• sarjalim
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    1 year ago

    Just remember, as someone else mentioned when this graph was posted on Reddit, that this is income and not wealth share. The wealth gap is much, much larger for every country pictured here, and the income difference compounds into a wealth difference abyss over time.

    • @emerty@feddit.uk
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      1 year ago

      Yes, but people get paid income in wages, so it is still relevant. That some of them turn income into appreciating assets, or wealth, is a separate issue.

      • sarjalim
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        01 year ago

        Sure, I’m not arguing against the graph or that it is relevant. Just a friendly (dystopian) reminder that the top 1% of income earners don’t really rely on income. They make most of their money investing capital or company profits in ways where they can avoid paying income tax.