Disrupting Taxes and Reigniting the American Dream with Thomas J Cryan (WiM539)
The "What is Money?" Show
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Shifting Tax Burdens: Individuals vs. Corporations
This chapter explores the historical transition of tax burdens from corporations to individuals over the past 80 years, examining critical tax reforms and their economic implications. It highlights the disproportionate burden faced by the middle and upper-middle classes due to corporate lobbying and favorable tax statuses for the wealthy. The discussion also proposes a disruptive tax system to promote fairness and address the growing wealth inequality, while emphasizing the decline of the American dream for recent generations.
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