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.
Standards Met in Ohio
- EFL.9-12.23.lp.gGrades 9th, 10th, 11th, 12thIdentify that the higher the price the more valuable.