Comment by chgs
16 hours ago
https://en.m.wikipedia.org/wiki/List_of_sovereign_states_by_...
Very little change in U.K. over 20 years
16 hours ago
https://en.m.wikipedia.org/wiki/List_of_sovereign_states_by_...
Very little change in U.K. over 20 years
It looks to me like Equality Trust put a fair amount of thought and research into their website, did their best to paint a picture of what's going on in the UK by using multiple reputable sources, and tried to explain why that picture is dire, not just for those with a net worth that rounds to £0 but for the nation at large, with several dozen citations to back that up.
Thank God we have this one number from some Credit Suisse marketing material to invalidate all of that.
Gini is a very rough tool. It’s trying to describe the shape of a curve with a single number. It describes the average inequality between any two people.
The curve can be skewed without the Gini number changing significantly if, say, the bottom 99% became increasingly more equal in income/wealth by becoming poorer overall, transferring income/wealth to the upper 1%.
I the numbers maybe not, but in the public perception? In society?
Perception in solicit is we should take people in £200k or £800k a year a lot more and leaver those with £100m in assets alone.
We’re up in arms when people block roads to highlight problems with climate change, but when millionaires get worried they’ll have less of a loophole with tax, we’re supporting it in droves.