income inequality

Inequality between States has increased!

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Since 1995, income inequality has increased between the States, although the pace has recently slowed. “Unfortunately, the problem for many countries that the accumulation of wealth by the rich without social security to the poor there is no benefit,” says IMD World Competitiveness Center Director Bris: “innovation-driven economic growth in poorer countries improve competitiveness, but also increased the inequality. this is an issue that must be paid to the long term. “

Among the top 30 countries in the World Competitiveness, Austria ranks 24th, but the details are much more disappointing: On the issue of income tax Austria is in the last place. For the “need for economic and social reforms,” Austria is ranked 60.

https://worldcompetitiveness.imd.org/

More about the ranking see the video: https://www.youtube.com/watch?time_continue=5&v=5f9OskmdSAs

Roland Leithenmayr, VfV