In this episode, we examine new polling on tax policy and the debate over taxing the rich, analyzing how effective tax rates and government spending affect deficit reduction. We discuss a breakthrough in medical innovation that has helped restore sight to patients with macular degeneration, and highlight the growing problem of political crassness in this week’s foolishness. We address a listener question on state pension reform and the inefficiencies of public bureaucracy, and explore how economic incentives influence behavior in areas such as conservation, resource management, and everyday decision-making.
00:00 Introduction and Overview
00:25 Taxing the Rich to Reduce Federal Debt
09:06 The Problem with Corporate Taxes
11:22 The Only Solution to the Spending Problem
12:33 A Cure for Blindness
15:25 Karoline Leavitt’s “Your Mom” Joke
18:03 Trump’s No Kings Protest AI Video
19:57 Municipal Workers Held Captive by State Pension Systems
23:16 Perverse Incentives Sustain Bureaucratic Systems
29:33 The Human Drive to Utilize vs. Cultivate Resources
35:38 The Consequences and Dangers of Internet Dependence
38:57 The Fragility of Internet Infrastructure
41:20 Conclusion
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