Noah Smith & Brad DeLong’s 30:00 < [Length of Weekly Podcast] < 60:00
Financial arguments towards upper taxes that can were rather believable again within the days of 70% or so most particular person and 40% or so most capital positive factors tax charges merely don’t observe now.
Proper-wing events that do not suppose they may be able to credibly make the argument that cosseting their core constituencies is vital for fast financial expansion seek for some non-economic cleavage during which the wealthy and the right-thinking deficient, or the right-colored deficient, will also be on one facet and the individuals who search a fairer and extra equivalent distribution of revenue and better taxes at the wealthy will also be put at the different—let’s all yell about essential race principle, and possibly they may not take note of the truth that we simply, you understand, take everyone’s cash.
Capital to fund funding is in reality no longer a large constraint presently—incentivizing financial savings in monetary property in reality is solely pushing on a string.
Corporations with investments that experience top societal price in growth wish to be correctly incentivized—both by means of the odor of extra earnings subsequent yr from serving a bigger marketplace with decrease prices of manufacturing thru higher scale, or thru the federal government paying and so getting costs righter than the unfastened marketplace will get them.
“Doge coin” is pronounced with a cushy “g” sound.
No, Doge coin isn’t named after the name of the pinnacle of state of the Venetian Republic
Doge coin’s title comes from the Homestar Runner line: “I desire a doge”…
Len Burman (2021): Biden Would Shut Massive Capital Good points Loopholes—At Least For The Wealthy <https://www.taxpolicycenter.org/taxvox/biden-would-close-giant-capital-gains-loopholes-least-rich>
Peter Diamond & James Mirrlees (1971): Optimum Taxation and Public Manufacturing I: Manufacturing Potency <https://www.jstor.org/strong/1910538>
Peter Diamond & James Mirrlees (1971): Optimum Taxation and Public Manufacturing II: Tax Regulations <https://property.aeaweb.org/asset-server/journals/aer/top20/61.3.261-278.pdf>
Ken Judd (1999): Optimum Taxation and Spending in Normal Aggressive Enlargement Fashions <http://darp.lse.ac.united kingdom/PapersDB/Judd_(JPubE_99).pdf>
Paul Krugman (2021): Why Doesn’t Reducing Taxes at the Rich Paintings?<https://www.nytimes.com/2021/04/30/opinion/tax-cuts-rich.html>
Jacob Lundberg & Johannes Nathell (2021): Tax Burden on Capital Source of revenue: World Comparability <https://taxfoundation.org/tax-burden-on-capital-income/>
Robert McClelland (2021): Fending off Biden’s Proposed Capital Good points Tax Hikes Received’t Be So Simple. Or Will It? <https://www.taxpolicycenter.org/taxvox/avoiding-bidens-proposed-capital-gains-tax-hikes-wont-be-so-easy-or-will-it>
Alicia Munnell (2021): Biden’s Plan to Totally Tax Capital Good points Is Excellent Coverage<https://www.marketwatch.com/tale/bidens-plan-to-fully-tax-capital-gains-is-good-policy-11620658190>
Garrett Watson & Erica York (2021): Capital Achieve Charges Below Biden Tax Plan<https://taxfoundation.org/biden-capital-gains-tax-rates/>
Thomas Piketty & Emmanuel Saez (2012): A Idea of Optimum Capital Taxation <http://gesd.unfastened.fr/w17989.pdf>
Ludwig Straub & Ivan Werning (2020): Certain Lengthy-Run Capital Taxation: Chamley-Judd Revisited <https://www.aeaweb.org/articles?identity=10.1257/aer.20150210>
Tax Basis (2017): Initial Main points and Research of the Tax Cuts and Jobs Act <https://taxfoundation.org/final-tax-cuts-and-jobs-act-details-analysis/>
&, after all:
Vernor Vinge: A Fireplace Upon the Deep <https://books.google.com/books?identity=fCCWWgZ7d6UC>