Larry Summers and Natasha Sarin on U.S. economy, tax policy and national debt (Full Stream 4/16)

[@barbh6987]

I love Natasha's saying, if you are earning in an opaque manner, you kind of get to decide weather you will pay some taxes or not. Isn't this what DT and other's like him did for decades and not are very unhappy the "new" regime in NY want and need that to change. If our government cannot sustain its expenditures then won't it collapse? Why would the wealthy want that to happen? We the people don't get it!

[@FinnBrownc]

There's been WAY too much "looting" of what some thought was a sinking ship. QE -> TTC -> Covid Bonanza -> BBB -> IRA etc. "Fair" taxes without "fair" spending & "fair" monetary policy won't do much to change that feeling. Time to go "back to basics"

[@jonestei1549]

i dont agree with both on using taxes to ensure wealth equality. democracy create an enviroment where people can be very creative and create wealth. pursuing our talents is very important in wealth creation what we need is redefining what wealth is not money.... good health (mind, body and spirit), family, peaceful society. some money, gold is not wealth only. i am in kenya we dont do cost benefit analysis...the debate is ok and relevant in kenya