddleClass
India sees 74 pc drop in income disparity since AY15, direct tax collection highest in 14 years
https://t.co/gJeqfxCub5
#IncomeDisparity #EconomicGrowth #SBIReport #IncomeDistribution #LowerIncomeGroup #TaxReform #DirectTaxes #IncomeTaxReturn #ITR #Taxes
💡 Discussion: How can Central Banks ensure that the benefits and costs of price stability are fairly distributed?
🔗 Read the Full Study here 👇
https://t.co/Ci6hRJcu5E
#Disinflation #MonetaryPolicy #IncomeDistribution #CentralBanking
The mixed economy? It's a mess! 🧹
Max Molden tries to sort out some issues with justice at #EconLog: https://t.co/vWBHTSk7Pc #MixedEconomy #MarketEconomy #IncomeDistribution
The study investigated the relationship between electricity access & infant mortality at the sub- national level in Ghana, controlling for correlates such as birth interval, children living with both parents, #womenseducation, & #incomedistribution.
More- https://t.co/ZRKRLqa5GQ
At the bottom of the income distribution, 42% find it difficult or very difficult to live on their current income. Among the top 20%, three-quarters report that they can live comfortably. #ESS10 #Survey #LoveIrishResearch #IncomeDistribution https://t.co/zEkDvWDnMd
How to measure #IncomeInequality ? @IjaTrapeznikova at @RoyalHolloway discusses different concepts in this @IZAWorldofLabor publication: 'Measuring income inequality'. #GiniCoefficient #IncomeDistribution #TheilIndex #LorenzCurve
Read here: https://t.co/phLySmijKP
Record high: In 2022, the number of renter households with incomes of more than $1 million reached 4,453, more than four times the count in 2017. Additionally, the number of renters earning over $200,000 a year is up fourfold since 2010. #RentalTrends #IncomeDistribution
The income mix across ventiles -this time beyond Europe - Mali ML20, Brazil BR22, Israel Il21, Georgia GE21. Taxes and contributions are not captured in Mali and Georgia. #incomedistribution
The income mix across income ventiles of 4 recently added countries in @lisdata - income reference year 2020
#incomedistribution
The income mix across income ventiles of 4 recently added countries in @lisdata - income reference year 2020
#incomedistribution
New SustAgable working paper is now published by @Ilmakun @uotinen_joonas @mjvaal
Association between age and subjective economic hardship across the income distribution in Europe
https://t.co/ylmj0PGI1O
#workingpaper #age #incomedistribution
@Akatemia_STN
🆕#WorkingPaper: “In-group bias in preferences for redistribution: a survey experiment in Italy” by Riccardo Bruni, Alessandro Gioffré and Maria Marino.
Read the full text👉🏻 https://t.co/X63RjaH6Rv
#EconTwitter #IncomeDistribution #Migration #Economics #Research
#Bangladesh is increasingly becoming a very unequal country as the disparity between #incomedistribution and consumption has been growing for years, said the Citizen's Platform for #SDGs, Bangladesh today.
https://t.co/Xgr9RvIDr0
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