4 ms·
The poor in America are richer than the poor in just about any other country. The US poverty line is around the top 15% of world incomes, and that's pre tax tra
by SideQuark 3y ago
The poor in America are richer than the poor in just about any other country. The US poverty line is around the top 15% of world incomes, and that's pre tax transfers. Post tax transfers puts them much higher.
- PhilipRoman 3y agoBut is that before or after adjusting for cost of living?
- SideQuark 3y agoAfter. It's PPP adjusted, as all good economists would do.