Transferring Wealth
U.S. Senator Chris Murphy (D–CT) claims that the “Republican budget is the biggest transfer of wealth from the middle class and poor to the super wealthy in the history of the country.”
IN FACT, allowing people to keep the money they earned and reducing welfare benefits to the able-bodied is the antithesis of transferring wealth. These policies also increase incentives to work and save while reducing enticements to loaf.
