Videos
The Counter Revolution: Victor Davis Hanson On The Fall And Rise Of Trump
How did Donald Trump go from political defeat and the aftermath of January 6 to a second term in the White House?
October 19, 2026
Published: June 27, 2018
Marginal tax rates – how much someone is taxed on the next dollar they earn – affect how much people work, save, and invest. Everyone is affected by their marginal tax rate, and lower marginal tax rates lead to more rapid economic growth.
Discussion Questions
- How do marginal tax rates affect families at various levels of poverty?
- Are there any benefits to high marginal tax rates?
- Are there any negative consequences of low marginal tax rates?
Additional Resources
- Read John Cochrane’s blog post, “Economists and Taxes.”
- Listen as John Cochrane discusses his blog post "Economists and Taxes," available here.
- Read “We Need Corporate Tax Reform” by Richard Epstein.
- Listen as Richard Epstein discusses his Defining Ideas article "We Need Corporate Tax Reform," available here.
Related
Videos
What 2026 Nobel Laureate Robert Hall Taught Us About The Economy
Valerie Ramey discusses how Hall’s “New Keynesianism” school of thought impacts modern economic scholarship and its utilization in practical terms, as well as her working relationship with the future laureate, dating back to her graduate-school days, when she served as Hall’s research assistant on matters like the flat tax.
October 16, 2026
Videos
The Enduring Influence Of Thomas Sowell
From politics and economics to journalism and culture, leading voices reflect on how Thomas Sowell’s ideas shaped their thinking and continue to inspire new generations.
October 15, 2026