|
By:
Does it take into account outgoings? e.g rent and mortgage payments?
|
|
By:
It's wealth distribution not income and expenditure distribution. Your first 2 lines mention wealth distribution. As far as wealth distribution goes the UK seems average at worst.
It's like your Balance Sheet. Not your P+L account |
|
By:
The UK's Gini coefficient (takes account of Income and wealth I think) is 32.6 on Wiki. Less than France Portugal Spain and Italy plus Canada USA Australia and New Zealand
|
|
By:
According to the Gini coefficient Ukraine comes out best. I won't be moving there myself.
|
|
By:
Gini coefficient
Comoros 64.3 Haiti 60.8 Brazil 51.5 China 42.2 Russia 41.6 USA 41.1 Spain 35.9 France 33.3 UK 32.6 Japan 32.1 Germany 30.1 Denmark 29.1 (least corrupt and most socially mobile country in the world) Ukraine 24.6 |
|
By:
Not clear whether that is Income only or (Some combo of income and wealth). It's meant to measure inequality though
On either measure it seems the UK holds up pretty well. Unlike the USA, which is shocking on both counts. |
|
By:
Seems there is a global shift to greater inequality over the last 40 years. Guess that might be a result of global competition and greater freedom of movement.
|
|
By:
More to do with the freedom of capital to find lower wages and get more profit.
|
|
By:
I imagine it's a bit like the Premier League buying up the foreign talent. Tax the high earners or wealthy too much and they'll up sticks.
|
|
By:
that too
|