Taxes: Crash Course Economics #31
ฝัง
- เผยแพร่เมื่อ 26 เม.ย. 2016
- 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.
Crash Course is on Patreon! You can support us directly by signing up at / crashcourse
Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:
Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks
--
Want to find Crash Course elsewhere on the internet?
Facebook - / youtubecrashcourse
Twitter - / thecrashcourse
Tumblr - / thecrashcourse
Support Crash Course on Patreon: / crashcourse
CC Kids: / crashcoursekids
![ความรักของยักษ์เขียว (ทศกัณฐ์) - เดี่ยว ไออุ่น [OFFICIAL MUSICVIDEO 4K]](http://i.ytimg.com/vi/yCCy-QVHqK8/mqdefault.jpg)
"Two certainties in life: Death, and Taxes."
- Benjamin Franklin
findmestudios not death. longevity escape velocity
True
@@Pro-kesh no such thing
Well I now know more about the American tax system than my own country's tax system...
same here
+DaemonLion good chance that's true for me as well. I know more specifics of my own countries taxes because of doing the paperwork but less about the overal structure now.
at least I don't believe the notion some have that I pay taxes to appease my government. I know why I pay so like any customer I want a decent service back for it.
+lucidity If you were a customer, you'd be able to take your money elsewhere for that service. You're a victim.
Dorian Scott only if my government starts abusing it to kill random brown people in the middle east.
you hope they do decent shit whit it like universal healthcare and education.
These are basic concepts in every tax code.
Crash Course has such an educational vibe to it. Nothing offensive or inappropriate, kind of thing your teacher puts on in the classroom.
I’m just a 14 year old that doesn’t know what taxes is and I’m just getting ready for the future lmao
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.
+SangoProductions213 decades of propaganda from the far right, you Yanks really don't like taxes for some reason, it's almost as if you don't want your government to function
+Field Marshal Fry we have a bad history with taxes
+Field Marshal Fry I think that you mean "SOME of you Yanks". I'm a big fan of public goods and services. I was born in a public hospital. As a kid, I lived in public housing. I was educated in public schools. My first real job was in the Army. After the Army, I went to a public university. After university, I was married by a judge in a courthouse. When I was in an automobile accident, public firemen came to my rescue. My surgery was conducted by a team of publicly-educated doctors at a public medical university. How do I currently support myself? A position at a public university.
+Field Marshal Fry We don't! :) We "Yanks" want government as small as possible while still offering bare necessities such as protection, and the small as possible tax to go along with that.
Because government is not capable of much efficiently. It lacks the market signals to adjust "quantity produced," and politicians love to bathe in free tax money. It is like paying more for less compared to private firms offering the same service.
Power Max Centralisation is actually extremely efficient when the demand is effectively infinite, such as education, healthcare, trash pickup, water, food (at least on the production end, rather than refinement. potatoes compared to mashed potatoes), and so on.
If every person had to individually hire someone someone to come pick up their trash, rather than one service serving everyone...well, there'd be a lot of wasted time, money and gasoline.
..In fact the same can be said for literally every product / service. However, a centralised system does...well...limit competition. So, you really only want this in a system that doesn't benefit as much from competition.
Which was why monopolies were heavily regulated. They are just far too powerful. Thus, in an unregulated economy, they shove out any competition, reaping the benefits of both a "free market" and cutting costs by not having to do anything but squash competition. And in an environment where your goal is to fill your pockets, rather than serve the people...well, just look up Laissez Faire Capitalism.
Yes, while politicians certainly tend to be of the less...ethical / altruistic nature, the system itself is built for the people. While a company is explicitly made with the intention of getting as much money as possible.
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.
+Q-Hack! ...Corporate bureaucracy.
+ilr People keep using that phrase... I don't think it means what you think it means. Corporate bureaucracy is internal to the individual corporation.
However, the Department of Homeland Security is a government bureaucracy that has little to show for our tax dollars spent. If you still think we really need the DHS, then how about the Office of Policy Analysis and Development, or Division of Policy, or the Division of Policy, Planing and Evaluation... or the myriad of other bureaucracies based on studying policies.
