The Patriot Post® · $2 Trillion Redistributed
Obama infamously told “Joe the Plumber,” “I want to spread the wealth around.” He’s succeeded in making that wish reality. The Daily Caller reports, “Government policies effectively redistributed more than $2 trillion in income from the top 40 percent of American society to the bottom 60 percent in 2012, according to a new study from the nonpartisan Tax Foundation.” Roughly 50% of that was confiscated from the top 1%. According to the DC, “The study found that the country’s lowest-income families receive $5.28 in government spending for every $1 they pay in taxes. Highest-income families only receive back 25 cents in government spending for every dollar of taxes they pay.” Yet Obama says that “the wealthy” just need to pay their “fair share.”