America has a big inequality in the distribution of wealth. The author of this paper carried out a survey of 5,000 around 5,000 people that has a demographic distribution and political inclination that represents the the population. The key findings of this report are that the ordinary people grossly under-estimated the actual inequality in the distribution of wealth and preferred a distribution that more closely reflect Sweden (which has high welfare and taxation).
The findings of this survey is relevant to Singapore, where the inequality of wealth distribution is worse than America, as reflected by the Gini coefficient. Read www.tankinlian.com/latest.aspx (Building a Better America).
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