Brazil’s concentration of income is among the world’s largest

New research from the World Inequality Lab has confirmed Brazil’s place as one of the countries with the highest levels of income inequality. According to the report, the country’s richest 1 percent accounts for 27.8 percent of the country’s income, putting Brazil higher up the list than any other country measured. In comparison, Turkey has the second highest concentration of income on the list according to the study, but their richest 1 percent accounts for 23.4 percent of the...