4 ms·
> That would just mean that some Americans donate a lot. Are you saying this doesn't also occur in other nations, like Germany?
by c0vfefe 7y ago
> That would just mean that some Americans donate a lot.
Are you saying this doesn't also occur in other nations, like Germany?
- strken 7y agoThe US has the highest level of wealth inequality in the world, so assuming that the ultra-rich donate more, their impact should be higher in the US than anywhere else.
- minikites 7y ago>assuming that the ultra-rich donate more That's a terrible assumption: https://www.fool.com/taxes/2018/07/02/heres-how-much-the-average-american-taxpayer-gives.aspx https://www.fool.com/taxes/2018/07/02/heres-how-much-the-ave...
- daliusd 7y agohttps://en.m.wikipedia.org/wiki/List_of_countries_by_income_equality https://en.m.wikipedia.org/wiki/List_of_countries_by_income_... As you see you are wrong. As well you are wrong about statistics - see this https://www.britannica.com/science/law-of-large-numbers https://www.britannica.com/science/law-of-large-numbers
- strken 7y agoThat's income inequality. You want wealth inequality. http://fortune.com/2015/09/30/america-wealth-inequality/ http://fortune.com/2015/09/30/america-wealth-inequality/ Admittedly they only surveyed 55 countries, which I will openly admit to missing. In addition, I'm not sure how the law of large numbers applies to wealth, which roughly follows a power law instead of being randomly distributed.
- daliusd 7y agoI think I want income inequality. Wealth inequality might be totally meaningless as wealth is guesstimate not exact value usually, e.g. look here https://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth https://en.wikipedia.org/wiki/List_of_countries_by_distribut..., is hard to say anything at all from Gini Wealth. Zimbabwe and Denmark can be compared by Gini index but that's completely nonsensical result: one corrupt and one happiest country in the world. I have mentioned law of large numbers because of population size, however rich ultra-rich might be that can't skew results in USA.