Episode 12 The Psychology of Paying Taxes: How the Nudge, Budge and Trudge Create Big Revenue
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Episode 12 The Psychology of Paying Taxes: How the Nudge, Budge and Trudge Create Big Revenue
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Why do people pay taxes? The answer is more complex than just laws and penalties. This episode dives into the behavioral science behind tax compliance, revealing how governments can achieve staggering results without new legislation. We break down three key strategies: the "nudge" targeting individual choices, the "budge" that shifts societal culture, and the "trudge" that focuses on motivating the system from within. Learn how these psychological tools are building more effective, trusted, and efficient tax systems around the world. Generated with AI using wondercraft.ai and guided by our experts.
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