January 30, 2025
AnalysisAfter Antitrust
The recent priority on antitrust enforcement obscures more direct solutions to wealth inequality: taxation and regulation.
During the 1950s and 1960s, 35 percent of workers were unionized, 25 percent of the economy by GDP was price regulated, the corporate tax rate was 53 percent, and the top marginal income tax rate was 94 percent. Inequality fell…