(Video description) Should Taxes Be Higher? It’s the million dollar question! Up? Down? No change? Where in the world should taxes go? In election years, the question of tax rates fills the airwaves. In non-election years, the question of tax rates, again, fills the airwaves. So what’s the answer? UCLA Professor of Economics Tim Groseclose explains his research on the topic. Basically, there’s a certain point at which higher tax rates actually reduce the amount of revenue the government collects. What’s that point? When are tax rates too high? Learn a valuable lesson in economics, and public policy.

Video Description:

President Obama has declared that the standard by which all policies and policy outcomes are judged is fairness. This video explores what it means for our economic system and our economic results to be “fair.” Does it mean that everyone has a fair shot? Does it mean that everyone gets the same? Does it mean the government is supposed to play the role of Robin Hood, taking from the rich and giving to the poor? The surprising answer: Nations with free market systems that allow ALL people to get ahead are the fairest of them all.

Learn more in Who’s the Fairest of Them All? The Truth about Taxes, Opportunity, and Wealth in America by Stephen Moore:

http://www.encounterbooks.com/books/whos-the-fairest-of-them-all/