{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Ray Madoff (on how billionaires avoid taxes &amp; threaten capitalism)","description":"Ray Madoff (The Second Estate, Immortality and the Law, Practical Guide to Estate Planning) is a Boston College law professor, author, and tax-policy expert. Ray joins Armchair Expert to discuss being a proudly mediocre high school student, reluctantly trading philosophy for law school, and becoming a terrible Wall Street tax lawyer who loved teaching. Ray and Dax talk about America\u2019s return to a pre-revolutionary aristocracy, how \u201csalaries are for suckers\u201d among the ultrawealthy, and why $50 trillion in wealth yielded only $28 billion in estate tax. Ray explains why high earners and wealth holders aren\u2019t the same, how fair taxation could rescue capitalism, and why the problem is the system and not billionaires themselves.Thank you to our presenting partner Lilly. Lilly\u2019s Foundayo\u2122(orforglipron). Advertisement Disclaimer: Please see Indications and Safety Summary with Warnings for Foundayo\u2122(orforglipron) at https:\/\/www.foundayo.lilly.com\/risk&amp;nbsp;Start your 2 month free trial today: https:\/\/youtube.com\/premium . Terms Apply. Cancel Anytime.Check Allstate first for a quote that could save you hundreds: https:\/\/www.allstate.com\/&amp;nbsp;See Privacy Policy at https:\/\/art19.com\/privacy and California Privacy Notice at https:\/\/art19.com\/privacy#do-not-sell-my-info.","author_name":"Armchair Expert with Dax Shepard","author_url":"https:\/\/www.spreaker.com\/podcast\/armchair-expert-with-dax-shepard--7368204","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/43146203\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/207031848"}