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I was in Target, waiting for a prescription. I went through the wants-versus-needs debate many times during the 15 minutes it took to fill the prescription!

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Thanks for tackling tax from a policy and macro standpoint!

My Q--what do economists say the most and least effective ways to tax are? It seems to me that estate tax is effective. However estate tax seems to creates a large sector of attorneys and accountants whose jobs depend on getting around it. Ultimately, that's not productive!

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