, 4 tweets, 2 min read Read on Twitter
At PMQs Corbyn claimed we are "seeing the rich get richer while the poor get poorer".

It's literally the other way round - income growth since 2010 has been strongest for poorer households because of record employment + Living Wage + tax cuts. Only fall was in top 10%. (1/)
The whole implication of Corbyn's attack was that inequality has increased. But actually it is down compared to the last Labour government, however you measure it (2/)
I welcome the IFS work on inequality, but there is currently no sign that UK levels of inequality are converging on the US. On World Bank data it looks like they are diverging (3/)
Looking at OECD data which goes back further, looks like UK & US levels of inequality actually further apart than in 2000. Fair to warn we should avoid US levels of inequality in future, but not happening so far. (4/4)
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