DISTRIBUTION OF BRITISH INCOMES

Range of Income. 1903 1908
Figures of "Riches and Poverty," 1905 edition, adjusted[13] by raising estimate of Income Tax payers from 1,000,000 to 1,050,000.
Number of Persons. Income. Number of Persons. Income.
Million£ Million£
Persons with over £700 a year and their families
 		 1,250,000 570 1,400,000 634
Persons with over £160, but not over £700, and their families
 		 4,000,000 260 4,100,000 275
Persons with not more than £160 and their families
 		 37,250,000 880 39,000,000 935
    Totals 42,500,000 1710 44,500,000 1844

The result is to show that, in the five years, the wealthy classes have increased their share of the national dividend, both actually and relatively. We shall later find this conclusion confirmed by a comparison of the respective growths of taxed incomes and wage rates.

The stationariness of wages is a fact which closely demands the attention of the nation.

[11]   For a fuller explanation of these Schedules reference should be made to Chapter 21.

[12]   See Chapter 21.

[13]   The change in the proportions through the adjustment is insignificant and negligible, as will be seen by reference to the original estimate.