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Ep6 "Can (and Should) Corporations Be Taxed?" with Larry Summers

All Else Equal: Making Better Decisions

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You Can't Both Say That Only Rich People Own Equity

You can't both say that only rich people own equity and the vast regard of equity is held by pension plans and the like. There is equity that is held in a form where it is very difficult to tax, directly, through pension funds or iras. Equity youare not going to be able to tax. And so i'm not sure what you're proposing.

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