Friday, September 18, 2015

Redistribution in Leftist USA

Heritage: The Redistributive State — The Allocation Of Government Benefits, Services, And Taxes In The United States
Money quote:
"The analysis finds that the lowest three income quintiles are in fiscal deficit, while the two highest income quintiles are in surplus. Overall, there was a transfer of roughly $1 trillion in economic resources from the top 40 percent of households to the bottom 60 percent. This sum represents about 9.5 percent of total national income in 2004."

No comments: