Course

Taxes

Instructor: Alex Tabarrok, George Mason University

This is " Commodity Taxes " from our Principles of Economics: iacroeconomics course. In this video we cover taxes and tax revenue and subsidies on goods. We discuss

This is "Commodity Taxes" from our Principles of Economics: iacroeconomics course.

In this video we cover taxes and tax revenue and subsidies on goods. We discuss commodity taxes, including who pays the tax and lost gains from trade, also called deadweight loss. We’ll take a look at the tax wedge and apply what we learn to the example of Social Security taxes.

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