The U.S Ranks 4th in Income Inequality

Among the 141 countries, the United States has the fourth highest level of wealth inequality in the world, after Russia, Ukraine, Lebanon.

However, the financial industry continues to create new wealth for billionaire. According to the author of the Global Wealth Report, world assets doubled in 10 years from 113 trillion dollars to 223 trillion dollars and is expected to reach 330 trillion dollars by 2017.

All countries with higher education rank than the United States are in common. Revenue inequality is lower than income inequality in the United States, so it not only changes the type of education you receive but also the standardization of the type of score. Market inequality in a country makes it vulnerable to different levels of education. If income gaps are large, there will be education gaps between rich and poor. As a result, poor people tend to have less opportunities to receive good education, and highly educated people are more likely to continue the cycle of poverty. This is useful for low standardized tests and IQ scores. At the same time, rich people can provide good education and get high scores

Income disparity has become a topic that is controversial worldwide. According to the CIA World Profile, the income disparity in the US in 2017 ranked 41st in 156 countries (ie, 74% of countries have more even distribution of income). According to the Congressional Budget Bureau, the top 1% of pre-tax income in 1979 is 19% in 2007 and 17% in 2014. For after-tax income, these figures are 7%, 17% and 13%. These figures show that between 1979 and 2007, the income share of high-income people doubled, then decreased after the Great Depression, indicating a higher tax rate adopted by President Obama in 2013 I will. Then, the redistribution policy (ie 1% of subsidies to low-income people by President Bush's tax cuts due to affordable medical law).