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>>> single biggest predictor of someone's lifetime income is their parents income.

I would have guessed it would be incarceration. Do you have some numbers to support your belief? Wealthy parents likely were not incarcerated, so there may be overlap.

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I expect your correct, wealthy parents tend not to be incarcerated. Also more likely to be able to supply their children with high quality care if they are.

As for numbers, here's some: https://www.businessinsider.com/parents-determine-child-succ...

Data Shows Affluent Black Kids Are More Likely to Be Incarcerated Than Poor White Kids https://eji.org/news/study-rich-black-kids-more-likely-incar...

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