Senator Cory Booker: The Tax System Is Rigged — Here’s How To Fix It | Prof G Conversations

Senator Cory Booker joins Scott Galloway to discuss his proposal to make the first $75,000 of income tax-free – and how he plans to pay for it. They break down the tradeoffs between tax cuts and deficits, debate entitlement spending, and explore what a more equitable tax system could look like.

They also discuss the Democratic Party’s economic messaging, rising inequality, and how to restore trust in government.

We’re also now live on Substack.
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Timestamps
00:00 - In This Episode
01:30 - What’s the funding side of the Keep Your Pay Act?
03:20 - Can taxing the wealthy and closing loopholes really fund this?
04:55 - Does this plan mainly benefit upper-middle-income taxpayers?
07:43 - Can we afford tax cuts given current deficits and spending levels?
15:05 - Ad Break
18:33 - Can we achieve fiscal responsibility without addressing entitlement spending?
25:49 - Should we raise the age of eligibility and means-test social security?
27:01 - Is there legitimate justification for the US military operation in Iran right now?
30:21 - What’s the Democratic strategy to counter or constrain the president?
55:50 - Would this require overturning Citizens United?
37:15 - Ad Break
40:52 - What’s the state of play with the current government shutdown?
44:18 - How do you balance structural inequality with individual agency?
47:54 - What does masculinity mean to you, and who are your role models?


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