Table 5 The bottom half and the top 10%. Income ratios in China, India, Europe, and the USA, 1980–2015. Before and after taxes and transfers (T&T)
From: Two epochal turns of inequality, their significance, and their dynamics
1980 | 2015 | |||
|---|---|---|---|---|
Before T&T | After T&T | Before T&T | After T&T | |
China | 1:5 | n.d. | 1:14 | n.d. |
India | 1:7 | n.d. | 1:20 | n.d. |
Europe | 1:8 | 1:7 | 1:10 | 1:8 |
USA | 1:8 | 1:6 | 1:20 | 1:12 |