A while ago, Greg Mankiw made a simple point:
I just stumbled upon this rather interesting study (pdf) on the same subject. If you include local taxes and the public spending part as well, the picture looks like this:
The study notes that “overall, households in the bottom quintile receive $8.21 in government spending for every dollar of tax, while households in the third quintile receive $1.30, and households in the top quintile receive $0.41.“
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