Biden’s $1.9 Trillion Relief Plan Is More—Much More—of the Same - WSJ
Once taxes and social programs are taken into account, inequality by some measures hasn’t changed since 1986.
The article earlier cites that nearly 8% of GDP this year will go to social safety net programs and 43% of Americans don’t pay any income tax.
We can have a discussion about fiscal policy, but it’s only possible if we start with the facts and then work through the big issues.