UCLA Professor of Economics Lee Ohanian has some interesting insights into the two-part question of who are the rich and what is fair when it comes to taxes. He sums the presentation up by saying “It may feel good to take more money from the top 10% but it doesn’t do good”. Be sure to watch How The Progressive Tax System Works if you enjoyed this video and want to see a great explanation for how the Progressive Income Tax system works in the United States.
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