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In this follow-up video we look at how much of nation's income the top 1%, 5%, and 10% of income earners actually make, as well as what percentage of taxes they pay. We also look at a proposed 70% top marginal rate how brackets and deductions are revised for 2024.

The progressive income tax has multiple brackets, each with its own rate. This video explain how the amount of tax owed is calculated and also discusses the two of the most prominent breaks provided by the Congress, the standard deduction and the per child tax credit. It also illustrates how a household can pay no income tax, as approximately 40% of households do, as well as looks at the significant burden placed on high income earners such as athletes and entertainers.

We discuss how we experience inflation, how it is measured, it historical rate, how inflation affects our purchasing power over time, and how to measure an investment's "real" rate of return.

This video steps through the creation of a future value table in a spreadsheet and then shows how the Rule of 72 evidences itself in the table.

This video explores the Rule of 72, which is a quick method of assessing how long it will take to double the value of an investment.