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Paying Income Taxes
Manage episode 357905046 series 1488856
The idea that the more you have, the more you’re expected to contribute in taxes, is a foundation of our income tax system. And there is one government agency that oversees it all: the Internal Revenue Service.
However, the tax code itself, and the IRS, are subject to the will of politicians - who might have special interests of their own. We talk about how politics, wealth, and power influence how people file for their taxes in the first place, how some of the wealthiest Americans have the lowest income tax rate, and who is held accountable for paying their "fair share."
Curious about the history of the income tax? Check out our companion episode, Why Do We Have An Income Tax?
Also, check out The Secret IRS Files, ProPublica’s investigation into the tax records of the .001%.
430 episodes
Manage episode 357905046 series 1488856
The idea that the more you have, the more you’re expected to contribute in taxes, is a foundation of our income tax system. And there is one government agency that oversees it all: the Internal Revenue Service.
However, the tax code itself, and the IRS, are subject to the will of politicians - who might have special interests of their own. We talk about how politics, wealth, and power influence how people file for their taxes in the first place, how some of the wealthiest Americans have the lowest income tax rate, and who is held accountable for paying their "fair share."
Curious about the history of the income tax? Check out our companion episode, Why Do We Have An Income Tax?
Also, check out The Secret IRS Files, ProPublica’s investigation into the tax records of the .001%.
430 episodes
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