LIVE WIRE
Beatpost
THE TLDR EDITION
BUSINESSBloomberg Markets·5h ago

Odd Lots: There Are a Lot of Rich People in America (Podcast)

BUSINESSBEATPOST
AI TLDR · GEMINI
AI TLDR is temporarily unavailable (daily budget reached). Read the publisher summary below or try again later.

In 2014, the economists Owen Zidar and Eric Zwick were asked by the Treasury to conduct a study on the tax burden of private business owners. It was tricky to figure out how much these sorts of business owners — auto dealers, contractors, the like — actually owed in taxes: After Reagan’s 1986 tax reforms, pass-through businesses and other accounting tricks became widespread enough to obscure this class of wealthy Americans hiding in plain sight. The research they conducted led to their new book

SHARE THIS STORY

READ NEXT

More on the wire

weather17m ago

FROM THE PUBLISHER

In the final week of the regular season, you have to take any two-start possibility with an enormous grain of salt

CBS Sports
sports55m ago

FROM THE PUBLISHER

The SportsLine Projection Model has revealed its best bets for the matchup between the Kent State Golden Flashes and Ohio State Buckeyes on Saturday

CBS Sports
politics27m ago

FROM THE PUBLISHER

Iran says it struck an oil tanker that was attempting to “illegally pass” through the Strait of Hormuz. Tehran’s paramilitary Iranian Revolutionary Guard Corps (IRGC) said in a statement shared by state media that it attacked a Togo-flagged tanker, the Trend, after it tried to navigate through the waterway. The vessel “came to a halt...

The Hill

HEADS UP · COOKIES

We use anonymous analytics and (with your OK) session recordings to make Beatpost better. Read the details.