Income support and safety net spending in United States lags peers: Extent to which taxes and transfer programs reduce the relative poverty rate, selected OECD countries, late 2000s
Percentage-point reduction in relative poverty rate | |
---|---|
France | 25.4 |
Germany | 23.6 |
Finland | 22.1 |
Belgium | 22.0 |
Italy | 21.9 |
Austria | 20.9 |
Greece | 20.3 |
United Kingdom | 20.2 |
Luxembourg | 18.4 |
Sweden | 18.1 |
Slovakia | 17.5 |
Slovenia | 17.3 |
Netherlands | 16.9 |
Norway | 16.0 |
Denmark | 16.0 |
Spain | 13.2 |
Japan | 13.0 |
Canada | 12.7 |
Australia | 12.6 |
Iceland | 12.6 |
New Zealand | 11.4 |
Switzerland | 10.6 |
United States | 9.7 |
Note: This figure plots the differences between each country's pre– and post–tax and transfer relative poverty rate, where relative poverty is the share of individuals with income below half of household-size-adjusted median income.
Source: Authors' analysis of Organization for Economic Cooperation and Development Stat Extracts (data group labeled "late 2000s")