Yale budget lab as usual doing interesting work based on the survey of consumer finances, with a look at household income/wealth and what tax policies would effectively raise revenue
>While the wealth-to-GDP ratio for households aged 75 and over reached its highest level on record in 2025, the share of their wealth that is potentially subject to the estate tax fell from about one third in the late 1990s to about 15 percent in 2025.
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>Roth IRAs are an increasingly important part of household savings: among IRA participants in the 2025 survey, 58 percent had a Roth account—up from a bit more than 50 percent in the 2022 survey.
I know that I’m relying heavily on a roth IRA for retirement, but we’ve seen how they’ve been abused by people like thiel probably through fraudulently undervaluing assets to avoid taxes
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Yale budget lab as usual doing interesting work based on the survey of consumer finances, with a look at household income/wealth and what tax policies would effectively raise revenue
>While the wealth-to-GDP ratio for households aged 75 and over reached its highest level on record in 2025, the share of their wealth that is potentially subject to the estate tax fell from about one third in the late 1990s to about 15 percent in 2025.
____________________________________
>Roth IRAs are an increasingly important part of household savings: among IRA participants in the 2025 survey, 58 percent had a Roth account—up from a bit more than 50 percent in the 2022 survey.
I know that I’m relying heavily on a roth IRA for retirement, but we’ve seen how they’ve been abused by people like thiel probably through fraudulently undervaluing assets to avoid taxes