Hell, there's NOT increasing inequality by sane definitions - meaning if you count government taxes and transfers. Yes, pre-tax, no-transfer income inequality h

Hell, there's NOT increasing inequality by sane definitions - meaning if you count government taxes and transfers. Yes, pre-tax, no-transfer income inequality has increased, but by definition increasing taxes and transfers won't fix that. And once you include ss/welfare/snap/eitc/etc as well as taxes, income inequality today has barely changed over the past century. And the recent "increasing wealth inequality" papers have based on the dubious assumption that "wealth = capital gains income / risk-free instantaneous rate of return", [0] which means that wealth goes up as interest rates go down if income holds steady. 0: https://johnhcochrane.blogspot.com/2020/01/wealth-and-taxes-part-v.html https://johnhcochrane.blogspot.com/2020/01/wealth-and-taxes-...