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626. Ten Myths About the U.S. Tax System

Freakonomics Radio

CHAPTER

Taxation and Economic Beliefs

This chapter explores the complexities of taxation, particularly the burden on the middle class versus the wealthy in America. It contrasts U.S. tax rates with Europe's, emphasizing the inadequacy of taxing the wealthy to fund government expenses while detailing the tax contributions across different income groups. The discussion also touches on behavioral economics, political challenges, and the need for long-term thinking in economic policies, including the fight against climate change.

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