Can't get past the abstract, but that lays out the key assertion:
>Accounting for income in holding companies erases half of the difference in the 1980-2020 rise of the top 1% fiscal income share between Nordic countries and the United States, where rules penalizing the use of holding companies have been in place since the 1930s.
marojejian•1h ago
>Accounting for income in holding companies erases half of the difference in the 1980-2020 rise of the top 1% fiscal income share between Nordic countries and the United States, where rules penalizing the use of holding companies have been in place since the 1930s.