Episode 9: Even Economists Can’t Do Their Own Taxes
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The Importance of Incentives
A situation that's become so complex, people are completely unaware of what it is they're actually paying. And as we often say at times like these, incentives matter, right? Right. If people were forced on December 31st to do the four lines of math and then to go write a check and mail it to the IRS instead of this this shell game... It would be a better outcome. But it's an outcome that doesn't allow politicians to curry favor.
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