I especially found this para interesting...

"Inclusion of taxes and non-cash aid substantially reduces economic inequality. In stage 1, the bottom quintile was shown to have 3.5 percent of total income; by stage 2C, this number had risen to 5.35 percent. The income share of the top quintile falls from 49.6 percent in stage 1 to 46.16 percent in stage 2C."

Only the Heritage Foundation could define 1.35% as "substantial".



>>I think you may find this interesting:
>>
>>http://www.heritage.org/Research/Taxes/bg1791.cfm
>
>I *guess* they hinge their whole argument on the fact that the Census Bureau quintiles have unequal "populations" in them.
>
>Somehow I trust the Census Bureau's techniques by far over the Heritage organization. The Census Bureau has been using various methods for well over a hundred years... long before there were MBAs and other 'statisticians' paid for specific results.
>
>
>>
>>
>>>Interesting opinion on why current events don't equate past downturns:
>>>
>>>http://www.nytimes.com/2008/02/13/opinion/13reich.html?ex=1360645200&en=033f6da01d771f7d&ei=5090&partner=rssuserland&emc=rss