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VAT is a regressive tax, putting more burden to the poor than to the rich. Indeed, VAT applies the same rate to everyone regardless of their level of wealth – but the richer you are, the lower the proportion of your revenue goes to consumption. VAT cancels out one-third of the effects of fiscal redistribution.
The proportion of people living at risk of poverty has dropped in most European countries over the last five years. But a few countries counters this trend, and large gaps remain within nations. In this report we look closer at the risk of poverty across Europe.
The Inequality Observatory is an independent French institute that compiles a large number of statistics on inequalities.
An overview of the distribution of wealth in Europe. What has changed from the 1980s to today?
Over the last decade, Bulgaria and Romania are experiencing a very significant decrease in the risk of poverty and social exclusion. The situation is improving above all in provincial towns.
Accessibility to cities offers a first step toward tracking the spots where gaps in accessibility remain, and where the world can collectively address the most fundamental inequalities still experienced today.
Over the past fifteen years, thanks to a growing interest in the evolution of global wealth and income inequality, there has been a growing body of scientific literature.
An article by Maarten Lambrechts analyses the distribution of cohesion funds that the European Union allocates according to the degree of local development. The resulting appearance of Europe is very different from the political map.
Thomas Piketty’s new book, Capital and Ideology, contains more than 160 graphs and about 10 tables which together tell a new story about inequality over the last two and a half centuries. We have selected some of the most interesting data.
Forecasts for 2023 show that across the EU, the median wealth per adult is on the rise. However, it is still unclear if the distribution of wealth will become more balanced in the future. Germany tops the ranking of EU countries with the highest number of millionaires holding more than $50 mln of wealth.