Once upon a time, there were three brothers,
triplets, named Tom, Dick, and Harry Class. They were raised in the same home, with the
same parents, had the same IQ, same skills and same opportunities. Each was married and had two children. They were all carpenters making $25 per hour. While they were very similar in all these
respects, they had different priorities. For example, Tom, chose to work 20 hours per
week, while his brother, Dick worked 40 hours and Harry 60. It should also be noted that Harry’s wife worked full time as an office manager for a salary of $50,000. Dick’s wife sold real estate part time 10 hours a week and made $25,000 per year. Tom’s wife did not work. Tom and Dick spent all of their family income.
Since they paid into Social Security they figured, they didn’t need to save for retirement.
Harry and his wife, on the other hand, had, over many years, put away money each month
and invested it in stocks and bonds. Here’s how it worked out: Tom made $25,000
a year, Dick and his wife made $75,000 and Harry and his wife, $150,000. When a new housing development opened up in
their community, the brothers decided to buy equally-priced homes on the same private street. One day the brothers decided to pool their
funds for the purpose of improving their street. Concerned about crime and safety, and wanting
a more attractive setting for their homes, the three families decided to install a security
gate at the street’s entrance; repave the street’s surface; and enhance the lighting and landscaping. The work was done for a total cost of $30,000. Harry assumed they would divide the bill three
ways, each brother paying $10,000. But Tom and Dick objected. “Why should we pay the
same as you?” they said. “You make much more money than we do.” Harry was puzzled. “What
does that have to do with anything?” he asked. “My family makes more money because my wife
and I work long hours, and because we have saved some of the money we’ve earned to make additional money from investments. Why should we be penalized for that?” “Harry, you can work and save all you like”
Tom countered. “But my wife and I want to enjoy ourselves now, not 25 years from now.” “Fine, Tom. Do what you want. It’s a free
country. But why should I have to pay for that? “I can’t believe your being so… unbrotherly,”
Tom argued. “You have a lot of money and I don’t. I thought you’d be more generous.” At this point, Dick, the peacemaker in the
family, entered the conversation. “I’ve got an idea,” Dick said. “Our combined income
is $250,000, and $30,000 is 12 percent of that amount. Why don’t we each pay that percentage of our income? Under that formula, Tom would pay $3,000, I would pay $9,000, and Harry
would pay $18,000.” “I have a much better idea,” said Tom. “And
one that’s fairer than what you’re proposing.” Dick and Harry turned to Tom. “Harry should pay $23,450; Dick, you should
pay $6,550; and I will pay nothing.” To Dick this sounded completely arbitrary,
and not really fair. But it did have one big plus. His share would be $2,450 less under
Tom’s formula than under his own. So, he decided to be silent. Harry, however, was stunned. “You want me to pay almost 80% of the bill despite the fact that each of us is receiving the exact same benefits? Where did you get such a crazy idea?” “From no less an authority than the U.S. government,”
Tom responded, as he pulled out a gray booklet. “It’s all right here in the IRS tax tables.
This is the progressive income tax system all U.S. taxpayers live under, and I don’t
see we should be any different. In fact, I believe all future improvements should be
paid in this way.” “Works for me,” said Dick. So, by a vote of
two to one, the cost of the street improvements was divided as Tom had proposed, even though
they benefited equally, and even though the reason Harry had more money was that he and
his wife had worked many more hours than his brothers and their wives, and saved some of
what they had earned instead of spending it all. Tom and Dick lived happily ever after with
their new arrangement. Harry grumbled a lot, but whenever he complained his brothers called
him greedy and selfish. The end.

Author Since: Mar 11, 2019

  1. Dude that is not what's happening the problem is with their sons and daughters they had equal aprotunity but their offspring won't when u want to guarantee a basic human rights for all u cant take equal taxes though I think that taxes should consider if the money is earned or inherited

  2. Lol this is so disingenuous and moronic

    All three people in the example make the exact same wage? And none of them inherited any of their parents' wealth. What a great example of progressive taxation in action

    The fact that the whole video sounds like a children's book helps too

  3. Well all things being equal and they never are you have to compare apples with apples, oranges with oranges, placing a higher tax rate on earn income, a lower rate on capital gains and dividends which is the pea and shell game Income is income but fairness has never been the point.

    Now add depreciation's giveaways with the song and dance that it promotes investments now you have three card molly game going on but as an investor, I benefit from this bull%&$# I just don't lie to myself calling it fairness when its all bull$#@#

  4. The math is incorrect.
    Their income should be:
    25k for Tom
    75k for Dick and his wife
    125k for Harry and his wife
    Total = 225k

    According to the ludicrous IRS tax tables they would pay:
    21,000 by Harry
    8,100 by Dick
    900 by Bum, I mean Tom.
    Total = 30k

  5. Well then, I tried for years to make my dad change his view about progressive income tax, all to no avail. Until I made him watch this clip. Just a few minutes. And he began doubting his blind belief in this socialist garbage. I feel empty now. But hey! That's what means to produce quality contents! XD Thanks Prager U!

