To give backing i’m from Australia which has ~2.5x the median wealth per capita of US citizens but a lower average wealth. This shows through in the wealth of a typical citizen. Less homelessness, better living standards (hdi in australia is higher) etc.
This is a recent development where the median wealth of citizens in progressively taxes nations has quickly overtaken the median wealth of USA citizens.
All it takes is tax on the extremely wealthy and lessening taxes on the middle class… seems obvious right? Yet things gave consistently been going the other way for along time in the USA.
Compare sorting by median vs average to get a sense of the issue; https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...
This is a recent development where the median wealth of citizens in progressively taxes nations has quickly overtaken the median wealth of USA citizens.
All it takes is tax on the extremely wealthy and lessening taxes on the middle class… seems obvious right? Yet things gave consistently been going the other way for along time in the USA.