Saturday, March 12, 2016

How Progressive Income Tax Works- Video "A Tale of Three Brothers"

This PragerU video tutorial from 2014 is a great reminder of how the Progressive Income Tax actually works.

This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes.

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