http://www.brookings.edu/research/pa...aaron-burtless

I think we can see now why Obama did not want to talk about income redistribution. There is already too much news about it out there for an election year. This chart is very telling.



On net and under the broadest income measure, the gains and losses cause small proportional drops in income for Americans in the top three-quarters of the income distribution which offset the larger proportional gains obtained by Americans in the bottom quarter of the distribution.