Tuesday, May 25, 2010

Income Redistribution - startling changes



Short, very telling article in USA Today.
http://www.usatoday.com/money/economy/income/2010-05-24-income-shifts-from-private-sector_N.htm
By Dennis Cauchon, USA TODAY

This graph is missing wages paid by government - an additional 9.8% of the total.

This is how Greece has gotten to where it is - erosion of the tax base by growing government.

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