Tom Ellsworth
@bizdocpodcast·63.4K subscribers·1.6K videos
How Tax Brackets Actually Work | The IRS vs. The People
Posted
April 26, 2023
Views
366
Likes
28
Comments
5
Engagement
9.02%
April 26, 2023
366
28
5
9.02%
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13:35Now Playing"Words Talk & Numbers Scream". In this clip the Biz Doc explains how there is a common misunderstanding regarding tax brackets and how they actually work in the US. This misunderstanding is causing us to have uninformed debates about taxes.
Some 56% of Americans say that the amount that they pay is "more than their fair share", up from 51% who thought so in 2019. Nearly 66% of Americans (that's two out of 3) feel the wealthy don't pay their taxes.
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