2min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Economists Rule?

GoodFellows: Conversations from the Hoover Institution

CHAPTER

Is There a Way to Increase the Tax Rate on Human Capital?

There isn't much evidence that this can be done effectively at scale. It gets more complicated because then if you increase the threshold for the phase out, that can attenuate some of that a winlarge is probably going to be a wash onon the growth front. And it's expensive. We double the child tax credit in the 20 17 tax law and increased eligibility for it. That cost almost 600 million dollars over over ten years,. Without, probably without much of a positive growth, in fact. I'm not sure that that can be effect scalable.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode