Income Inequality: America vs. Europe

Fascinating comparison via Vox:

Income inequality is a growing problem in the United States. The richest Americans have reaped a disproportional amount of economic growth while worker wages have failed to keep pace. And the $1.5-trillion Republican-passed tax cuts from December stand to make the situation worse.

One chart from the 2018 World Inequality Report highlights the unique nature of income inequality in the US compared to other developed regions — namely, Western Europe. And the contrast is stark.

Source: Vox


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