Chapter
Taxation, National Currency, and the Influence of the President on the US Economy.
43:14 - 48:26 (05:12)
The larger the tax gap, the more the honest people are penalized, thus, enforcement and good payment are crucial to close the tax gap. While there is debate on how much influence a president has on the economy, the advantages of having much less cash, especially big bills, are significant.
Clips
The author believes that the more digital we get with money the better off more people will be.
43:14 - 45:07 (01:53)
Summary
The author believes that the more digital we get with money the better off more people will be.
ChapterTaxation, National Currency, and the Influence of the President on the US Economy.
Episode#199: Stephen Dubner -- The Art of Storytelling and Facing Malcolm Gladwell in a Fist Fight
PodcastThe Tim Ferriss Show
This episode discusses the benefits of going cashless, including how it could potentially help close the tax gap and create a more honest system for taxes.
45:08 - 46:16 (01:07)
Summary
This episode discusses the benefits of going cashless, including how it could potentially help close the tax gap and create a more honest system for taxes. The conversation also touches on the influence of Presidents on the economy.
ChapterTaxation, National Currency, and the Influence of the President on the US Economy.
Episode#199: Stephen Dubner -- The Art of Storytelling and Facing Malcolm Gladwell in a Fist Fight
PodcastThe Tim Ferriss Show
The extent of the US president's power in influencing the economy is debated.
46:16 - 48:26 (02:10)
Summary
The extent of the US president's power in influencing the economy is debated. While some argue that the economy is a complex system and largely immune to presidential influence, others point to the history of the presidency's unilateral power to shape policy with a significant impact on the economy.