What if socially useful jobs were taxed less than other jobs?

What if socially useful jobs were taxed less than other jobs?

Economic research increasingly indicates that some professions have “spillovers,” meaning that the social value of an individual’s work can be much higher, or much lower, than that individual’s compensation. The job market does not account for all social value. What policies can encourage talented workers to choose socially beneficial careers? Our recent paper, titled “Taxation…

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