Pete Buttigieg

Which subsidies?

Can you name me a measure?

Can you name me a measure?

Can you name a measure by which it is not... I'm asking you.

Can you name a measure by which it is not... I'm asking you.

Yeah, I don't have a line item breakdown in front of me.

Yeah, I don't have a line item breakdown in front of me.

What I'm telling you is that it is not...

What I'm telling you is that it is not...

terribly contested, like if anybody listening to this podcast feels like opening up a window and looking it up for themselves just to figure out which one of us is right, it's not terribly contested that the majority of the benefit of TCGA and OBBA went to wealthy people.

terribly contested, like if anybody listening to this podcast feels like opening up a window and looking it up for themselves just to figure out which one of us is right, it's not terribly contested that the majority of the benefit of TCGA and OBBA went to wealthy people.

And it's definitely not contested, or I'd say generally not contested, that OBBA represents one of the largest transfers of wealth from lower income people to upper income people in global history.

And it's definitely not contested, or I'd say generally not contested, that OBBA represents one of the largest transfers of wealth from lower income people to upper income people in global history.

How do you measure that?

How do you measure that?

You can measure it in terms of wealth before and after.

You can measure it in terms of wealth before and after.

You can measure it in terms of the incidence of the different forms of taxation.

You can measure it in terms of the incidence of the different forms of taxation.

You can measure it in the total package that accounts for subsidy as well as benefit.