CSPAN2 Capital News Today August 15, 2012
up on tax return. the big question is whether it would affect the long-run increase we see or whether it affects the flat inequality we saw before the late 1970s. and i think that's a tougher case to make. so a lot of people switch their incomes -- a lot of businesses switched from reporting in come as corporate income and corporate tax returns as s corporation in terms which you think allen has done more than anybody points out. and that clearly shows up in the data after 1980 as increases in business income received. but if that change hadn't happened, as saez pointed out himself, ...
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