Progressive Taxes Edge Toward the Rich Amid Persistent Inequality
TL;DR Summary
Global inequality has persisted since the 1980s, with the top 1% in the US rising from 9% to 16% of pre-tax income and Europe’s top 1% from 8% to 12%. Despite this, tax systems are becoming more progressive, a shift that could limit elite gains and influence politics, even as concerns about populism remain.
- The Robin Hood state is coming for the rich The Economist
- Does tax hold the key to income inequality and wealth trends The World Economic Forum
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