In which John Green compares the tax proposals of Hillary Clinton and Donald Trump, and looks at what the tax system and budget would look like for different families. There's also a brief introduction to federal income tax here in the United States, and some discussion of the candidates' budget proposals.
SOURCES:
The Tax Policy Center's excellent and detailed analysis of Democrat Hillary Clinton's tax plan: http://www.taxpolicycenter.org/public...
The Tax Policy Center's analysis of Republican Donald Trump's tax plan: http://www.taxpolicycenter.org/public...
Much of the information in this video came from the Tax Foundation's analysis of Clinton's tax proposals: http://taxfoundation.org/sites/defaul...
And of Trump's: http://taxfoundation.org/article/deta...
Lily Batchelder's paper explaining why Trump's tax plan would result in tax increases for 7.8 million households: http://papers.ssrn.com/sol3/papers.cf...
and a politifact story on the same topic: http://www.politifact.com/truth-o-met...
Donald Trump's tax plan would boost the debt much more than Clinton's, and would put U.S. debt held by the public over 100% of GDP in the next decade according to the Committee for a Responsible Federal Budget: http://crfb.org/papers/promises-and-p...
The CRFB explains Trump's budget cut proposals here: http://crfb.org/blogs/explaining-dona... And his plan for increased defense spending here: http://crfb.org/blogs/how-much-would-...
Chart of our publicly held debt to GDP ratio came from here: https://en.wikipedia.org/wiki/Nationa...
The Tax Policy Center has an excellent chart explaining effective tax rates by income size that you'll enjoy if you're into this kind of stuff: http://www.taxpolicycenter.org/statis...
HUGE THANKS to Mark Olsen for graphics, Rosianna Halse Rojas for graphics and fact-checking, and Amanda McCloughlin and Adriene Hill for fact-checking. Any errors are entirely my own.
