- 2 -
have a redistributive effect to the benefit of those on lower incomes, as can be seen from the statistics on household expenditure as a percentage of total household income:
Monthly income bracket Expenditure on housing as
before tax
percentage of household income
(a) $400
$1,499
(b) $1,500 - $2,999
(c) $3,000 - $9,999
Zeus
13.1%
14.9%
28.1%
مضام
(C.P. Haddon-Cave)
CONFIDENTIAL