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16min chapter
Larry Kotlikoff – Do We Need an Economist in the White House?
The Glenn Show
The Disincentives of High Tax Rates
This chapter explores the adverse effects of high marginal tax rates on work and savings incentives across different income groups. The discussion argues for comprehensive tax reform to alleviate poverty and promote economic productivity while critiquing current fiscal policies and their unintended consequences. It also addresses the complexities of international trade and the modern workforce dynamics amidst evolving economic policies.
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highlights
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