The Patriot Post® · $2 Trillion Redistributed


https://patriotpost.us/articles/21589-2-dollars-trillion-redistributed-2013-11-12

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.”