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33. First Principles of Taxation

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Saving and investing is incentivised in most western countries through tax benefits. Governments want to collect taxes to provide the services that they provide - but they also provide tax benefits for saving and investing because it is considered beneficial for individuals and society as a whole.

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: savingandinvesting

Length: 03:26
Rating: 4.50
Views: 840

Tags: benefits  business  economics  Fischer  investing  Michael  money  saving  savingandinvesting.com  tax  taxation  

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salashaska223 (November 30, 1999 at 12:00 am)
this is exactly what John McCain was pointing out, but I think Obama was right on his methodology , basically Obama's goal was to give bones to the good dogs and then give little bones to the bad dogs so that they may grow into good dogs... Obama is very smart...
beanfield200 (November 30, 1999 at 12:00 am)
These are great videos. Thanks for posting!
ProprietorOfSelf (November 30, 1999 at 12:00 am)
"Saving and investing is incentivised in most western countries through tax benefits."any incentive that such breaks may have afforded are lost entirely on our monetary policy of deliberate and perpetual inflation.
savingandinvesting (November 30, 1999 at 12:00 am)
H&R Block most well-known, would check out website. Many (including me now ) use local accounting firm/office that comfortable with. TurboTax can be really helpful. Unless the return is extremely complex, all will yield same result, so more about convenience, cost etc. Studying form or preparing one shows what taxed/how gov thinks about tax - v important! Decisions (only partly tax driven-not main) before return key for most in my opinion - look at W Buffett on taxes. Hope it helps - best r.
BossGame (November 30, 1999 at 12:00 am)
Getting my Tax returns done is a lil bit nerve wrecking,what is the best company or brokerage to get it done and how can I make sure I'm getting a good yield from my returns
MarkDouglasC (November 30, 1999 at 12:00 am)
This guy is talking in bumper sticker cliches. He has no clue how lobbyist manipulate the tax code. Just tax all income types alike - quit screwing work. Work, ordinary income, self employed, small business, is taxed up to 300% higher than cap gains and dividends.I might invest 500K in my education or business,and take risk and provide jobs, but I pay up to 300% higher taxes than same 500K in Exxon.God bless exxon. God bless cap gains -- but why the futt should I pay 300% higher tax?

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