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by jopsen 3135 days ago
> It's hard to find comparable numbers, but aren't the median wages higher in all those countries?

Last I looked no; the bottom 30% is where Denmark does better than the US. The median wages are similar, maybe slightly higher in the US.

> The article vaguely makes it sound like it's just a matter of paying highly-paid professionals less, but would that lift the bottom or just concentrate the money to an even thinner slice of the population?

Good question. Probably you have to hit the super rich 0.001% with massive taxes, or an aggressive estate tax (preventing wealth from accumulating across generations).

But even with that, good regulation that facilitates competition is probably necessary. I wouldn't be surprised if that makes a bigger splash than the top 0.001%.

Note: there is good and bad regulation. Denmark is heavily regulated, but a lot of it is efficient and fosters competition.