Moyers & Company How Tax Reform Can Save the Middle Class
In part two of his interview, economist Joseph E. Stiglitz says corporate tax abuse has helped make America unequal and undemocratic. But the Nobel Prize-winner has a plan for overhauling America's current tax system. Stiglitz believes that taxes should incentivize corporations to act in ways that benefit our country. However, you have to shape incentives; markets on their own do not necessarily shape them the right way.
"In part two of his interview, economist Joseph E. Stiglitz says corporate tax abuse has helped make America unequal and undemocratic. But the Nobel Prize-winner has a plan for overhauling America's current tax system. Stiglitz believes that taxes should incentivize corporations to act in ways that benefit our country. However, you have to shape incentives; markets on their own do not necessarily shape them the right way."@en
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