Is pass-through taxation a giant loophole that steals money from the Federal government? A growing chorus Academics and journalists seem to think so. Does this new tact reflect an underlying reality or is it just the latest set of flawed talking points?
To find out, we’re joined by longtime ally George Callas, founder of the Callas Strategy Group and a DC tax policy veteran. George and Brian identify the questionable assumptions, outdated data, and misleading narratives underlying these claims. They also revisit the 1986 tax reform and explain why the rise of pass-through businesses are the solution to income inequality, not the cause of it.
Show Notes:
- Callas Strategy Group: https://georgecallas.com/
- Plucking the Golden Goose Substack: https://georgecallas.substack.com/p/welcome-to-plucking-the-golden-goose
- S-Corp on Auten & Splinter’s work: https://s-corp.org/2022/03/tax-hike-premise-takes-another-hit-debunking-saez-zucman-income-inequality-narrative/
- Washington Wire – Old Study, Same Bad Conclusions: https://s-corp.org/2026/10/old-study-same-bad-conclusions/