Wages Up So Where's The Money Gone?
- Excerpt
Workers on the average wage are at the centre of
a political row after figures show thousands of dollars
in pay rises have been whittled back to a few hundred
by higher taxes and inflation.
A "Joanna Average" is at the centre of the tussle,
with National's figures showing she is only $500 a year
better off than seven years ago once inflation and
higher taxes are taken into account - despite her
earnings increasing from $33,968 a year to $44,123
a year. Her earnings mirror the average fulltime wage.
a political row after figures show thousands of dollars
in pay rises have been whittled back to a few hundred
by higher taxes and inflation.
A "Joanna Average" is at the centre of the tussle,
with National's figures showing she is only $500 a year
better off than seven years ago once inflation and
higher taxes are taken into account - despite her
earnings increasing from $33,968 a year to $44,123
a year. Her earnings mirror the average fulltime wage.
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