Any mention of redistribution of wealth in America would normally scupper a politician's ambitions, but Barack Obama has managed to preserve his lead in the polls while also saying that he wants to “spread the wealth around”. And there is a lot of spreading potential: income distribution in America is the widest of the 30 countries of the OECD.Two quick thoughts.
First, any spreading around of the wealth is not likely to change this chart. As I have written about before, income statistics like these do not include the earned income tax credit and other poverty reduction methods. Higher tax rates on the upper income individuals also won't be reflected here.
Second, what does average mean here? Is it median or mean? I believe the red dot is a mean value, but I would really be interested in how the median income compares between countries. I am also not sure how each decile is determined. Do they use a median or mean average of the top 10% of earners to determine the value for the top decile? If it is a mean value, I am kind of surprised it doesn't break $100,000 in the US.
via The Economist