Tax Reform Challenges

Economist Greg Mankiw discusses the challenges and differing opinions surrounding tax reform, specifically the deduction for homeownership and the exclusion of employer-provided health insurance. He highlights the conflicting views between economists and the general public, and the need for more economic education to address these issues. Host Russ Roberts raises concerns about the narrowing tax base and the illusion of Social Security financing, leading to a demand for government by a large segment of the population with minimal tax contributions.