Abstract
This article estimates the relative sizes of U.S. income distribution (e.g., market wages; dividends) and income redistribution (e.g., income maintenance; theft; inheritance; government subsidies). Using fairly conventional concepts and conservative estimates, it finds that half of individual income is from sources with significant redistributive qualities. Several implications are discussed. Most notably, the size and scope of redistribution suggest that it is intrinsic to the market. Seen in this way, redistribution is a costly overhead of operating a market system.
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