This is a straightforward wealth transfer. 69.5% of filers by count in the bottom groups, generate 10.5% of tax revenue, max refund, 79% of total refund. 4.5%

This is a straightforward wealth transfer. 69.5% of filers by count in the bottom groups, generate 10.5% of tax revenue, max refund, 79% of total refund. 4.5% of filers in the top groups, generate 55.2% of tax revenue, zero refund. Middle two groups are 12.3% and 14.2% of payers, generate 8.8% and 25.5% of revenue, receive 10.6% and 10.3% of total refund. These categories don't match exactly, but close enough. Sources: https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-refund/index.html#receive https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-r... https://data.ftb.ca.gov/California-Personal-Income-Tax/PIT-Annual-Report-2020/s2q7-rtsh https://data.ftb.ca.gov/California-Personal-Income-Tax/PIT-A...