How tax brackets actually work
- Published on: Friday, January 18, 2019
- There is a common misunderstanding about how tax brackets work in the US, and it’s causing us to have uninformed debates about taxes.
Become a member of the Vox Video Lab! http://bit.ly/video-lab
Watch our video on Alexandria Ocasio-Cortez's 70% tax plan here: https://www.clipvl.net/video/bWRO-M47eCY/video.html
Check out the podcast on this topic from Today Explained: https://bit.ly/2VEoEIC
The TEx crew took a deep dive into Representative Alexandria Ocasio-Cortez's proposal for a marginal tax rate of 70% for top earners in America. A lot of people are upset, and even more have no idea how it works.
Subscribe to our channel! http://goo.gl/0bsAjO
When Rep. Alexandria Ocasio-Cortez proposed a 70 percent top income tax rate, many conservatives started saying Democrats wants to take away 70 percent of Americans’ hard-earned money. This is not only wrong, but it takes advantage of something Americans have long misunderstood: tax brackets. It’s time to fix that with a simple, paper-made video.
Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.
Watch our full video catalog: http://goo.gl/IZONyE
Follow Vox on Facebook: http://goo.gl/U2g06o
Or Twitter: http://goo.gl/XFrZ5H
- Source: https://youtu.be/VJhsjUPDulw