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The Exorbitant Burden with Matthew C. Klein

The ACID Capitalist Podcast

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Is the Budget Tightening a Bad Idea?

There was a ton of spending and sort of temporary tax relief for the pandemic. At the same time, it stopped. You have sort of the natural countercyclical automatic stabilizers going the other direction. For much of 2022, you had a situation where capital gains taxes were just going through the roof because of all the actual sold 2020.

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