Why the "Double Tax" is the Canary in the Economic Coal Mine We Need to Pay Attention to
The Money with Katie Show
Money with Katie
4.8 • 1.3K Ratings
🗓️ 17 September 2025
⏱️ 88 minutes
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| 0:00.0 | There is strength in community, and that's kind of the thesis of the double tax, that when you link arms with somebody, it's a lot harder for somebody to push you down. |
| 0:13.0 | And so you better link arms with somebody, especially during a crisis. |
| 0:30.6 | The conversation that you are about to hear with my guest, Anna Gifty Opuku Aegeman, was so wide-ranging and enjoyable. |
| 0:39.1 | We actually booked 90 minutes just to be safe, make sure we had enough time, and we barely got through half of what I had planned for us. So welcome back to The Money with Katie Show, where today we are talking with |
| 0:44.7 | Anna Gifty about her new book, The Double Tax. Now, Anna Gifty is a researcher, first and foremost. |
| 0:51.0 | She's a researcher and a writer currently getting her PhD in public policy |
| 0:55.6 | and economics from Harvard's Kennedy School. She also happens to be the youngest recipient of a |
| 1:01.0 | C-Daw Women's Human Rights Award by the UN Convention on the elimination of all forms of |
| 1:06.9 | discrimination against women. And the double tax feels a little like a spiritual sister to rich girl nation, for reasons |
| 1:14.1 | that you'll hear shortly, but about the ways in which black women's experience of money |
| 1:19.4 | is different. |
| 1:21.1 | And as you'll hear me tell Anna Gifty in our conversation, I think oftentimes, especially |
| 1:26.2 | in this political moment, focusing on one specific |
| 1:30.5 | marginalized groups' financial outcomes can often be hand-waved away as meaningless identity |
| 1:36.7 | politics or virtue signaling without analytical merit and necessity. But Anna Gifty's core |
| 1:43.9 | thesis is that black women in the U.S. |
| 1:47.0 | are a little bit like an economic canary in the coal mine. It is in their statistics where the |
| 1:52.7 | economic cracks are always first to show. And it's why studying the levers that make gains |
| 1:58.4 | for black women specifically have ripple effects that boost other |
| 2:02.5 | groups, particularly the working class. So some of what we didn't get the chance to cover, |
| 2:08.1 | but I wish we had, included the role of student loans and home ownership in the racial |
| 2:13.1 | wealth gap. Now, I received an interesting listener email the other day that noted some of the specifics of the post-war GI Bill, which couldn't pass federally without the support of Southern Democrats. |
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