How Do Tax Brackets Actually Work?

Video Description

SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H It takes the average American 13 HOURS to file their taxes... yet few of us know how they're calculated! Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: [email protected] -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Derek Borsheim Images by: Shutterstock Music by: APM SOURCES: https://www.irs.gov/.../irs-provides-tax-inflation... https://www.investopedia.com/.../what-are-differences... https://www.nerdwallet.com/.../federal-income-tax-brackets/ https://www.fool.com/.../the-average-american-spends-this... https://www.thebalance.com/how-us-taxes-compare-with... https://www.pewresearch.org/.../among-developed-nations.../ https://www.marketwatch.com/.../81-million-americans-wont...