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Or maybe halving the capital gains tax had something to do with it:

https://upload.wikimedia.org/wikipedia/commons/3/3a/Federal_...

Something certainly happened around 1970-ish: https://www.mises.ca/wp-content/uploads/2013/12/graph-1.png

Looks like 1st percentile wage growth stagnated right around 1970, but 99th percentile wage growth didn't start accelerating until around 1980 - right around when bond prices started rising again, after falling through the 70s. And they've been rising ever since.

You bet your ass something happened. I'd love to know what. https://upload.wikimedia.org/wikipedia/commons/4/48/U.S._inc...

Nixon and then Reagan's policies.

Which policies, exactly, caused the discrepancy we see in pre-tax income growth?

Or are only only referring to incarceration rates?

Nixon started the war on drugs in 1971 - that's what you're looking at there.

The free movement of capital across national borders is not helping