Episode 25: The Laffer Curve: How Government Made Work Pay Less — And Dependence Pay More & How We Fix It

In this episode, I break down the Laffer Curve and why it matters today.The basic idea is simple: if government taxes work too heavily, people work, invest, build, and take risks less. And if the welfare system makes dependence more rewarding than independence, dependency grows.This episode looks at how government policy has made work pay less, why Britain’s tax system punishes productivity, and why high taxes eventually weaken the very economy the state depends on.I also explain how we fix it:lower taxes on work, lower taxes on investment, lower taxes on business, a simpler tax system, welfare reform, and — most importantly — a much smaller state.Because you cannot have independent citizens and an ever-expanding government at the same time.At some point, it is one or the other.Listen now — and ask yourself: how different would your life be if you were allowed to keep more of your own money? Get full access to Taxed & Taken: Money, Power & Freedom from the State at patelankeet.substack.com/subscribe