2min chapter

The Prof G Pod with Scott Galloway cover image

No Mercy / No Malice: Taxes

The Prof G Pod with Scott Galloway

CHAPTER

Tax Avoidance Is Legal, Not Moral

The IRS hasn't had enough money to do its job for years, which is reflected in audit rates at all time lows. 36% of evaded taxes are owed by just the top 1% of households; this is a feature, not a bug. Cutting the IRS's budget has effectively raised taxes on lower and middle-income households. Fixing this should be a bipartisan issue: Give the IRS back the resources to enforce the law.

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