Sunday, October 18, 2015

Heritage: The Redistributive State — The Allocation Of Government Benefits, Services, And Taxes In The United States
...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....