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Inequality: American Buy, Borrow, and Die vs. Scandinavian Wage Compression

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Manage episode 500232514 series 3549321
Content provided by Cato Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cato Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Wealthy Americans are able to avoid taxes through an accounting strategy known as “buy, borrow, and die.” It’s why Donald Trump is able to pay as little as $0 in federal income taxes some years. But, as Peter and Paul discuss, it turns out that the strategy might work differently than researchers used to think.


Then, in the second half of the show, they discuss a surprising finding about income equality in Scandanavia, which isn’t a product of any of popular progressive redistribution policies like welfare benefits or parental leave. Rather, it’s because of significant wage compression and reduced income for highly educated workers.


Hosted on Acast. See acast.com/privacy for more information.

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15 episodes

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iconShare
 
Manage episode 500232514 series 3549321
Content provided by Cato Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cato Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Wealthy Americans are able to avoid taxes through an accounting strategy known as “buy, borrow, and die.” It’s why Donald Trump is able to pay as little as $0 in federal income taxes some years. But, as Peter and Paul discuss, it turns out that the strategy might work differently than researchers used to think.


Then, in the second half of the show, they discuss a surprising finding about income equality in Scandanavia, which isn’t a product of any of popular progressive redistribution policies like welfare benefits or parental leave. Rather, it’s because of significant wage compression and reduced income for highly educated workers.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

15 episodes

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