Taxes: Crash Course Economics #31

We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that tax money used for? This week, Adriene is going to cover all that and more. We'll talk about types of taxes, progressive and regressive taxes, tax brackets, and we'll even get into a few historical scenarios where bad tax policy led to revolutions.

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[Inotamarshmallow]

Well I now know more about the American tax system than my own country's tax system...

[findmestudios]

"Two certainties in life: Death, and Taxes."
- Benjamin Franklin

[MDO]

I’m just a 14 year old that doesn’t know what taxes is and I’m just getting ready for the future lmao

[SangoProductions]

I'm glad someone cleared up how taxes work (in the US at any rate). It's really annoying when people tell me (an accountant) that they'd make less if they are paid more. THAT'S NOT HOW TAXES WORK!
For some reason, they don't believe me.

[bboymonky]

I learned more about taxes in 13 minutes than I ever had in an highschool economics class. Guess which country I'm

[raulayala]

It does make sense that there are plenty of services that cannot be left up to the market, such as the university system. "No one likes paying taxes, but we do like what they do for us." Great conclusion.

[robertbones]

Crash Course has such an educational vibe to it. Nothing offensive or inappropriate, kind of thing your teacher puts on in the classroom.

[qhack]

What really flops the goat, when you realize that the majority of all taxes go to pay not for society, but instead pay for bureaucracy.

[dropdeaddork]

I just wanna say thank you for taking the time to make these videos. I'm home schooled so this is one of the many classes I really enjoy. Thank you! :)

[dangerouslytalented]

Gasoline taxes are also meant to pay for roads and bridges.

[MrAlant]

Woah where’s the dude that leaves the summaries down here

[KC-uphf]

I like how you show the Federal Reserve meanwhile talking about Government ideals. As the federal reserve is a private corporation.

[akashpatel-cbdq]

your crash course on economics is just amazing! i had never try to learn this ideas because of so much confusion.but now find become more interested in political debate than i ever had.thanks to you

[USrifles]

How much salt did you buy this year?
- about 7 kilos I think
Yep, there's gonna be a tax for that

OOOoOoh NOoOoOo!

[rayable]

Luxury taxes, Sin taxes, gasoline taxes, carbon taxes . Direct taxes = paid to government . Indirect taxes = paid to store, settle, or producer. Regressive taxes = Take a higher toll on people of lower income . Progressive taxes = Pay more because you make more. Proportional taxes = same about paid regardless / flat tax.

[alanarturoescalantequezada]

In the video, he explains how taxes have evolved, having many advantages within that area, such as the benefits that they can have from a remote time, of how people should pay and that they have a remuneration through the government having important organizations as national defense. and education, as these can be used for people and thus can be improved thanks to the payment of taxes, special taxes for cigarettes and alcohol are also implemented to minimize their consumption, as well as a tax on gasoline. Also having a division of direct and indirect taxes and their advantages and disadvantages within society.

[mustang]

It should be noted that those biblical tax collectors were so unpopular because they were skimming off the top.

[lavixl]

Broken down; "Why do you pay taxes? "

So you don't goto jail.

[bryanwan]

Two things are certain in life: death and me being late to the YouTube comment section.

[gwgux]

I love these videos. They're always informative and easy to follow. :)