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Ep. 2177 Poverty, Inequality, and Government Policy

The Tom Woods Show

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Is It the Private Sector That Determines Net Income?

People should be paid according to the value they bring to draw up. From a policy standpoint, it means that we should regulate s whe should let corporations or businesses decide how they want to run the gig. It's pure common sense. People think that is by implementing more regulations, more primitive policies, that things are going to be better for those who actually need to have a better economic condition. And this is not true. So it is important to deregulate, to cut taxes, to the regulate market so that people will have access to i resources. The only entity that has the power to determine net income is the state through at through taxation.

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