Unequal Inheritances

Young people stand to inherit both more and less than ever before. Hiking the inheritance tax might help reduce inequality.

Our first figure visualizes population aging. It shows the share of the US population in different age bins over time. In 1950, young people made up a higher share of the population; a relatively smaller share of retirees sat atop a larger share of adults and young people. Over time, this age pyramid has flattened […]

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