Taxman

Media Type: Music Topic: Government & the Economy

The Beatles

Click here to listen to this song.

What is the implied rate of taxation in this Beatles song? Does this seem high to you? For comparison, what was the top marginal tax rate in the U.S. federal income tax code in 1960? In 1980? What incentives do you think are created when tax rates are this high? Why might lower tax rates be better from the standpoint of generating more government revenue?

Available on iTunes
Your Thoughts
Was this helpful to you?
5
(1 votes)
Tags
Related Content

What People are saying...

Ask Dirk Now!

Students, got an econ question?

Who's Dirk?
More on the man, himself. Meet Dirk
Econ Media Library
Check out multimedia tools, videos and more in our Media Library