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Govt 2: How taxes change behavior and the economy (Taxes)

Planet Money Summer School

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Understanding Taxes and Their Societal Impact

This chapter explores the principles of progressive taxation and its relationship with marginal utility, emphasizing how wealthier individuals contribute more. It also discusses the impact of negative externalities and proposes a Pigouvian tax as a potential solution, while concluding with announcements about future events and educational topics.

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