How does the tax system work? How much, where, and for what do we pay our money?
Taxes are something everyone encounters, but almost no one fully understands how they work or why they're even necessary.
In this video, we examine taxes from start to finish:
how they emerged, why governments began collecting them in the first place,
how taxes evolved from tribute and levies into a complex economic system,
and how taxes today govern the economies of entire countries.
We'll look at the tax system from the perspective of history, micro- and macroeconomics.
We'll analyze the main types of taxes, their rationale, and consequences.
We'll discuss the tax burden, fairness, and efficiency.
0:00 Introduction
1:15 When taxes emerged
4:30 Functions of taxes
6:50 Economic theory
10:24 Types of taxes
12:48 Taxes in Russia
16:29 Where taxes go
20:32 Taxes around the world
22:41 Psychology
24:44 Finale
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