Will Trump drive us to a better tax system?
Debunking Economics - the podcast
The Complexity of U.S. Taxation
This chapter examines the intricate landscape of taxation in the United States, focusing on sales tax disparities and their impact on public services. It discusses the implications of Trump's economic strategies and the potential stagnation resulting from reduced government spending, alongside the analysis of Value Added Tax (VAT) and its regressive effects on low- and middle-income earners. The speakers critique the historical evolution of income tax and the exploitation of loopholes by the wealthy, highlighting the pressing challenges in achieving tax fairness.
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