Latest posts by Lindsey Stroud (see all)
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Meet Tom, Dick, and Harry. They are three brothers, with three different income levels, as well as three different sets of financial priorities. They are going to help explain the American progressive income tax system, and how all Americans are subject to different tax rates, regardless of the time spent working, and services received.
From Prager University, adapted from an article by investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy, learn how Americans pay different amounts for the equal services provided for by the government.
How would you feel if you were Harry in this situation?