  6. This is why my family don't live next to the other siblings. Because everytime we have more, they started to ask for something that we earned. And this story really get into me because my family experience this kind of bs.

  7. After payment, the construction company decided to give them a 10% tax cut, er I mean 10% discount. Harry got 2350 back, Dick got 650 back and Tom got nothing back. Tom screams that the 10% discount only benefited the rich.

  8. It’s actually not The End.

    Harry, who could afford to move off the street, did just that. Tom & Dick, left to pay for all future upkeep and improvements to their street, lived with cracked asphalt and dead flowers behind rusty gates.

  9. More realistic version!
    Tom was black and grew in a ghetto , his dad died early cause he couldn't afford healthcare , his mother was sick but still worked 8h a day but still she couldn't afford education for Tom. That's why Tom had to work for a minimum wage job 8h a day for a total of about than 10k a year. His wife at a part time job because she had 5 to take care of and got 4k a year. 10+4= 14k$ a year. Dick grew up in a middle class family , got educated , went to college and got a job 7h/day offering 25k and his wife worked at a part time job for 15k and had to take care of 3 children. Harry grew up in a wealthy family owning a big tech company and went to a the best private school of the country and then went to Yale. He inherited the company at his 20s getting paid 3M a year and working 4 hours a day. His wife didn't work and he he had just one son.

    Life is so fair in Capitalism.

  10. This story is lacking Jeff, that makes $150,000,000 a year, but also pays ~$23k in taxes because of expensive accounting and lobbying that easily pay for themselves in tax savings. Any effort to collect more from Jeff actually results in collecting more from Harry.

  11. Income tax is the most evil tax since 1913.

    Sales tax and property tax are far far less evil.

    Milton Friedman, who generally didn't like taxes at all, called the land-value tax "the least bad tax."

  12. That's some sleight of hand card trick. Imagine three brothers who are not equal. The first earns 10.000 the second 50.000 and the third 100.000 per year. If the income tax would be a flat 5.000 to everyone, the first brother would give away 50% of his earnings; the second 10% and the third 5% — when ever the two first borthers complained about that, the richest brother said, you're just lazy bums who haven't utilized all your oportunities. Perspective and framework are everything tbh 😉 Also taxes and sharing community costs are two separate things what shouldn't be dealt with same way, cause there are times when you have to pay progressively and then there are times there you should pay equal shares. In the case of the video 10.000 each would have been fair while if we're talking about children and parents agreeing on paying for something, it is obvious, the parents have the greater share — still if people would insist on the richer having to give more because they earn more, they should also get more for it — like hte right of parenting or patronising, making all who earn less childlike in their rights… And I still liked the video, gave some interesting thoughts… keep it up (Y)

  13. Why should I pay more, just because I'm the one that that will gain most from security???
    I want my poor brothers to subsidize my needs. Buh huh!!!

  14. "they were raised in the same home, with the same parents, had the same IQ, same skills, same opportunities"
    well, it ends here, right at the start. Society is full of unequal situtations.
    By the way, poor Harry is a fool 😀

  15. The only problem I have with this story is that it left out when the two brothers decide that the street needs better lighting and the other brother says "good luck with that I'm moving to another neighbourhood" and the two bothers are left complaining there is no better lighting for the street.

  16. You might want to simplify this video, I see a lot of marxist and socialist with their hands in the air…….lmao

  17. No one has mentioned that this scenario is very rare. Most people get more money because their job pays them more not because they actually work more. Do you seriously think that CEOs work 400 times more than the average worker? This whole video is very wrong in so many ways

  18. There are a problem. Normaly the person that received more received more by tour work. A workhour of a carpeter is about US$ 15/hr and a workhour of a cirurgian is US$ 150/hr.

  19. While I agree with the sentiment of the video in this example, the real world example would be more like if the rich guy made 10 million dollars a year. Nobody needs that much money. If you are making that much money, I don’t have any problem with a steeper tax rate. Even if it is 80%, you are still making more money than any person ever needs to live an extremely luxurious life. And because that person is paying 80%, the person who works 60 hours a week at a restaurant just to survive might actually be able to enjoy their life a little bit now. I know… it is such a pity that that the other guy can only have 5 cars and 2 mansions instead of 20 cars and 5 mansions. Of course all of this tax talk is theoretically what I would support if I was confident that I lived in country where my government would appropriate the funds properly. Currently, I would vote against paying taxes of any kind to the federal government because I don’t trust them to allocate them properly. In summary, i am all for the ultra wealthy paying more so the hardworking struggling family can live a happy life. However, in order for this to work, we have to change all of our garbage social policies so that the people paying more taxes aren’t upset about it. For example, somehow it is currently advantageous for a poor single woman to keep having kids because they can get more money from the government. This is backwards. If you are struggling to support yourself, you should not receive assistance if you have a kid. I’m willing to let one mistake go and still provide assistance. But if you are on government assistance and you have a second kid, you should be removed from the assistance program altogether.

