How does the US federal government actually fund itself?

Explore the fundamental mechanics of government revenue. This walkthrough breaks down the primary sources of US federal income and examines the complexities of progressive taxation.

The video provides a detailed overview of the primary revenue streams for the US federal government, including income, corporate, payroll, and excise taxes. Beyond just identifying these sources, the lesson explores the mechanics of progressive tax structures and invites an assessment of the fairness of the current system from various perspectives.

Source: Day 1 | Government Revenue | Fiscal Policy Unit Plan Walkthrough