"The most recent RAND Corporation working paper by Carter Price, updated in 2025, calculates that since 1975 a cumulative $79 trillion has been 'redistributed upward' from the bottom 90 percent of Americans to the top 1 percent.

"In 2023 alone, the transfer to the morbidly rich was $3.9 trillion, enough to give every working American a $32,000/year raise."