Professor Dave Explains
How Governments Can Harm Economic Growth
In the previous tutorial we learned about six ways that governments can support economic growth. But there are ways in which governments can harm economic growth as well. What could those be? Let's take a look!
Economics Explained
Do We Actually Need Taxes?: Alternatives
Taxes are an unfortunate reality for most people living and working in the modern world, we pay them every year, we complain about them, and then we forget them until next year. Taxes are one of the most important elements of any economy...
The Business Professor
Itemizing Deductions
Individuals may choose to itemize deductions or employ the standard deduction. This video explains what is the standard deduction and what are the various expenses that qualify as itemized deductions.
Institute for New Economic Thinking
Wealth Inequality in the US and Beyond
It’s no secret that wealth inequality has grown, both in the US and abroad over the past several decades (after moderating somewhat in the post-WWII era). What has been particularly notable about the work of Emmanuel Saez, Professor of...
The Business Professor
Estate Taxes
What are estate taxes or taxes on the estate of a decedent? This video explains the basic rules of taxation applicable to the gross estate of a decedent. It identifies what is the gross estate, threshold tax amounts, and deductions from...
The Business Professor
Determining Tax Exemptions
Tax exemptions include specific sources or income that are not subject to taxation. Nonprofit income and many other forms of income are not taxed. Also, deductions reduce otherwise taxable income, while tax credits reduce the amount of...
Economics Explained
Why Amazon is Begging For Regulations: The Twisted Economics of Amazon
In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there. Amazon will only be the second company this...
Economics Explained
The Netherlands: Worlds Biggest Tax Haven?
The Netherlands, a fine country of flowers, windmills, and loose regulations around the finer things in life. This country is in many ways like a lot of very developed European economies we have explored earlier on the channel, very high...
The Business Professor
Real Estate Taxes
Real estate taxes are generally taxes assessed against the value of one's real estate or taxation of gains from the sale or disposition of real estate. This video explains what is property taxation in both of these instances.
TLDR News
Sunak's Controversial New LGBTQ+ and Tax Plans
With not long left until Conservative Members start selecting their new leader, Rishi Sunak looks concerned. He's been behind in the polls for a while now, which means he's starting to make some bigger and more right wing promises to try...
The Business Professor
Business Income Taxation: Understanding Partnership, Subchapter S, and Subchapter C Status
This video provides an overview of business income taxation, specifically focusing on the different methods of taxation available to businesses. The speaker discusses the option for businesses to be taxed as either a partnership or a...
Blockchain Central
Should You Pay Tax on Crypto Currencies? | Blockchain Central
Today on 'Blockchain Central': catch up on the legal framework for tax ruling and treatment for your digital assets i.e. crypto currencies!
Institute for New Economic Thinking
Who Picked the Pockets of America’s Households?
The 2008 financial meltdown wiped out what was left of the savings of millions of American families, but Professor Edward Wolff says decades of income inequality had set the stage for the collapse of their household wealth.
Curated Video
Language of the Revolution
Did you know that hipsters were a thing back in the 18th century and were known as Macaroni? Our ancestors liked to get creative with language: especially in the world of politics.
Step Back History
What are Taxes?
Every year, we grumble about taxation. We know the American revolution had at least a bit to do with taxes on tea. We even think of taxes as inevitable as death! Where do taxes come from?
Curated Video
Recording Evidence in Text: Underlining and Taking Notes
In this video, the teacher explains a simple and effective method for recording evidence found in text. The process involves underlining key phrases and writing short, concise notes on separate sticky notes. The teacher emphasizes the...
The Business Professor
Understanding Income for Taxation and Tax Liability
In this video, the speaker explains what constitutes income for the purpose of taxation and how it is calculated to determine one's tax liability. He covers various sources of income such as wages, self-employment income, dividends,...
Curated Video
Should we tax the rich more?
Taxation is necessary in order to provide public services like roads, education and health care. But as the world's elderly population grows, and the demand for public services increases, countries will need to reassess how they tax....
The Business Professor
Understanding the Different Types of Corporations
This video explains what a corporation is and its different classifications, including C and S corporations, public and closely held corporations, and professional corporations. It also discusses the taxation and management structures of...
Curated Video
Understanding Fiscal Policy: Effects on Government Budget, National Debt, and the Economy
This video discusses the concept of fiscal policy, which is the use of government revenue and spending to influence the economy. It explains how government tax and spending plans are outlined in a budget and how they can lead to a...
Curated Video
Common Sense: Democracy in Print
We’ve all seen our fair share of American political ads in recent years. But the very first? That could be Common Sense - written by Thomas Paine – an 18th century pamphlet designed to incite rebellion!