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Stealthy wealthy are rising in America as tax cuts favor private business over ordinary workers

Economy
Published on 24 April 2026
Stealthy wealthy are rising in America as tax cuts favor private business over ordinary workers

They build businesses quietly while inequality widens

Princeton economist Owen Zidar points to a growing class of “stealthy wealthy” Americans: private business owners who build wealth gradually. He argues U.S. tax cuts disproportionately help this group, while support for lower-income households shrinks—fueling inequality. Zidar also urges investment in the young for long-term prosperity and questions whether tariffs are a sound revenue plan.

  • “Stealthy wealthy” private business owners are growing in number
  • Tax cuts disproportionately benefit private owners, worsening inequality
  • Support for the poor is reduced as benefits shift upward
  • Zidar favors investing in youth over relying on tariffs
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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