Trends in Top Incomes and their Taxation in OECD Countries | OECD READ edition

English: OECD members Accession candidate coun...

English: OECD members Accession candidate countries Enhanced engagement countries (Photo credit: Wikipedia)

English: Income inequality in the United State...

English: Income inequality in the United States, 1979-2007 (Photo credit: Wikipedia)

This working paper published by OECD is well worth a read. Check it out!

via Trends in Top Incomes and their Taxation in OECD Countries | OECD READ edition.

The graphs, in the paper, highlighs income inequality in both the US and the UK being significantly ahead of other leading countries.

Personally, I believe that income inequality has become more acute since the financial crisis of 2008. The wealthy have seen their wealth rebound since 2008 but the working and middle classes have been severely squeezed by excessive austerity.

Any thoughts?

 

Enhanced by Zemanta

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: