3 Comments

Re: Tax evasion at the top of the U.S. income distribution and how to fight it

The remedies seem to avoid an obvious one: jail for tax evasion. Wealthy people must learn that they cannot negotiate or buy their way out of evasion. Tax evaders need to spend time in jail, and not at a "Club Fed" but in a regular jail. Al Capone was put in Alcatraz when it was operating. I see no reason why such unpleasant conditions shouldn't be used as a big stick to increase compliance for all but the most criminal. A few high-profile cases to "encourage the others" seems a worthwhile investment.

Expand full comment

You know that I love you, Brad. However, you need to do a better job of proof-reading. I know that autocorrect is a huge part of the problem.

Expand full comment