“The clamor on the left about the widening difference between the top 1 or 5 percent of income earners and the rest of the population almost always compares earnings before the incomes of the top earners are taxed and that money transferred to the bottom earners.” The Follies Of Income Redistribution | Hoover Institution

The clamor on the left about the widening difference between the top 1 or 5 percent of income earners and the rest of the population almost always compares earnings before the incomes of the top earners are taxed and that money transferred to the bottom earners. When these adjustment are made, as they should always be, the difference narrows.

via The Follies Of Income Redistribution | Hoover Institution.

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