Interestingly, Friedman endorsed "a negative income tax to help low-income persons, a taxation of the prosperous to transfer income to the poor." - Capitalism and Freedom by Friedman, 1962 Perhaps that is a thing some voters and politicians nowadays do not quite understand well.
Income Growth Over previous 34 yearst (1980 vs 2014) <-----------------Higher Income ---------- Income PERCENTILE ------------ Lower Income----------------> Note: Inflation-adjusted annual average growth using post-tax income.
Where is the chart showing more government control over the economy at the same time. Doing the same thing over and over but expecting different results.