The Secret Tax Hiding in Plain Sight!

SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H You're paying a secret tax every year... not just to the government, but also to your insurance company, your phone provider, even your employer! sources: https://www.theatlantic.com/politics/archive/2021/07/how-government-learned-waste-your-time-tax/619568/ https://www.nber.org/papers/w28877 https://themonkeycage.org/2011/02/the_invisible_american_welfare/ https://www.princeton.edu/news/2013/08/29/poor-concentration-poverty-reduces-brainpower-needed-navigating-other-areas-life https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax https://www.npr.org/sections/coronavirus-live-updates/2020/08/06/899893368/gov-says-floridas-unemployment-system-was-designed-to-create-pointless-roadblock https://www.bloomberg.com/news/features/2021-06-25/u-s-unemployment-at-least-9-million-americans-didn-t-receive-any-benefits?cmpid=BBD062521_NEF&utm_medium=email&utm_source=url_link&utm_term=210625&utm_campaign=nef&sref=BGQFqz7X https://www.nationalaffairs.com/publications/detail/kludgeocracy-in-america https://www.americanprogress.org/article/how-to-address-the-administrative-burdens-of-accessing-the-safety-net/ https://www.youtube.com/watch?v=-8soYdrlukM https://balancingeverything.com/welfare-fraud-statistics/ https://time.com/4711668/history-food-stamp-fraud/ https://www.salon.com/2021/04/04/welfare-fraud-is-actually-rare-no-matter-what-the-myths-and-stereotypes-say/ https://www.attendanceondemand.com/blog/four-ways-administrative-burdens-impact-businesses/ Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Dano Johnson Fact checker: Yvonne McGreevy Executive in Charge for PBS: Maribel Lopez Director of Programming: Gabrielle Ewing Assistant Director of Programming for PBS: John Campbell Images by: Shutterstock Music by: APM Two Cents is produced by Spotzen for PBS