, Columnist
America Spreads the Wealth — and Redistributes It, Too
Neither the left nor the right may want to believe it, but the US tax system does a pretty good job of taking from the haves and giving to the have-nots.
Will you owe this year, or get back?
Photographer: Luke Sharrett/Bloomberg
This article is for subscribers only.
I have news for you: The United States is becoming more redistributionist. Whether you like it or not.
The broader historical trends show that the US tax-and-transfer system is getting more progressive, including in recent years. And the US government is increasingly redistributing wealth to the bottom half of the income distribution.