Gabriel Zucman on Inequality, Growth, and Distributional National Accounts
EconTalk
00:00
What Drives Top Incomes?
In the 19 sixties, UK had highest top mate income tax rate in world at 90%. Now it's 20% and there is no incentive to earn more than that. Top earners are better able now to extract very high salaries from corpord bolls. That's at the expense of maybe other workers in the firms. And i think explains not everything, but part of the increase in the very highest incomes in the west.
Transcript
Play full episode
