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Demystifying American Taxes

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It's tax season here in America, so it's time to procrastinate and complain about how complicated they are. But if you have a basic understanding of math, you are completely capable of understanding how they work.Support my content on Patreon ► http://patreon.com/knowingbetter Follow me on Twitter ► @KnowingBetterYT - https://twitter.com/KnowingBetterYT Join my Facebook page ► /KnowingBetterYT - https://www.facebook.com/KnowingBette... Join us on the Reddit ► r/knowingbetter - https://www.reddit.com/r/KnowingBetter/ ---Thanks to Suibhne, Cogito, and SophsNotes for educating me on foreign taxes. https://www.youtube.com/c/suibhne https://www.youtube.com/cogitoedu https://www.youtube.com/c/sophsnotes -"Claim 9" My little tax revolt - Pete Myers - https://youtu.be/YAkbjlKGYmg https://www.census.gov/content/dam/Ce... [Median Household Income] https://taxfoundation.org/state-indiv... [State Income Tax] https://www.irs.gov/pub/irs-pdf/p15a.pdf [Withholdings Tables] https://taxfoundation.org/2017-tax-br... [2017 Income Tax Tables] https://taxfoundation.org/2018-tax-br... [2018 Income Tax Tables] https://taxfoundation.org/state-and-l... [Sales Tax Rates] https://www.census.gov/data/tables/ti... [Average Individual Income and Median Household Income] https://nypost.com/2017/04/18/almost-... [45% of Americans Don't Pay Income Tax]---Photo Credits - http://akns-images.eonline.com/eol_im... |900:auto&output-quality=100Music Credits - "Furious Freak" and "Daily Beetle (Edited)" by Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/b... Intro and Channel Art by PoetheWonderCat https://poethewondercat.tumblr.com/ https://www.patreon.com/poethewondercat ---Hashtags: #politics #economics #ecomony #money #tax #taxes #taxbill #plan #government #taxcuts #taxreform #income #incometax #irs #refund

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government politics economics tax taxes IRS refund income deduction exemption credit child tax credit earned income credit standard deduction personal exemption brackets w4 claim progressive flat tax sales tax consumption withholding employer federal state constitution reform bill tax cuts and jobs act trump republican democrat congress united states america paycheck fica medicare social security marginal tax rate effective tax rate head of household allowance
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