Cato Daily Podcast cover image

A Bigger Government Means Giving Up Almost Half Your Paycheck

Cato Daily Podcast

CHAPTER

The Illusion of Solving Deficits Through Taxing the Rich

This chapter examines the idea that raising taxes on the wealthy can alleviate national deficits and support increasing government spending. It argues that the affluent do not possess enough wealth to fund expansive spending proposals and warns that all Americans may encounter higher taxes without substantial fiscal reforms.

00:00
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