Claims of surging income inequality rely on pre-tax data while ignoring unreported income, smaller family sizes, and government benefits like Social Security. When these additional factors are accounted for, top wealth shares have been relatively flat since the 1960s.

To learn more about the Hoover Summer Policy Boot camp, visit: https://www.hoover.org/hoover-institu...

Click below to watch the other videos in this series.
Chapter 1 –    • Josh Rauh on The Complex Reality of I...  
Chapter 2 -    • Josh Rauh on The Impact of Government...  
Chapter 3 -    • Josh Rauh on The Laffer Curve: The Li...  

Check out more from Joshua Rauh here: https://www.policyed.org/scholars/jos...

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