5-Minute Videos
The Progressive Income Tax: A Tale of Three Brothers
Economics · Taxes · Big Government · Captions
About This Video
"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes.
Standards Met in Ohio
- 9-12.EFL.11Grades 9th, 10th, 11th, 12thIncome is determined by many factors including individual skills and abilities, work ethic and market conditions.
- CWI.9-12.7.lp.iGrades 9th, 10th, 11th, 12thEngage in making life choices.
- CWI.9-12.8.lp.iGrades 9th, 10th, 11th, 12thEngage in making life choices.
- CWI.9-12.9.lp.fGrades 9th, 10th, 11th, 12thEngage in making life choices.
- EFL.9-12.11Grades 9th, 10th, 11th, 12thIncome is determined by many factors, including individual skills and abilities, work ethic, and market conditions.
- EFL.9-12.4.cGrades 9th, 10th, 11th, 12thIdentify an economic system.