Do Tax Cuts Work? | 5-Minute Videos | PragerU
Are tax cuts good for workers, families, businesses, and the overall economy? Should the wealthiest Americans benefit too? In this PragerU 5-Minute Video, Patrice Onwuka breaks down a real-life example to answer these key questions. She explores how tax policy impacts job growth, wages, investment, and economic freedom—and whether there’s a “right” level of taxation that benefits everyone. Discover the truth about who really gains from tax cuts and why it matters for America’s future.
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They didn't actually talk about the ACTUALLY bad corporations
I would like to see Prager U do an explanation of the national debt.
The answer is that the uninformed or ideologically challenged leftists and almost all Democrats truly believe that any wealthy person does not deserve the fruits of their hard work, and that it was stolen or cheated out of the rest of society in a zero sum game. Our mainstream media, cultural icons, schools, and higher ed. institutions have been teaching this to their students for over 65 years.
The Democrats still don't care, they need more, but in secret, you can bet politicians earn way more than they should as well as turning Billionaires into Millionaires, but they refuse to lose all that and that's why they increase price and fire workers to keep their billionaire status
Smart people that have money do a better job making money for everyone
The objections come from radical Progressives complaining only because Trump created the tax cuts. If a democrat did so, they would be dancing on their rooftops.
lol, trickle down economics! Still waiting!
as a typical Democrat voter, i strongly disagree with this video! the solution to all problems is: tax more, spend more! 😂
It dosent matter for the middle class the government rides us like a jaded ex.
Well…..I have to disagree here. The Tax Cut for Corporations the first year was Great. My company gave Bonuses and raises and hired more employees. Sadly after that they cut. They reduced staff and the percentage of yearly increases. Even though Business was up and performing well. Most people are Greedy and want more for themselves rather than helping others.
My suggestion would be Incentive Tax Cuts. In order to get a Billion dollar tax cut, the company needs to spend at least half of that amount on Employees. More staff and better wages. Don’t count on people doing the right thing. Use incentives to force them to do the right thing.
Many corporations did this same thing.
Yes the taxes went down. We just added it to the deficit.
JUST STOP IT. REAGAN ECONOMICS IS BULL SHIT. IF ITS DO GOOD, WHY ARE OUR BEFEFITS DISAPPEARING. WHY IS SOCIAL SECURITY NOT. WHY IS THE USA THE ONLY COUNTRY IN THE WORLD WITHOUT MATERNITY BENEFITS. WHY HAS THE US CREDIT RATING DROPPED. DID YOU SEE THAT LAST ONE. WTF?
What is the proof this is causation and not just correlation?
Well done!
Trump broke the record for most spending n adding to our national debt for any President's first 4, n 1st 2, years, n these 2017 tax cuts were set to expire on the middle class, n the very wealthy actually often pay 0 or get a negative tax. Youre part of the 2 party ignorance
who exactly is paying for this channel?
I never got a job from a poor person.
Answer: Misguided and brainwashed into jealousy.
When walmart moved into my small town the mom and pop stores went out of business and then they rose prices again. I want this walmart to leave because our communuty was prospering before it came here taking advantage of us. I don't care if these big companies leave i value my community businesses more. Which is why my small town rose taxes on these big businesses so theyll leave us alone
The idea that I would spend more money if you let me keep more money shouldn't be rocket science
Last time gave a trillion in tax cuts to the mega rich, only 27% was reinvested into society, so no very effective.
couldn’t higher taxes give better social services like healthcare?
Thanks Prager. And thanks to you Patrice Onwuka. You're a good teacher. Teaching things I did not know. Saying things I did know better better than I could say them myself. Thank you. God bless.
The stat about income increase is definitely not reflected in the wages of any person I know. The child care deal didn't benefit anyone I know. What did we do wrong to miss out on this winfall?
This video sounds a lot like boot licking.
my taxes didn't change at all, but my cost of living increased by a lot.
Taxation is a form of ideological control. For example, taxing basic energy use and pushing up the prices generally, controls the behaviour of the population.
The Trump Tax cuts increased the National Debt. This video's own example disproves its argument.
The Tax Cut didn't work, it was just covered over by putting the cost on a credit card for your kids to pay the bill.
When the "more money" is smaller than the cost of the tax cut that means more debt.
People with most of the money should pay most of the taxes since they have most of the money-that is math plus logic.
Tax cuts do work in that reducing this obligation will spur spending and investment. However, a tax cut without a corresponding reduction in government spending is merely kicking the can down the road as a future tax increase will be needed to pay for this spending. This debt could be paid for by printing money but inflation is also a tax. Politicians and voters want to celebrate the positives and believe that there really is a free lunch without thinking through the painful realities.
A rising tide lifts all boats.
Taxes remain far too high. Government spending is far too much. There is far too much business regulation.
0:30 But NO HEALTHCARE or JOBS for the UNEMPLOYED???
YES. Always yes. Taxes make citizens poor and the State big, powerful and corrupt and totalitarian. ¡¡¡¡¡¡¡VIVA LA LIBERTAD, CARAJOOO!!!!!!! Thank you.
At this point, tax cuts should be illegal.
Crumbling infrastructure, failing healthcare services, massive deficits, all because of trickle-down economics.