Why is our tax system so complicated? Teachers have long relied on educational cartoons with catchy songs to simplify everything from grammar to government. Can a cartoon conquer a challenge like today's tax system, with its...

Explore how taxes impact your life, and why you should care about the IRS. Find out the importance of federal, state, and local taxes and learn what they pay for. Hear how a semi-pro skateboarder, swimming instructors, and young...

Breakdown of this common tax form.

The w-4 is one of the first forms you'll fill out in a new job. Learn about what it is and how it impacts the way you're taxed.

In addition to discretionary fiscal policy, there are policies and institutions that can help reduce swings in the business cycle. This video discusses the role of automatic stabilizers in the business cycle. [5:15]

Sal Khan, founder of Khan Academy, shares basic talking points to help kids understand the way money and taxes influence the world around them. [1:39]

Get a better understanding of how deductions work and which ones are right for you.

This video [6:47] explains how a corporation can set up a tax haven (an offshore country that offers foreign individuals and businesses little or no tax liability) and use it through transfer pricing.

The market for loanable funds brings savers and borrowers together. We can also represent the same idea using a mathematical model. In this video, learn about savings and investment identity. [3:25]

Explanation of the 1040EZ based on the 2013 version of the form. Note that the standard deductions have changed since this video was created. For specific tax advice, consult with a tax professional. [13:48]

Learn about the deductions taken from your paycheck. [5:40]

Sal Khan shares basic talking points to help kids understand the way money and taxes influence the world around them. [1:39]

A complete unit on managing personal finances.

This video explains how fiscal policy can be used to close output gaps. Fiscal policy means using either taxes or government spending to stabilize the economy. Expansionary fiscal policy can close recessionary gaps and contractionary...

In previous lessons, we've learned how expansionary monetary policy and expansionary fiscal policy can be used to mitigate a recession, but they don't have to be used in isolation from each other. Learn what happens when they are used at...

This video explains the estate tax and arguments for and against this tax. [10:46]

The classic Schoolhouse Rock song "Tax Man Max." The lyrics talk about what taxes pay for and how to save on taxes. [3:23]

A video from Schoolhouse Rock that presents a song about taxes, why we have them, and why we should pay them. [3:01]