EPISODE · Sep 11, 2024 · 29 MIN
Should Billionaires Pay Higher Fines?
from Chicago Booth Review Podcast
In some countries, fines change according to income, but so far US cities have been reluctant to try it out. Chicago Booth's Jean Pierre Dube thinks that's a mistake. He says uniform fines are regressive, don't act as a deterrent, and that personalized fines could bring in more revenue for cities. So why are US cities so reluctant to do it?
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Should Billionaires Pay Higher Fines?
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