Paul Krugman on inequality and New York Metropolis’s excessive taxes
additionally responds to critics who say larger tax charges would disincentivize work by stating the counter instance of New York Metropolis the place charges are pretty excessive.
“Does this metropolis out right here look to you want a spot the place individuals simply do not actually work very laborious as a result of taxes are too excessive? It would not strike me that method,” he says.
Watch the video above to listen to extra from Paul Krugman on revenue inequality.