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Larry Kotlikoff – What Explains Persistent Racial Inequality?

The Glenn Show

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Is There a Way to Get Away From the Welfare System?

We have a current welfare system is like 51 states, 51 states, including d c, times something like 30 different fiscal programms. We can get without going broke, wet, getting, actually, i think, much more revenue the 20 %. Make sure that nobody in the 20 belowes 20 per cent, is above in a marginal tax bracket, above 30%. I was just consulting in malta. You look, they've got another 20 programs. Thes bureaucracies grow on themselves. Nobody has optimized over this. So we can do a helpful lot better.

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