However, after taxes and welfare, including low income support, health insurance subsidies, pensions and disability benefits, the same income ratio fell to 4.4. Switzerland scores relatively well on income equality. Germany (4.6), France (4.3) and Austria (4.1) were all similar to Switzerland, however Italy was significantly more unequal (6.3). Over time, inequality after taxes and welfare in Switzerland has remained stable. In 2016, before taxes and welfare, low earners made a median CHF 1,475 a month and high earners a median of CHF 11,045.

Source: Le News April 03, 2019 12:00 UTC