Tax laws favoring pass-through entities for high-income businesses over 100 years.
The article looks at how federal income taxes have changed over the past century for individuals and corporations with different income levels. They found that tax laws and rates have a bigger impact on higher incomes than lower ones. Businesses with lower incomes benefited from operating in a certain way, while those with higher incomes saw advantages at different times. The year, income level, and type of business all play a big role in how much money investors end up with after taxes.