How the Rich Got Richer

This article is part of the series, “Left Hook Economics: The Dollars & Sense Policy Forum.”

The increasing amount of pass-through business income going to the richest 1% helped fuel the decades-long increase in U.S. inequality. John Miller argues that “pass-through business income needs to be taxed at least at the same rate as workers’ wage income, not at lower rates. The same is true for dividends paid to stockholders.”