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The Design Objection to Increasing Tax Revenues
My big objection to your whole plan is a design objection yeah now one familiar rant that i keep going on uh that have you know addressed in different episodes is that people often conflate rising tax revenues for how well you're doing economically. My worry therefore is that the incentives that you are then setting on each state gum and on each state state as it were is to raise taxes because well laffer curve and all is fine here but the point is that when you're doing short-termism, higher taxes can lead to less money coming in.