Redistributing the Wealth

McCain and Palin crying foul on Obama wanting to redistribute the wealth. But since Reagan, this is just what their party has been doing.

From Daily Kos:

Between 1983 and 2004 the net worth dramatically shifted as follows:
The top 1% net worth went from $8,315,000 to $14,786,000 - a 77.8% change.
The next 4% net worth went from $1,375,000 to $2,645,000 - a 92.3% change.
The bottom 40% net worth went from $54,000 to $22,000 - a minus -58.7% change.

From 1983 to 2004 the income change was nearly as drastic
The top 1% income went from $689,000 to $1,169,000 - a 67.6% change.
The next 4% income went from $180,000 to $258,000 - a 43.1% change.
The bottom 40% income went from $16,800 to $17,500 - only a 4.3% change.