Nov 8, 2021 · This transfer of wealth from the poor to the rich is a real-life “reverse Robin Hood” effect — the opposite of robbing the rich and giving to the poor. Card networks such as Visa and...

In the “reverse Robin Hood” story, credit-card companies rob from the poor users of cash and give to the rich users of credit cards. But there are real problems with this story. Indeed, the reverse Robin Hood may be more mythical than the original Robin Hood.

Sep 27, 2023 · A reverse Robin Hood effect occurs when the better-off gain at the expense of the less well-off.

Feb 12, 2025 · House Democrats criticize the GOP's budget proposal, accusing them of a reverse Robin Hood scheme to transfer wealth from the working class to the wealthy.

PORTLAND, Ore. (Nov. 4, 2021) — A new issue brief from the International Center for Law & Economics (ICLE) looks at the “reverse Robin Hood” fallacy, which holds that credit-card rewards programs benefit the rich at the expense of the poor.

Nov 12, 2021 · The International Center for Law and Economics (ICLE) recently released a study addressing the “Reverse Robin Hood” fallacy, a belief which holds that credit card rewards function as a transfer of wealth from the poor to the rich.

Gov. Roy Cooper’s reverse Robin Hood scheme turns the original story on its head—he takes money from middle-class residents of the Tar Heel state to give to rich and politically-connected business owners.

Feb 27, 2025 · Since January 19, Americans are witnessing leaders—some elected, some not—who are doing the opposite: taking from the poor and middle class and giving to the top 1 percent. Call it a reverse Robin...

Sep 15, 2021 · Is the American economy a Robin Hood tale flipped on its head? Baldwin Wallace University political science professor Dr. Mark Mattern argues just that in a new book, "The Trickle-Up Economy: How We Take from the Poor and Middle Class and Give to the Rich" (Lynne Rienner, 2021).

Apr 8, 2024 · At an exclusive fundraiser in Palm Beach, Florida over the weekend, former President Donald Trump vaguely told reporters that he's running for president again because "people are wanting change"—but was more specific about the kind of change he plans to spearhead when he addressed some of his richest donors at the event hosted by a billionaire h...