All Else Equal: Making Better Decisions

Rerun: Ep6 "Can (and Should) Corporations Be Taxed?" with Larry Summers

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Jun 26, 2024
Former Treasury Secretary Larry Summers discusses the complexities of corporate income tax, arguing for its retention as an effective tool to ensure the wealthy pay their fair share. He suggests improvements but advises against abolishing it without a superior alternative. The podcast delves into the burden shift of corporate taxes onto shareholders and examines practical challenges in taxing corporations, including collection from foreign entities. The speakers debate the pros and cons of corporate taxation policies, considering issues like tax avoidance and moral considerations.
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