Structural Revenue Issue Negates Deficit Gains: Kleinbard

The transcript discusses the improvement in the deficit and the issues with the current tax base, highlighting the need for revenue-side solutions. It explores the narrow tax base, misconceptions about who pays taxes, and critiques American political views on taxation. The role of luck in personal success is also examined, emphasizing that success is not solely due to personal virtues.

What are the long-term structural problems mentioned regarding the tax base?

What is the significance of the statement about the upper third of Americans and income tax?

In what ways do low-income individuals contribute to taxes despite not paying income tax?

What critique does the speaker offer regarding the perception of taxation in American political thought?

How does the speaker describe the relationship between personal success and luck?