Key points
US top 1% income share, actual vs counterfactual, 1958-2020 ｜ Actual near 20% vs ~14% counterfactual; over half the rise since 1985 came via pass-through businesses
Image source: @dailychartbook
2026-09-25
US Top 1% Income Share Rises to ~20%, Over Half the Gain From Pass-Throughs