  20. Except that in reality we ain't brothers and I sure as shit ain't no banker's heir
    Progressive taxation is fair up to the point where it doesn't impact wealth growth
    Which for small entrepreneurs is easy to happen. But not quite in the banker's heir case

  21. thats exactly on point! i already thought in similar ways for the last couple years when i got my monthly-paycheck and and got red and green with anger…but what to do? the answer is nothing, because the heavily left-green leaning government in germany will only increase my taxes in the coming years to get back the 40 000 millions euros they spent for "refugees" each year.
    i vote against them, more sleepy sheep who like paying taxes vote for them, and thats the end of it.

  22. A Tale of Three Brothers Part II: "Brotherly Love Becomes Hate"
    • Raging Harry moves out in the prologue.
    • Tom asks: "Why is there a gate?", "We need to invite illegal immigrants!", and demands all houses be painted Red.
    • Dick starts to grumble as his tax and crime increases; Tom calls him a naz1 rac1st and so confiscates his firearm.

    Stay tuned for A Tale of Three Brothers part III: "Will The Real Dick-tater Please Stand Up"

  23. PragerU you forgot the "LAST PAGE"…eventually, all of the "Harry's" quit working and NO ONE HAS ANYTHING: THE [real] END. BTW…Tom is a nick name; his real name is "Bernie" and his wifes name is Alexandria.

  24. Tom next voted to tear down the wall/gate so his illegal grounds keeper could sneak in his family. This was the last straw Harry moved and government assistance bought his old house. Crime is now 1,000% times higher. Only Harry could have afforded the extra extra security, yet with him gone the two remaining brothers family got repeatedly raped and robbed.

    The end

  25. For christian's perspective, the most ideal result would matter their relationship against one another bc in fact our happiness is what most important and it comes from the relationship not the money. but it's not heaven(not everyone is angle kind) yet so the best decision would be avoiding those kind of situation.

  26. What about if one got a inheritance? Or trust fund? Or friend gives only that bro a discount. This is what i find more than this scenario.

  27. Ya but rich people cheat and scam and use loopholes and some pay no taxes at all. the government spends more money where the rich live and do not even install sidewalks where the poor live. The rich people in California all claim residency elsewhere/ Nevada so as not to pay state taxes. Only the middle class pays taxes here.

  28. The government spends much more money where the rich live, that have better roads, police protection, better everything. Some rich never become citizens so as not to pay taxes. most rich get free government money for their business and many many other things… it goes on and on. "Why should I pay more"? Because you get more. We do not live on the same street.

  29. I call b.s. Because in this cartoon all parties involved have the same skill set and the same ability to earn, it is only by choice that they have different incomes. In real life this is not true at all.

  30. Is there a follow-up video where Harry moves out of the neighbourhood and then Tom and Dick have to pay for all the upkeep themselves?

  31. Lol how unfair, again the government punish descent, hard working citizens, you couldn't have explain it better. I wonder when we r going to start protesting on the street, oh wait… we all to busy working

  32. That's why the idea that I have to pay more cuz I work harder is stupid and unfair lazy people will get what they deserve ( nothing) I work 7 days 12 hours because I have dreams and goals to archive pay for housing welfare to someone that never worked as I did sound ridiculous for me

  33. The premise of this video assumes that everyone receives the same wage/hour. The irony of PragerU using communist ideals as a premise would be hilarious if the majority of the audience hadn't missed it.

  34. Plot twist

    Harry leaves his brothers, Dick is now a beggar and Tom starved to death. Their houses is known as Venezuela.

  35. People aren’t born at an equal footing though. In this scenario they all had equal opportunities to succeed but in real life, someone born in a ghetto with no money would probably have to drop out to support their families. Meanwhile some rich kid from the suburbs goes to college with no loans taken out at all. 20 years later the kid from the ghetto got his ged and makes maybe 10k a year flipping burgers with all the money going to paying rent. Meanwhile the rich kid got a college education because he could afford it and is working an office job making 70k a year. In what world should they pay the same amount for taxes?

  36. Canada and its over the top social programs 101. Work and struggle or go on welfare breed like a rabbit and get paid!

  37. Then the older brother crashed the economy by giving out highly risky loans. The crash was so severe that it decreased the value of the younger brothers' properties. In response, the older brother demanded that the younger brothers bail him out.
    The younger brothers were furious: "Why should I pay for YOUR mistakes?"
    The older brother responded: "Handouts are only fair if they exist to enrich me."

  38. the only bias here is top 10% of US unrelated the wealthy brother. no top 10% people have same income per hour with poor people. and include ur wife income to ur income is irresponsible. it is like how big country steal natural resource of poor country for their own benefit.

  39. That's not the end! A better ending would have been Harry and his wife retiring in Hawaii while Tom and Dick had to stay in the city which was dwindling because of crime

  40. It is a shame that this little demo is way, way over the heads of libtards! “You can lead a horse to water, but you can't teach a libtard MATH”!

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