I guess it's a study and all, so it's automatically accurate.
But: I have a very hard time believing much income mobility exists in the socialist nations at the big end of the chart.
In-fact, I've read accounts of it being EXACTLY the opposite of this chart in Denmark. Ie: You get to a certain point, and then that's it, you're sleepwalking, because everything else goes to taxes -like 70%. A nice place, a good life, free university + healthcare for all, but otherwise frozen with no opportunity for real movement in the gigantic middle/lower middle-class.
France is a little bit similar; huge middle-class, not too many super-rich.
Not to introduce demagoguery, but I almost get the vibe this chart was created by Socialists.
But: I have a very hard time believing much income mobility exists in the socialist nations at the big end of the chart.
In-fact, I've read accounts of it being EXACTLY the opposite of this chart in Denmark.
Ie: You get to a certain point, and then that's it, you're sleepwalking, because everything else goes to taxes -like 70%.
A nice place, a good life, free university + healthcare for all, but otherwise frozen with no opportunity for real movement in the gigantic middle/lower middle-class.
France is a little bit similar; huge middle-class, not too many super-rich.
Not to introduce demagoguery, but I almost get the vibe this chart was created by Socialists.