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A study by Legal & General has found that rather than a Do It Yourself culture, we've become a bunch of YDIs (You Do Its), employing people to do a range of household chores for us.
[TABULAR DATA 3 OMITTED] Reducing progressivity to generate revenue may be consistent with the finding that a highly dispersed income distribution increases revenue, as shown by the positive significant coefficient of YDIS. The reductions in progressivity over time may impact the work/leisure choices made by individuals and the location choices of individuals.
Third moment of income distribution (YDIS): Calculations by authors based on data from Census of Population, 1980.