The UK’s lack of investment in education and low tax rates put it 17th in a new Oxfam inequality index – which ranks Sweden top out of 152 countries, and Nigeria bottom * Trump’s tax proposal would push US below Greece The UK’s lack of investment in education and relatively low tax rates have created a highly unequal society in which the poor are “often unable to cover living costs”, according to a new report that assesses 152 countries for their commitment to reducing inequality levels. Researchers at Oxfam and Development Finance International have spent a year investigating 18 indicators across three policy areas that have a key impact on levels of inequality: taxation, social spending on sectors such as health, welfare and education, and labour rights. Continue reading...
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