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EP029 - Matt Bruenig

Bridges Podcast

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Evaluating Tax Systems and Government Debt

This chapter examines the inefficiencies of various tax systems, comparing the U.S. framework to that of the Faroe Islands, while highlighting the advantages of government-managed tax withholding. The discussion covers the complexities of sovereign debt, the implications of deficit spending, and the need for equitable wealth distribution through taxation. Additionally, it critiques perceptions of government efficiency versus private sector practices, advocating for a deeper understanding of how government functions can support economic stability and growth.

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