Understanding what a tax deduction is. Created by Sal Khan.
Watch the next lesson: the previous lesson? Watch here: and capital markets on Khan Academy: Benjamin Franklin (and several other writers/philosophers) tells us that "In this world nothing can be said to be certain, except death and taxes." He's right. This tutorial focus on personal income tax. Very important to watch if you ever plan on earning money (some of which the government will take for itself).
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