
The income distribution in Germany overall is better than many country, especially better than the US. Better as Voxeu pointed out in an article, Germany might be headed to the same inequality experienced in the United States.
According to Voxeu: “Although income inequality in Germany is a long way from reaching US proportions, the trend is in that direction. Germany rich are getting richer, and its super-rich are getting super-richer. Inequality of market incomes in Germany, as measured by standard summary indicators such as the Gini coefficient, moderately increased in the period from 1992 to 2001. This finding is consistent with those reported in previous studies that failed to incorporate both tails of the income distribution.”
Yes Germany is much more socialistic and finds a better way to distribute the income, but as people earn more money they are more reluctant to give up their high income levels. Unfortunately most of those who create most of the laws are these same high income earners.
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Im sad about this, if GERMANY sinks the World is sinking. Germany is for me the locomotive of the world as we know it