Rising Inequality, Demographics, and Tax Laws
Thomas Piketty and Russ Roberts discuss the factors contributing to rising inequality in America, including changes in demographics and tax laws. Piketty argues that non-taxable perks and benefits for top managers have increased, while Roberts suggests that changes in tax laws have artificially inflated the labor share. They also touch on the complexities of inequality within households and the increasing phenomenon of high-earning dual-income households.In this clip
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Thomas Piketty on Inequality and Capital in the 21st Century
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