Never mind the 1 percent Let's talk about the 0.01 percent (2017)
&gt;Smith, Yagan, Zidar, and Zwick find that the 1 percent’s income is being driven by owner-managers, mostly of small and medium-sized companies—specifically S corporations, partnerships, and limited liability companies. These are talented managers: the researchers find that profits of companies run by these 1 percent-ers are far higher than those of businesses owned by people in the top 5-–10 percent<p>&gt;“The demand for top skill has outpaced its supply, with the returns to top skill increasingly taking the form of business income.”<p>This really doesn&#x27;t come off as a problem that needs solving and instead sounds like a purely political war cry. These aren&#x27;t lords abusing powerless peasants, they&#x27;re contributing members of society being disproportionately rewarded for their disproportionate contributions. Wealth inequality needs to be considered in the context of overall prosperity and despite the fearmongering you see online, most Americans are doing well. Even our poor have modern conveniences, access to emergency healthcare, generally safe food and infrastructure - eating the evil rich and redistributing their wealth is unlikely to solve any of the major issues in the country, as we&#x27;re already throwing tons of money at schooling and healthcare and the like.