By The Numbers

U.S. Income Redistribution: Projections

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Chart Data

Household Income PercentilesAmount redistributed, billions of dollars
0-10%$15.8
10-20%$17.8
20-30%$14.9
30-40%$9.4
40-50%$3.7
50-60%$2
60-70%$1.4
70-80%$1.6
80-90%$4.5
90-100%$-75.2

Throughout last year's presidential campaign and continuing through President Obama's first two quarters in office, income redistribution has been a hot-button topic among policymakers, the media, and the general public. A new study by the Tax Foundation estimates by 2012 how much income will be redistributed, and where along the income spectrum, by the President's proposed budget. What the chart shows, for instance, is that families with income in the top 10 percent of households will bear the full weight of redistribution.