Why is America more tolerant of inequality than many rich countries?
Why is America more tolerant of inequality than many rich countries? - America's gini before taxes and transfers was 0.47 compared to an OECD average of 0.43. After taxes and transfers, America's gini falls to 0.39. The OECD average is 0.31. In 2014, taxes and transfers reduced American inequality by a mere 18%; this compares to 25% in Britain, 29% in Germany and ...