Finance for Everyone Toolkit: Let's Talk Taxes

Welcome to the “Finance for Everyone Toolkit: Let’s Talk Taxes” video lesson intended to shed light on the basics of taxation. In this lesson, viewers will learn what taxes are, why they’re imposed, and the consequences of failing to pay them. In addition, this lesson addresses various types of taxes and explains the three primary tax systems in use today. This video lesson is part of the “Finance for Everyone Toolkit,” which provides non-financial employees with foundational knowledge on finance topics. (Keywords: fees, federal, state, economy, accounting, IRS, income, money, regressive, progressive, proportional)