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Personal Holding Companies, Tax Progressivity, and Inequality
- marojejian 1mo agoCan't get past the abstract, but that lays out the key assertion: >Accounting for income in holding companies erases half of the difference in the 1980-2020 rise of the top 1% fiscal income share between Nordic countries and the United States, where rules penalizing the use of holding companies have been in place since the 1930s.