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14min chapter
Larry Kotlikoff – Do We Need an Economist in the White House?
The Glenn Show
Rethinking Taxation and Healthcare
This chapter examines the implications of a consumption tax system aimed at replacing income taxes, discussing its potential effects on wages, savings, and wealth distribution. The conversation also considers reforms in welfare and healthcare systems to improve efficiency while promoting individual responsibility. By advocating for a streamlined taxation approach and competitive healthcare models, the chapter highlights the complexities and potential benefits of restructuring current systems.
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