Pink Money
Pink Money
Jerry Williams
EPS 44 - Progressive, Flat, or Just Plain Taxing? Understanding How We Really Pay
11 minutes Posted Sep 29, 2025 at 4:00 pm.
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It’s the Season 5 finale of Pink Money! In this episode, Jerry breaks down one of the most misunderstood topics in personal finance: how taxes actually work. From U.S. progressive brackets to global flat tax systems, Jerry explains why your last dollar doesn’t put your whole paycheck in a new bracket, why deductions matter, and why “simple” tax systems aren’t always fair. Along the way, he highlights how states like Texas balance no income tax with high property and sales taxes, why federal c...