The video addresses the topics: What is Income Tax, Does everyone pay the same amount of Income Tax, Do you pay Income Tax if you earn very little, Is it better to earn less on purpose to qualify for a lower tax bracket, Different types of Income Tax, Is the state income tax the same for all states, Does the Income Tax rate change or is fixed, When do we pay income tax, What happens if you pay extra Income Tax, What if you don't pay Income Tax or pay less Income Tax, How does the government know how much you have earned and how much Income Tax you have paid
Easy Peasy Finance
Easy Peasy Finance aims to fill the financial literacy void in today's education system by breaking down complex financial terms and ideas in a way that kids can understand. Its animated, fun, informative and concise personal finance videos cover topics like Banking, Insurance, Credit Cards, Income Tax, Real Estate, Investing, Stocks, Mortgage, Retirement, 401k, and more. The videos have been very well received by the teaching community, with several school and college teachers across the globe using the videos in their online curriculum, and as a resource for their students.