
Ten Myths About the U.S. Tax System (Update)
About this episode
Episode: Ten Myths About the U.S. Tax System (Update)
Pub date: 2026-04-08
Get Podcast Transcript →
powered by Listen411 - fast audio-to-text and summarization

Nearly everything that politicians say about taxes is at least half a lie. They are also dishonest when it comes to the national debt. In this update of an episode from 2025, Stephen Dubner finds one of the few people in Washington who is willing to tell the truth — and it’s even worse than you think.
- SOURCES:
- Jessica Riedl, budget and tax fellow at the Brookings Institution.
- RESOURCES:
- "How Did DOGE Disrupt So Much While Saving So Little?" by Emily Badger, David Fahrenthold, Alicia Parlapiano, and Margot Sanger-Katz (New York Times, 2025).
- "Correcting the Top 10 Tax Myths," by Jessica Riedl (Manhattan Institute, 2024).
- "Spending, Taxes, and Deficits: A Book of Charts," by Jessica Riedl (Manhattan Institute, 2024).
- "Why Did Americans Stop Caring About the National Debt?" by Jessica Riedl (Reason, 2024).
- "A Comprehensive Federal Budget Plan to Avert a Debt Crisis," by Jessica Riedl (Manhattan Institute, 2024).
- "When Does Federal Debt Reach Unsustainable Levels?" by Jagadeesh Gokhale, Kent Smetters, and Mariko Paulson (The Wharton School of Business, 2023).
- "The Limits of Taxing the Rich," by Jessica Riedl (Manhattan Institute, 2023).
- EXTRAS:
- "Farewell to a Generational Talent," by Freakonomics Radio (2024).
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The podcast and artwork embedded on this page are from Freakonomics Radio + Stitcher, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Get every episode summarized
Each time Wenbin Fang's Podcast Playlist publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Wenbin Fang's Podcast Playlist

Lessons from Ted Weschler’s $264 Million Roth IRA
Wenbin Fang's Podcast Playlist

Cost-cutting, quiet guilt and the inflation generation
Wenbin Fang's Podcast Playlist

Deep Dive on World of Hyatt: Points, Perks and Status
Wenbin Fang's Podcast Playlist

Cloudflare CEO: The Man Deciding The Internet’s Next Business Model
Wenbin Fang's Podcast Playlist