ChuTur
ChuTur t1_ixyslnv wrote
Reply to comment by ChuTur in Charted: Income Distributions in 16 Different Countries by TheThinker12
It doesn’t say who is wealthier just if there are more people in a higher or lower income bracket or not.
ChuTur t1_ixysidy wrote
Reply to comment by Ikkon in Charted: Income Distributions in 16 Different Countries by TheThinker12
So it means at that income level 40% of Americans make that or less. However at that same income level 50% or Canadians and British make that much or less. So for that middle income area the US generally has a higher percentage of their population making more than Canadians and British.
However as you described at the low end incomes the US has a similar or larger proportion of people with very little or no income at all.
It’s tough because you’re comparing percentages with each other and percentiles are kind of funny.
ChuTur t1_iy10eru wrote
Reply to comment by Mathmen in Charted: Income Distributions in 16 Different Countries by TheThinker12
Exactly this, logarithmic scales for the win.