Taxes and Milestones

Duration: 57:25 | Recorded on March 26, 2025S2E12 - Today, the brothers celebrate reaching a podcast milestone of 500 plays! Thank you, listeners! Prompted by the upcoming tax season, the main topic of today's episode is taxes. Kent shares research on total tax revenue as a share of GDP in the US compared to other developed countries in the OECD. They note that the US has a lower percentage compared to the average, with only a few major countries having a lower share. They touch on the national debt and the concept of the full faith and credit of the US.Featured Bourbon: 1792 Bottled in BondFeatured Rum: Plantaray (formerly Plantation) Stiggins' Fancy Pineapple Rum - Infused. Not Flavoured.Show NotesBilly BeerJ.R. Ewing's Private StockTax Policy CenterWhat is Value-Added Tax (VAT)?Chuck Schumer holds firm, rejecting calls to quit as top Senate Democrat