> by 2011, they were generating more income than all traditional U.S. corporations combined
Source?
This is a quote of the article he linked:
https://www.npr.org/sections/planet-money/2026/09/14/g-s1-14...
In turn it links the source: https://www.journals.uchicago.edu/doi/10.1086/685594
A source from the linked article: https://www.journals.uchicago.edu/doi/10.1086/685594
> “Pass-through” businesses like partnerships and S-corporations now generate over half of US business income and account for much of the post-1980 rise in the top-1% income share.