World Inequality Lab report on India fails to capture the country's economic reality
These claims on inequality trends in India are based on a set of questionable assumptions. They warrant closer scrutiny
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These claims on inequality trends in India are based on a set of questionable assumptions. They warrant closer scrutiny
The analysis shows that the share of the nation’s income going to the top 1% of earners after taxes and transfers has increased by just 1.4% since 1979, writes Jordan McGillis.
I have news for you: The United States is becoming more redistributionist. Whether you like it or not.
The dominant change in the tax and transfer system over the past half-century has been an increase in transfers to the bottom.
Whether it's because voters think it is the right thing to do or because they hope to gain themselves from such a system, as the U.S. increases its wealth, it is redistributing more of it.