• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Redistribution of wealth

    Obama's Radicalism Revealed

    It’s only Day 3 and the Obama Administration already feels old and tired. Year in and year out, the President keeps saying the same things. Over and over again. By this point, we’re tempted to simply tune him out. But that would be a mistake. From the very beginning, President … More

    CBO Report Confirms Rich Already Pay Their "Fair Share"

    The Congressional Budget Office (CBO) just released its latest estimates on the share of taxes paid by income level, giving voters a way to check the argument that the rich do not pay “their fair share.” Using 2009 tax year data, CBO’s report shows the amount of income people earned … More

    Climate Talks or Wealth Redistribution Talks?

    Typically the largest wealth distribution program that occurs in Cancun, Mexico, is college students spending their parents’ money. That could change at the upcoming United Nations climate summit if developing countries clamoring for money to cope with global warming get their wish. With each passing year, it’s clear that international … More

    Fairness is in the Eye of the Beholder Vice President Biden

    In a recent interview with Yahoo Finance, Vice President Joe Biden said the following: “the top 1 percent of earners get 22 percent of all income made in the U.S. Taxes have been lowered for the wealthy considerably over the years. It’s about time we get a little tax equity … More

    How Much More Can We Redistribute: IRS Releases New Data

    The IRS released data today on the distribution of income taxes. It shows that the highest-earning taxpayers shoulder a considerable burden of the federal income tax. According to the IRS, the top 1 percent of taxpayers paid over 40 percent of all federal income taxes in 2007. That is a … More

    President Obama’s Budget will Spread More Wealth Around

    Everyone remembers President Obama’s now-infamous comment as a candidate that he thinks everyone is better when we “spread the wealth around.” Of course, we spread plenty of wealth around through the tax code before Obama became President. In 2006, the latest year of available data, the top 20 percent of … More

    The Founders and Redistribution of Wealth

    We’ve heard a lot lately about “redistribution of wealth.” What would the American Founders think? Property rights provide the foundation of prosperity. As Americans, we’re accustomed to a revolutionary guarantee that we may labor, earn wages and acquire property — and rest assured that what we earn and acquire will … More