92% of Americans Prefer Swedens Wealth Distribution September 27th, 2010 Related Filed Under Filed Under: Featured By jason330 Good thing everyone knows how terrible socialism is. Otherwise, these findings would be shocking. Americans vastly underestimate the degree of wealth inequality in America, and believe that the distribution should be far more equitable than it actually is, according to a new study. Or, as the studys authors put it: All demographic groups even those not usually associated with wealth redistribution such as Republicans and the wealthy desired a more equal distribution of wealth than the status quo. More interesting than that, the report says, is that the respondents (a randomly selected 5,522-person sample, reflecting the countrys ideological, economic and gender demographics, surveyed in December 2005) believed the top 20 percent should own only 32 percent of the wealth. Respondents with incomes over $100,000 per year had similar answers to those making less than $50,000. (The report has helpful, multi-colored charts.) The respondents were presented with unlabeled pie charts representing the wealth distributions of the U.S., where the richest 20 percent controlled about 84 percent of wealth, and Sweden, where the top 20 percent only controlled 36 percent of wealth. Without knowing which country they were picking, 92 percent of respondents said theyd rather live in a country with Swedens wealth distribution.