The Economist Next Door

Paul Mueller

The Economist Next Door with host Paul Muller is AIER's newest podcast. It's a plain-spoken guide that makes complex ideas accessible to the "everyman" and "everywoman." No PhD required. In place of partisan spin, we're offering honest analysis and an optimistic spirit and translating academic concepts into clear conversations. Paul Mueller is a Senior Research Fellow at the American Institute for Economic Research. He received his PhD in economics from George Mason University. Previously, Dr. Mueller taught at The King's College in New York City. He has published widely in both academic and popular publications.

  1. May 12

    Do the Ultra-Wealthy Pay Their Fair Share in Taxes?

    In this episode of The Economist Next Door, host Paul Mueller is joined by AIER colleagues Tom Savidge and Julia Cartwright to examine one of the most persistent claims in American politics: that billionaires pay little or nothing in federal taxes while ordinary workers carry the burden. The conversation breaks down the federal tax system — including taxes on income, capital gains, corporate earnings, and payrolls — showing why headlines about the ultra-wealthy often obscure reality. Along the way, the scholars explain why high-income earners still account for a disproportionate share of federal revenue even as the code contains a maze of deductions, exemptions, credits, and loopholes. The scholars explore the deeply convoluted — and often regressive — nature of the tax system, including the compliance costs, incentives, and distortions it creates for workers, investors, and entrepreneurs alike. The discussion touches on the "Bootleggers and Baptists" dynamic in tax policy, where moral arguments about fairness often align with the interests of well-connected groups that benefit from preserving complexity and special carveouts. The episode also examines the Laffer Curve and the idea that excessively high tax rates can discourage productive activity and ultimately reduce economic growth and tax revenue. What would a simpler, less distortionary tax system look like? And why is meaningful reform so difficult? Listen and find out!

    49 min
4.9
out of 5
76 Ratings

About

The Economist Next Door with host Paul Muller is AIER's newest podcast. It's a plain-spoken guide that makes complex ideas accessible to the "everyman" and "everywoman." No PhD required. In place of partisan spin, we're offering honest analysis and an optimistic spirit and translating academic concepts into clear conversations. Paul Mueller is a Senior Research Fellow at the American Institute for Economic Research. He received his PhD in economics from George Mason University. Previously, Dr. Mueller taught at The King's College in New York City. He has published widely in both academic and popular publications.

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