You touch on one of the key issues of our time, Bryan. How to do it has been revealed harder than thought. Real estate property taxes are an obvious way to go, but likely not enough
Otaviano Canuto is a former vice president and executive director of the World Bank, executive director of the International Monetary Fund, vice president of the Inter-American Development Bank, and vice minister of finance of Brazil. He is a non-resident senior fellow at the Brookings Institution and a senior fellow at the Policy Center for the New South.