James Morley

That’s too bad. But I think the treatment effect won’t be uniform and generally better to be outside the US than in.

Statistically significant

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The Insurance Role of Progressive Taxes and Transfers: Are They as Effective as We Think? - Austaxpolicy: The Tax and Transfer Policy Blog The Australian and United States tax and transfer systems provide similar levels of consumption insurance for households in both countries.

Progressivity in taxes and transfers reduces disposable income risks, but it plays less of a role in smoothing household consumption against these risks than policymakers may think