The Progressive Income Tax: A Tale of Three Brothers

Tax season is upon us and “The Progressive Income Tax” is one of those economic terms that gets bandied about. However, few of us 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.

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