Trending Globally: Talking tax reform with Mark Blyth and John Friedman

  Рет қаралды 13,727

Watson Institute for International and Public Affairs

Watson Institute for International and Public Affairs

6 жыл бұрын

On our latest episode of Trending Globally, the Watson podcast series, Mark Blyth talks with Professor of Economics John Friedman about the Republican tax plan; who wins, loses, and does it really matter in the long run.
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Пікірлер: 26
@gordonbradley199
@gordonbradley199 6 жыл бұрын
The rule of the people, by the money for the money.
@drakekoefoed1642
@drakekoefoed1642 6 жыл бұрын
There is no such thing as a stimulative tax cut. All tax cuts are big giveaways to the rich with a dump truck of horse manure to go with
@NickRedstar
@NickRedstar 6 жыл бұрын
A corporations mandate is to make a profit. If you lower taxes the percentage of profits goes up. Where is the incentive to invest?
@daolong51279
@daolong51279 6 жыл бұрын
The best part is the 1.4 trillion deficit is after using the dynamic scoring method which is overly favorable to tax cuts. Standard scoring would no doubt put that much higher.
@shadowdance4666
@shadowdance4666 6 жыл бұрын
As empires decline they rely less and less on precious metals in their monetary systems. Although the currency is over bloated and overvalued it may be a worthwhile investment at this time even if tricky. I like the price of platinum especially since it’s cheaper than gold even if historically more volatile
@MarkoKraguljac
@MarkoKraguljac 6 жыл бұрын
As far as this system is concerned it's perfectly fine to exclusively use stick of precarity and starvation on poor people and carrot of lower taxes and overblown praise on the rich (including those masterfully brainwashed poor who think they will be rich one day). "If you are poor, be grateful and work hard you lazy, scrounging piece of shit." "If rich, your investment highness, we will patiently wait and hope for manifestation of your infinite wisdom and goodness. Nothing else matters in this universe." Can anyone sense deep societal hypocrisy and double standards? Is this a reflection of US's international hypocrisy and double standards or vice versa?
@interactparty6629
@interactparty6629 6 жыл бұрын
Tax does not need to be paid so quickly as the government never needs tax in order to spend. It seems to me debt write-downs Steve Keen jubilee style would do a lot more good than tax cuts or taxing more. Money is created as debt. When money is created at the bank it becomes an asset on the books at the bank even though the money that was created did not exist before the date the debt/mortgage is arranged.
@ytrules35
@ytrules35 6 жыл бұрын
They have changed the rate, in the form of Bitcoin.
@alloomis1635
@alloomis1635 5 жыл бұрын
the usa is not a democracy. this matters not only in the functioning of the state, but even more in the character of the people. the intellectuals talk endlessly about 'what should be done,' but never about 'how to do it,' because they are powerless, and can not even imagine how to change things.
@drakekoefoed1642
@drakekoefoed1642 5 жыл бұрын
the french solved that problem.
@patrickvangelder3349
@patrickvangelder3349 6 жыл бұрын
the poor should stop wining, like their 30$ tax cut is less than the 6000 $ cut for the rich, tell me how you can buy a Diamonds is Forever Martini with only 6000$? now tell me how many beers you get for 30$!
@alloomis1635
@alloomis1635 5 жыл бұрын
pointless to talk about economic reform, when you have no political power. get democracy first, then use initiative and referendum to shape the nation for the welfare of the citizens.
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