Three charts tell the story

you are here: home > articles > economy > three charts tell the story. Figure 1: As "payments to persons" becomes an ever greater share of the federal budget ... ...2. Figure 2: the percentage of taxpayers with zero or negative tax rises ...
3. Figure 3: And rising share of taxes paid by the top 1% and the share of taxes paid by the bottom 95% going downwards.
As John Merline stresses the excellent syntax:
"When you put together these two trends, what you can find that the Federal Government has over the years is mainly triggered on a gigantic wealth-transfer machine--by taking money from a shrinking pool of taxpayers and give to a growing list of preference groups."

Back to top

you are here: home > articles > economy > three charts tell the story

View the original article here