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Kathryn Anne Edwards

๐Ÿ‘ค Speaker
608 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

And they don't require a new wealth tax on billionaires in the process.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Oh, let him go.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Oh, gosh.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

IRS funding is, it is, okay, I have to calm down.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I get very upset at how public servants are taxed when they're doing a job that Congress has told them to do, and then Congress attacks them for doing that job in the case of the IRS.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

So it's hard for me to speak about that with an even keel.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

What I will say is that audit data is really, really consistent, and that if you audit high-income households, you'll generate more tax dollars for a decade.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Well, I mean, it's not even that you make money.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

They're educational.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

But taxes are also complicated.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

And so they mess up on taxes.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

And if you're like, hey, you can't claim this, they won't claim it for the next 10 years.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

And so the impact that you have of audits is instructive to just how complicated our tax code has become and how much more money we can get if people could just follow it.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

The tax gap.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Yeah.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

AMTs, I think I'm opposed to on principle just because I don't like adding complexity to our tax system.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I think that it's the weakest component of it.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I guess I would just not need the A part.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I would prefer if the tax code itself was elegant as opposed to the minimum as an alternative.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

But I think you and I are at six of one for half a dozen of another.