Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

7 Countries With Worse Income Inequality Than the United States


Image source: Getty Images.

Since the Great Recession, the lopsided distribution of wealth in the United States has been a major concern for everyday Americans, whose wages are stagnating as the rich claim an ever-larger piece of the pie. In fact, the richest of the rich -- the so-called "one-percenters" who gained such notoriety during the "Occupy Wall Street" protests -- now receive about 20% of all pre-tax income in the U.S. There's a common narrative that Donald Trump won the presidential election largely because he promised to level the playing field for the working class.

A reader of today's headlines could be forgiven for thinking that America has the worst income inequality in the world. But the reality is far different.

Continue reading


Source: Fool.com


Comments