What is the difference between Flat Tax and Progressive Tax? Flat Tax Vs Progressive Tax

Описание к видео What is the difference between Flat Tax and Progressive Tax? Flat Tax Vs Progressive Tax

In this video we look at two different tax systems: Flat Tax and Progressive Tax. We first briefly look at how each of these tax systems work by using an example of Taylor, a graphic designer. Then we look at the advantages and disadvantages of the Progressive Tax system and then the advantages and disadvantages of a Flat Tax system. In the end, we briefly discuss what makes one tax system more fair than the other. Ultimately it's up for you to decide what you think is more fair.

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