There are literally thousands of government bureaucracies that, if they went away overnight, would have very little impact on America's quality of life and yet save trillions in taxes.
??? You think Social Security, Medicare/Medicaid and the Military don't fall under the category of bureaucracies? Heck, Just looking at the Military, we could cut the foreign aid budget and save billions. Our society is really good at throwing money at perceived problems... we are not good at getting a valued return on investment.
ArtPlays Ah yes, the Barbra Boxer's claim of
true that..
I learned more about taxes in 13 minutes than I ever had in an highschool economics class. Guess which country I'm from.......
did you learn that taxation is theft?
bboymonk3y you had an economy class in high school? I had to go to community college for that!
Tell me about it. I don't know about you, but for me it was a half-semester class literally immediately before graduation - classic 'Oh yeah, before you go, you might need this...' approach.
bboymonk3y php?
Somalia
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.
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! :)
You are very right sir. I'll be sure to check that out, thanks.
Gasoline taxes are also meant to pay for roads and bridges.
HAHAHAHA idk where you're from buddy not in America they're not LOLOL
+Bob Sagit the gas tax in the US is a direct funding tax for infrastructure, the federal one anyway. atleast 60% of it goes to infrastructure
Hammer Smith ... I never said USED to support infrastructure, I said MEANT to support infrastructure. Nowadays, they have bitten into infrastructure and pretty much everything else to support tax cuts for the rich.
dangerouslytalented gax taxes is meant to force you stop driving and take the bus. Not fund road building. Thats not how its suppose to work.
Broken down; "Why do you pay taxes? "
So you don't goto jail.
Taxes are theft.
+markovcd
If I provided you a house for you to live in, a convenient and well educated workforce and consumers, it would not be theft for me to take a portion of your income. This is taxation, though in reality it's even more than that...it's society regulating the relative value of it's citizens and attempting to enforce general values on specific outliers to that society that might want to make use of the benefits of the society without contributing to it.
To sum up, the real theft would be making use of society's advantages without contributing or at least repaying what you've been given.
+David Schallert wrong. You can't provide things against someone's wishes and extract money from them. That's still theft because it violates his consent.
You don't owe for that which you have not consented to contract for. Also the state didn't just come up with these things. It steals first and then gives some back. You're not addressing the original theft.
I hope only people that pay taxes drive on public roads, walk on public sidewalks, use public facilities, use public parks, etc.... /s
+lavixl do you also hope that only people who pay protection money live on mafia turf? Because you seem to be under the delusion that violence is an acceptable way to generate claims of ownership. Said things don't belong to the state any more than turfs belong to the mafia.
Woah where’s the dude that leaves the summaries down here
Alan tovar ikr 😭
It should be noted that those biblical tax collectors were so unpopular because they were skimming off the top.
Because they had to. The Romans never payed their collectors.
What irks me about this video is their flawed logic "because man has been forced to pay taxes for hundreds of years must mean it's the right thing to do." It awfully sounds like "...because slavery has been around for thousands of years, it must mean slavery is find and dandy." Crash Course? Nah...ASS COURSE!
+Chip Fernandez
I don't think they were arguing that it's right simply because it has been around for so long, just giving some historical context.
Also, do you really think taxes are analogous to slavery, or are you being hyperbolic?
+Chip Fernandez
If we want to discuss why taxes are important, the historical justification is indeed flawed. Taxes are important because we, as a citizenry, are basically paying the government for services that we have all decided we need, and that no private, for profit organization could be relied upon to provide to the extent or with the reliability as a governmental organization, like schools, highways, and an electrical grid.
@@Enchie Zacchaeous promised to pay back people who he had "wronged". Perhaps they took more then was meet.
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
I love these videos. They're always informative and easy to follow. :)
Two things are certain in life: death and me being late to the TH-cam comment section.
and taxes
You think you're late for the comment section? XD
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.
Thank youu for thiss
@@buzzfeedteen Your welcome.
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.
I like how you show the Federal Reserve meanwhile talking about Government ideals. As the federal reserve is a private corporation.
*government-created monopoly
+Kyle H The Federal Reserve is a federal as Federal Express.
+Progressing in Fitness It is a privately owned corporation with their own interests in mind.
+LiNcKz What?
+Kyle H federal in federal express is only part of the name they aren't a government entity
How much salt did you buy this year?
- about 7 kilos I think
Yep, there's gonna be a tax for that
OOOoOoh NOoOoOo!
Do an episode covering political corruption and its effects on the economy please
+unknownpawner1994 That's a question of politics and law more than it is economics.
+SphincterOfDoom corruption has a large effect on the economy
+SphincterOfDoom
It is a significant part of Development Economics.
+unknownpawner1994 Better yet, a video about the "Federal" Reserve debt-slavery system.
+SphincterOfDoom You don't think at the very least behavioral economics doesn't influence politics, power, influence, and ultimately the entire economic system?
If we got rid of all the deductions and tax exemptions, we would have them again by the next day. Tax exemptions and deductions are essentially what Congress does.
That's absolutely true
Sad but true: Congressmen LOVE picking winners & losers...& receiving campaign support
It has nothing to do with government picking winners and losers, it is all about Congress wanting to encourage some behaviors (like owning a home, or saving for retirement). So these deductions apply everyone, it just happens to be that the rich are able to hire people whose job it to just look through all the deductions and apply all of them.
The poor might get the deductions, but they need know about them in order to claim them, and they don't have time to sit through all of them and figure out what applies to them.
So when I said "we would have them by the next day", I meant "Congress would start giving deductions again to encourage some behaviors". And deductions are also politically good, who doesn't love it when their congressman votes for giving them a tax break?
I guess you can say this video is quite...
Taxing.
Good one.
Also inevitable.
+TheFireflyGrave yes it was
Taxation is theft
Thank you An Cap. I love you
Really needed this- a 14 year old boy who has an economic exam coming in 3 weeks
Thanks Adrian. That was as always, very interesting and informative.
I am a tax expert but I still learned a lot of new things from this video!
"Taxes are older than all of us"
Queen Elizabeth II: ...
Yes
.
Fun Fact: The British didn't enforce any of their taxation policy on the American colonies until the Tea Tax.
+The Pain of Harold thanks based harold.
+The Pain of Harold thanks based harold.
+The Pain of Harold exactly, and even then that was because the Crown was bankrupt and needed money fast, and the 13 Colonies had started the war which cased said bankruptcy
+The Pain of Harold also there were strong anti-slavery movements in Great Britain at the time, with emancipation being pushed by the courts in 1772, and all the Founding Fathers owned salves...
+Field Marshal Fry *most founding fathers* Thomas Paine (federalist Papers) and John Adams didn't own slaves. Also we can put a little blame on the British for setting up the triangle trade... At least Thomas Jefferson thought we could :D
Thank you government people for telling me what's good for me and spending my money with the values I aught to have as opposed to the ones I actually have.
+Frank Cooke Commie.
Taxation is theft, not sharing. Sharing precludes threats of violence because it is done voluntarily.
I think you missed a chance to talk abut the principles of taxation, Ie, the framework with which taxes are set. Common principles include equity, efficiency, simplicity, policy consistency and sustainability. There can be a couple more depending on what you read, but they are useful questions to ask when setting taxes.
Excellent video, it has a very good explanation about taxes, it explains you in a clear and understandable way.
It is good to have the opportunity to obtain such accurate information about taxes in less than 15 minutes.
The video explains that taxes are contributions that each person must pay to the State, to pay for the collective needs of society, these taxes have long been applied in exchange for benefits, and the government with the money raised seeks to meet the needs of society, also specifies and demonstrates the differences between progressive taxes that are higher income or income, the higher the percentage of taxes that must be paid and the regressive tells us that the higher the income or income, the lower the percentage of taxes that must be paid, thanks to this valuable information one can understand the reason that they charge us taxes and what they do with them.
I'm fine paying taxes, I just want billionaires to pay their fair share.
According to the video, taxes have existed for thousands of years in order to help those who have less as well as provide services for all citizens which are created from the proceeds. There are different types of taxes and there are different percentages depending on the country, however, they all raise the percentages when it comes to items that damage the environment and health.
The only way to save yourself from taxes is by revealing yourself to the Government or by not consuming anything that is taxed and that is almost impossible.
Reading those little tidbits at the start of each episode has become something to look forward to.
Excellent video. You're a very effective speaker.
A joke by Mark Twain:
Q: What's the difference between a taxidermist* and a tax collector?
A: A taxidermist only takes the skin.
*man who deals in animal skins
Taxes are legal protection money. I think taxes should be volontary.
+ost355 Than don't receive health care and other services that are funded with tax, simple
***** I would be willing to give it up if I was able to become a selfdetermined selfreliant individual without the burden of taxes and conscription. I could then finally live in a kapitalist society without a fear of state violence and captivity.
+ost355 until the local police stop getting money and you can rob a store with no consequences.
Peardude89 And get shot by the storeowner for behaving out of line.
One of the best series on the internet.
I liked the video, because it helped me to better understand the taxes, which are nothing more than help to public spending, taxes are contributions that tax or legal persons contribute, taxes in Mexico are an obligation and in response you get benefits in education, roads, and things that help to have a better lifestyle.
T
i bet if any liberal has watched most of these they would no longer be a liberal, love what you guys are doing educating those liberals.
ok no longer, "economically liberal" so more libertarian.
+justin bouche Have you even really watched those videos?
+Juan Hernandez ah yes. Good old ad hominem arguments. Care to substantiate your claim or are you just regurgitating what liberal media has told you to think?
+justin bouche sure I will when I no longer want
1. roads
2. police
3. fire departments
4. defense
5. no sort of social safety net
6. public education
7. sewers
+justin bouche well i'm still liberal so your hypothesis is disproved.
i'm curious as to what services the market would never provide (as opposed to providing in a different manner or level).
Can you do a video on how I can extract taxes from people in all the ways you just mentioned? Sounds like a pretty good deal.
A proportional tax sounds like something I could go for. (But then again, I disbelieve in an income tax as a whole regardless of how equitable it is.)
First Vlogbrothers does videos about taxes and now CrashCourse does, coincidence; I think not.
up yours
+Robert Eklund It's also tax season...
AbdelRahman Fawzy I knew. But is that not why it's no coincindence?
+Robert Eklund What of it?
Leopoldo Aranha The "owned by John Green" bit.
You guys need to fully explain the US tax system and teach us what we should keep track of to save money.
+Kai Widman You realize being a Tax specialist takes multi-year training, right?
As awesome as that would be,our tax code is many thousands of pages long.
They would need a new series.
+Kai Widman That's not economics -- that's personal finance. Totally different fields. Economics (noun): The science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.
well i just did it in 12 mins and 28 seconds
Great summary. The objections to flat tax all begin with the assumption that it is a legitimate role of tax policy to shape behavior. That claim is tenuous at best.
Do a video on offshore tax havens, sure it sounds awful, however there must be another side to it. Would be great to see CC's take on the subject.
Y’all ogs remember taxes were still a thing when the Bible was made
If the gas tax encourages people to drive less, income tax encourages people to work less.
@Adam George No, no no! Land and housing are one of the most successful ways for a person of modest means to rise economically. If property taxes destroy this avenue of wealth creation, you've blocked some from rising above their origins. Also, if property taxes are so high that the first owner can't make it work, what makes you think that an even poorer person will be able to afford it in the future? Property taxes and the price of property are factored together when determining the overall cost of property. Therefore, the price may fall in relation to the elevated property taxes......yet, the entire cost of owning the property goes UP, making it even more unaffordable by the impoverished.
@Adam George Where in the world do you get this idea that land is non-productive? That is blatantly false. The only possible scenario where this might be true is if the land's owner neglected to use his property for ANY purpose. For all practical purposes, this never happens. Otherwise, why would he own the land in the first place?
Paying any involuntary tax is theft. Stealing from some to provide to others is wrong. If you believe that taxes are a great idea then, by all means, pay as much as you're able. Forcibly coercing others to fund your values is nothing more than barbaric thuggery.
As far as "natural rights" are concerned, this is nothing more than anarcho-socialist propaganda. If an individual works hard to buy the land and invests his capital into improving it, this belongs to him alone. If we were to institute a paradigm developed on your ideas, it would NOT follow that home ownership would increase. What would prevent me from occupying and utilizing a home that you built? I would simply cite my "natural rights," correct?
In a completely free totally unregulated market (which the USA does not possess, by the way), one only becomes rich by being of service to others. Others freely pay for goods and services that meet their wants and needs. If the buyers' needs are not satisfied, the transaction doesn't take place. Therefore, earning money through land ownership only works by satisfying the needs of people.
@Adam George First of all, most people in the world FREELY CHOOSE to live in urban areas. Land is at a premium in these areas. Most people don't want to live on their own 6 acre parcel of property separated by miles from their friends and loved ones. Too, most people would want to live in areas that suit their particular tastes, such as near the oceans or mountains or warmer areas or in an area where jobs are plentiful. Many will not want their 6 acre plot in the middle of Wyoming. How would you go about deciding who lives where if there were competition for the same 6 acre parcel in a prime location? The builder/owner of a large apartment building is providing a valuable service in the most desirable urban locations: SHELTER! This is a basic human need. Do you believe that such an enterprising individual would go through all of the effort of purchasing the land, constructing the structure, furnishing it with appliances, and providing it with various amenities if he knew beforehand that he would receive NOTHING for his effort via punitive taxation???? Thus, the more heavily you tax the land, the more the productivity decreases.
Second, I don't want government providing ANYTHING for me, especially if it comes at the point of a bayonet. If a service is valuable enough to necessitate a land owner securing its services, the free market could provide this quite easily. Competition among the providers will lower costs and increase efficiency. Do you REALLY believe that the "trillion dollars of military and police hardware and personnel" are truly necessary? Take a gander sometime at the total law enforcement/military spending for the top 10 countries in the world. Where is the threat? You do realize that many defense contracts have more to do with securing votes (and political funding) domestically, right? Furthermore, do you feel that an apartment complex in Kansas City is kept safe by funding a military base in Germany?
I do not wish to parasitically subsist off anyone, especially my fellow taxpayers. However, this is what government does: it steals from some to provide to others. If you're looking for parasites, for example, go down to your local post office. The USPS looses billions per year and is subsidized by the taxpayer. Yet, private companies motivated by that nasty "profit" (FedEx, UPS, et al) manage to make profits every year. Customer satisfaction is higher, delivery times are speedier, company employees are much friendlier (according to surveys). But, because of political pressure, the Post Office is kept open. This governmental inefficiency and theft hurts all of us. Your statement that "nobody does it better than government" could more aptly be said that "everyone does it better than government."
It is a shame that you compare the hard work of anyone providing a service like shelter to bank robbers. Bank robbers steal. Landlords provide a valuable service. If landlords didn't provide a valuable service, tenants would NOT freely choose to rent the apartments that landlords built.
@Adam George I disagree with nearly everything you wrote. Therefore, it would be nothing more than an exercise in futility to refute each and every one of your points. Hard Left Marxist ideas are based upon envy and resentment. If your family didn't like being tenant farmers then why did they FREELY CHOOSE to engage in such an arrangement? If the kid working at McDonalds is being cheated, he is FREE to quit and move on to greener pastures.
While you might wish to be permanently infantilized by an all-powerful ever-expanding government insisting on more and more taxes, I desire both economic liberty and personal freedom. Unfortunately, those on the Hard Left and Hard Right demand that I too must submit. If YOU think taxes give great value for the theft of labor they represent, then YOU pay them. Don't insist on bullying me to pay for YOUR VALUES!
@Adam George After writing my reply to your latest post, I thought I could have been perhaps too dismissive of your arguments. So, rather than debating each other on the merits of your position, there might be a more practical way to for you to demonstrate the superiority of your position. Why not work extraordinarily hard in YOUR STATE to implement your ideas to the fullest extent possible? Increase land taxes to whatever rate you wish. Use government to edge out those unproductive land owners. Then, we'll wait a few years. If indeed your state is successful, I'll admit that I was incorrect. Does this seem fair?
Thanks for this Wonderful Course Team!
I learned more about taxes in 13 minutes than I did in my high school econ class, but me head really hurts now lol
I live in bc, that 7 cents is probably being used for something else then fixing the Environment
I think a national consumption tax (sales tax) would be more progressive than the current income tax in the US. It could be more effectively graduated meaning some products could have a higher tax rate than others which could mean that rich people pay more taxes just not necessarily a larger percent of their income. One of the consequences might be that people would be encouraged to earn more or spend better since they would have more control over how much of there earned income. the down side might be the need for such a large treasury or accountants might be reduced. It would also potentially increase the revenue produced by even the illegal markets income and from those who don't contribute at all. which means it would be harder to be a free loader (probably why it may never happen).
From the cheerful duo in the first episode to dull intro by Adriene in this one....thats what economics do to humans :P
P.S. I love Economics
The video contains very clear and specifies that it shows us how taxes have been, oresentes since a while ago, from our antecesors who paid taxes for livestock and the labors they did also say that taxes are to pay education, national defense, protecting the environment not only that speaks of different taxes according to the products one consumes.
I don't remember getting taught any of this in school, I'm so upset! Here I am 30 years old and learning about it from a youtube video, what does that tell you about our taxes?
the civil disobedience movement is one of the most remarkable part of the indian history. i love my india
this is so eductional love it!!
Jesus. The only video actually talking on why taxes are and how complicated it is to define them. I ended here trying to understand why the hell gifts are taxed in my country.
"Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State's inhabitants, or subjects.”- Murray N. Rothbard
Don't live in their country then.
Don't use any--and I mean--any tax-funded services, then. Good luck driving somewhere.
+JabbaDuhHut "but muh roads." You do know that income taxes wasn't a thing until around 1913 with the founding of the Federal Reserve and before then, we had a strong military, plenty of roads, a fire department, a police force, and people kept all of the money they earned. Must I go on?
Just abolish the IRS!
Who the hell cares if he can write down a quote? Now your going to call me a dumbshit for not knowing the guy that made the quote is a billion are in France?
WE need more of these videos on taxes ! CrashCourse > public education
Which one you think it is better regressive, progressive or proportional taxes (or have you another taxing system like reprogressive proportional taxing) ?
Taxes are the most frustrating thing ever, not paying it like filling it out and all these random ass forms. Why can’t it be ONE FORM!??!
When Crash Course economics started everyone was so happy and full of life, now one host is dead and Adriene Hill looks exhausted. TH-cam - not even once
+MonkeyPantsFace Wait, a host died? Who?
Please talk about "What if there is no taxation and no government funded services" because I am doing a debate with my friend. I want taxes and he does not want taxes or a government at all.
Just tell your friend that nobody's been able to do communism.
No he is saying that I am the communist.
Then your friend is uneducated idiot. Don't argue with people like that. Lost cause.
Actually your friend is an extreme libertarian. Small government and freedom of the citizens. A much more popular opinion than most think. The real solution is like everything in life, moderation.
Peardude - That's the complete opposite of communism.. lol.. That's anarcho-capitalism. But no income tax is definitely possible, but we would have to get rid of the Fed and go back to the gold standard. The progressive income tax (actual name) was actually ruled unconstitutional in the late 1800's.
I'd be okay with taxes if we got to choose which ones to pay. You don't receive benefits from things you don't pay for but you don't pay for them either.
Financial literacy and taxes should be taught as well as this in schools!
Kewho Min
We would all be much better off fiscally if high school graduation was predicated on passing a financial literacy course.
Agreed!
I'm from Belgium. Lemme pay some taxes.
nope.
The only sure things in life, is death, and taxes.
ahem...Federal Income Tax didn't start until 1913.
So I guess taxes were not as certain for most prior to 1913
+TheMan83554 There are only three things for sure. Taxes, death, and trouble
+Chip Fernandez there were still taxes. just not income tax
+Toby Sterling Did I ever say there were no taxes prior to 1913?
+TheMan83554 that's only because humans aren't free yet.
Paying taxes is like investing in your own country. Voting is like selecting your investment package. You pay no matter what, so you should learn what you are paying for and make an informed decision.
Nicely done. You do a good job of skimming over what is, truly, a very complex issue. Only have two issues. First, you do talk about the social engineering government does through taxation - but don't talk about this being one of those divisive points. The impression one greats from this video is that those taxes are natural and right....but that's an opinion, not a fact. Secondly, you came very close to suggesting that unless you're an economist you shouldn't have an opinion on taxes. While I wouldn't disagree in the slightest that Americans need to be smarter about the issues we face, our country doesn't require you to have a degree in an area of study before you're allowed to vote on it. One person, one vote.
I have been teaching high school economics for 22 years. I love the Crash Course videos and also use ACDC Leadership videos often in class. My only request is that you speak more slowly. I can keep up, but my students have a hard time keeping up. I constantly have to pause to explain what you guys are saying. That being said, keep up the great work. Your videos are great!
P.S. Adriene, I love you on Marketplace. I'd kill to work with Kai Ryssdal
P.P.S. Much respect and love to Mr. Clifford...You're the man. Love the belt buckles. My fave "Shook Me All Night Long"
Me watching this video: I wonder how many times she said “taxes”😂😂
ya
i was literally just a minit ago reading about taxes and all the stuff explained in the video in my economics school book
Taxes have been present for many years ago, they help to protect the environment, to support the state, for education, etc. It is important that we all pay our taxes even if people who pay very few taxes sometimes benefit.
I don't like how I'm taxed multiple times using the same money. My paycheque has taxes deducted. Then everything I buy is taxed more than once. The merchant is taxed and I'm taxed for the same item. And then the bank taxes me in the form of fees to store my money.
+Josh Derak excellent point!
+Josh Derak Bank fees are not taxes. Those fees are one of their revenue streams.
***** Oh, I didn't know that. Thanks for informing me.
Maybe try reading my comment closer. I said the bank taxes me in the form of fees. I'm not stupid.
It doesn't matter what they call it, that's the point. Licenses, registration, duty, tariff, levy, tolls, dues, fines, court fees, forced insurance, hell even a car seat you have to buy for your kids THEY ARE ALL TAXES!!! Of course they call them something different but they're not, it's language manipulation. If you HAVE TO pay for/buy something it's a tax. Also banks are to take what you keep there, invest it in the market and responsibly lend it out at interest to make money. When you keep your money in a bank it's suppose to be an agreement where you both make money, but where's your interest??? If the Federal reserve can set interest rates at zero [for you] and the banks that fail can get bailed out.. then it's just another government agency and all theses "fees" that they've recently created are (drum roll please) TAXES!!!
.
The love for governmental violence in this movie made me throw up. Taxation is theft.
Most economists I've read have said that sales taxes are the least damaging to the economy
She explained amazing !
In the words of the great economist Chris Rock "You don't pay taxes, they take taxes. You get your check, money's gone. That's not a payment, that's a jack!"
+Mr. Divery Chris Rock is my favourite economist
lol what? You pay taxes as the bill for education k-12, for police, for firefighters, for roads, for military protection, for libraries, for many health services, for being part of a community. "Taxes are what we pay for civilized society.'' if you want to live in the wild west and have a lawless "society" but not a community, you can move somewhere else.
Government debt pays for the things you mention. See Modern Money Mechanic, Grace Commission & Debt Clock.
25 % in taxes!?
Sign me up!
Taxes have been around for many years in order to help the state maintain services that give people a better quality of life. taxes vary by country and the wealth that it has
Fun fact: The British were taxing the American colonies largely because the American colonists started a war with French colonists and then asked the British to help. In other words the British were asking them to pay for a war they started (and actually helped start the Seven Years War).
Absolutely agree. And it goes much further than taxation. I believe it's more about the ethics. An abuse of power. Which is perhaps what we're seeing today. We forget that the government is not in control. WE THE PEOPLE have ordained and established the powers which the United States of America obtain so that we wouldn't be subject to attacks on our individual sovereignty They don't teach civics anymore. I wonder why...? Liberty and ignorance cannot coincide.
+Jesse Sawyer cus they want your juicy tax dollars and obedience
Uh oh. Comment section's gonna be a crazy.
+crashcourse I like the idea of an "reverse" carbon tax where businesses and Industry are charged a tax on carbon they use. (maybe also use an modified carbon credit system)
then, that is given to the people proportionately. Maybe income-based or a similar metric. its like how Alaska deals with its oil revenue. .....anything thoughts?
The Alaskan system is very flawed in that revenue fluctuates with the price of oil. And... why give people free money if they don't need it, will that really benefit them in the long term?
6:10 Is this for real? I always thought the tax bracket was applied to your entire income. Wow, sooo many people I know, including myself, do not know this.
Because people have been complaining about and paying taxes for a long time, we should continue that? Is there any chance that maybe the reason they are so painful and complex is because the people who wrote the rules don't want you to know that they are literally stealing from you.
That quote "Render therefore unto Caesar the things which are Caesar's;" is not only out of context, it is only part of the quote. the full text: And he saith unto them, Whose is this image and superscription? 21 They say unto him, Caesar's. Then saith he unto them, Render therefore unto
Caesar the things which are Caesar's; and unto God the things that are
God's.22 When they had heard these words, they marvelled, and left him, and went their way. Mathew 22:20-22
Jesus said it to get out of the paradox that the rabbis put him in. If he said pay the taxes then people will think he's not a good guy. If he said don't pay the taxes, then he'll encourage crime. ⛪️⛪️⛪️🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙌🏻🙌🏻🙌🏻
wow I was expecting insults from atheists. Im surprised there are others that know anything about the bible on here.
A government does not have the right to "discourage behavior" especially when it comes to what we choose to eat. We are not children. They are not our parents.
Also, a person shouldn't have to pay more for an ID just because they make more - that's fucked up. We should all only be charged what it takes to cover the cost of running the system.
UrTwiN
I don't mind sin taxes.
Now a full-on BAN is what I would find to be outrageous.
Thanks very much !! Congratulation
The video seemed appropriate because the tax law is responsible for evaluating the expenses generated by the people regulating legal norms that allows the state to exercise its tax power, due to the examples of both food and personal items are things that we must define clearly for our expenses not absorbing more than they are going to maintain an adequate control. In my opinion I consider that the fiscal right is a strategic tool to analyze control the financing of any individual.
You can not own land if there is property tax. Property tax means the government owns your land and at best you rent.
I took multiple classes in high school with names such as career and life planning or personal consumer finance and none of these classes taught me anything about how to pay taxes I didn't even learn this much about taxes in school.
RE: the fairness of a flat tax rate.
I'll consider a flat tax rate as fair only when I get charged at a flat price rate for the things I buy.
Person X earns $100K a year? Then X is going to pay $20K to buy a car.
Person Y earns $50K a year? Then Y is going to pay $10K to buy the same car.
Ale Fab that’s not how it works. This would only lead to the company making less money and therefore decreasing the quality of the product
Adriene's a newscaster right? It's no wonder her voice and the way she talks is very pleasant to listen to.
Anyone notice the picture of Mr. Clifford in the background now? "We will always remember you..."
+Silent He left a few episodes ago...
You've got the idea of equality all wrong.
I live in Venezuela, I have Indirect Taxation payment and I don't care what any of you think, I don't have to care about taxes because I already pay for them (this decision came in the 90's).
Also, Indirect Taxation isn't regressive, it just means that all the food cost the same to everybody and you don't have to worry about direct tax payment.
5:07 This is the type of services you get for your taxes.