Description

Overview:

We keep hearing that the wealthy pay a disproportionate share of our taxes. Do the rich pay too much tax? We can't answer that question without looking at how income is distributed. It turns out that tax payments are unequal because income is unequal. Even if we taxed everyone at exactly the same rate, the rich would still have huge tax payments - because they're the ones making the most income.

Subject:

Economics

Level:

High School, Community College / Lower Division, College / Upper Division

Material Type:

Lecture

Author:

Patrick Walsh

Provider:

Saint Michael's College

Provider Set:

EconGuy Videos

Date Added:

11/29/2013