Americans underestimate income gaps, prefer leveling down top earners, study finds.
The article looks at how people in the USA and Europe feel about economic inequality and government intervention. Data from 11 countries shows most people think income differences are too big. People tend to underestimate how much CEOs and factory workers earn, especially in the USA. But most think the earnings gap should be smaller. Americans have more diverse views on inequality compared to Europeans. In the USA, UK, and Germany, people agree on reducing top earners' pay, while Scandinavians and transition economies prefer more equal wages.
