Cato Audio cover image

April 2023

Cato Audio

00:00

The Pros and Cons of a Flat Tax

High tax states subsidize lower income states is a product of having a highly progressive income tax and transfer system. So if the Democrats want to complain that there's this transfer from California to Louisiana or whatever, the solution is to have a flat tax that taxes everyone at the exact same rate but that's not politically popular either.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner