Byron York reports (“Obamacare will reduce incomes of most Americans“) on a new study from the liberal Brookings Institution with some surprising findings. The report’s observation that “[t]he ACA may do more to change the income distribution than any other recently enacted law” is, of course, not surprising. What is surprising, however, is the evidence that this redistribution is not, or not simply, from rich to poor but from families with incomes over $21,000 a year to the poor.
Which reminds me of a bumper sticker I saw yesterday: “Are you better off now than you were a trillion dollars ago?”
