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, and tax brackets, and we’ll even get into a few historical scenarios where bad tax policy led to revolutions.