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Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals
by dsr_ 9y ago
Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.
Thanks, Wikipedia.
Now, the Republican policies take less than has previously been taken from the rich, and take more than has previously been taken from the middle-class and poor, but not just yet, so it actually increases the deficit by a trillion dollars in order to make it more palatable.
So, yes, the Republican policy as exemplified in what they actually pass is to transfer money to the rich and borrow money to do so.