Inequality and the top 10% in Europe is a two-years pioneering study conducted in four European countries which examines the financial position and attitudes towards inequality amongst the top 10% of income earners. Most inequality studies concentrate on contrasting the top 1% with the other 99%. However, given the high participation in conventional politics and the strong political influence of the top 10%, it is vital to understand their economic position, perceptions and values.
1. Those in the top 10% do not think of themselves as ‘rich’. They compare themselves and look at the more affluent but rarely interact with those in the top 1% or 0.1%
2. They are further away from the top 1% than they are from the median earner (at 50%). The top 1% of earners is moving further away from the rest of population, also further from the rest of the 10%.
3. They feel politically alienated and disconnected from the rest of the society, despite their political influence.
4. They still hold on to meritocratic narratives to explain inequality; they tend to believe that working hard pays.
5. They support redistribution more than they used to – but of course, the want higher taxes to be targeted on those earning more than they do. Most are ambivalent about or supportive of taxes on wealth whilst they often oppose inheritance tax because they want to leave something for their children.
Socialistas europeos reclaman que la Europa social sea la prioridad de la futura Comisión
by EuroEFE 09/11/2023
'European socialists demand that social Europe be the priority for the future Commission' article about the 'Champions of progress: Progressives go the extra mile for Social Europe!' side event organized by FEPS and PES
“Trade doesn’t work in isolation from good domestic policies” Interview to Arancha González
by Borderlex 19/09/2023
Interview to Arancha González, former Spanish foreign minister, who released together with FEPS the new book entitled 'The Trade Handbook: Making Trade Work for Prosperity, People and Planet'
A szociális unió imperatívusza
by Új Egyenlőség 09/09/2023
'The imperative of Social Union'. Article about FEPS book 'Europe’s Social Integration: Welfare Models and Economic Transformations' by László Andor.
Após 66 anos de adiamentos, a barragem do Pisão entrou em contra-relógio
by Pùblico 19/08/2023
'After 66 years of postponements, the Pisão dam has entered a race against time' Pùblico's article mentions FEPS Policy Study 'Governing the RRF'
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