Comment on Why Inequality's Even Worse Than It Seems

Why Inequality's Even Worse Than It Seems

Bloomberg View The current debate about rich and poor -- the 1 percent versus the 99 percent -- is a bit misleading because the evidence usually is data about income, not wealth. Looking at wealth would make the comparison even starker. There are some nice deals to be had in the income tax code these days, but most wealth accumulates and passes from generation to generation with no tax at all.

 

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