spread income

There is a lot of talk among liberals about the redistribution of wealth but in fact they mean the redistribution of income. They will work on assets later.

Income in this country is about $12 trillion and the top 1% get 35% of that while the next 20% get 50% and the remaining 80% gets 15%. This breaks down as follows:



Top 1% 4.2 trillion = $1,400,000 per person

Next 19% 6 trillion = $105,000 per person

Bottom 80% 1.8 trillion. = $7,500 per person



Let us take 90% of the top group and share that with the bottom group which results in the top group getting $140,000 per person and the bottom group getting $23,000 per person.



Still not good enough?



Lets take 95% of the top groups money. This brings the top group down to $70,000 per person and raises the bottom group up to $24,000.



Not good enough…lets take half of the middle groups money and give that to the lower group. This brings the middle group down to $52,000 and brings the bottom group up to $37,000



Now the figures for the three groups are

Top $70,000, Middle $52,000 and Bottom $37,000.



Now increasing these incomes four fold to represent a family of four we have Top $280,000, Middle $208,000 and Bottom $148,000. That seems like an equitable income distribution. The question is who is going to hire you.