5-Minute Videos

Lower Taxes, Higher Revenue

Economics · Taxes · Big Government · Captions

About This Video

Should taxes be higher? It's the million-dollar question. Up? Down? No change? There's a certain point at which higher tax rates actually reduce the amount of revenue the government collects and George Mason University Professor of Economics Tim Groseclose explains his research on the topic. What's that point? When are tax rates too high? Learn a valuable lesson in economics and public policy.

Take our Economics Quiz!

Standards Met in Ohio

  • EFL.9-12.23.lp.gGrades 9th, 10th, 11th, 12thIdentify that the higher the price the more valuable.