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