POLITICO Explains: Tax Reform

How does the U.S. tax system really work?

"Join POLITICO as we walk you through some of today’s biggest policy debates with the help of key facts, figures and a paint brush. Our animated video series pairs our expert reporters with Pulitzer Prize-winning cartoonist, Matt Wuerker, for a whole new way of looking at the news. First up, tax reform."

How does the U.S. tax system really work? Who pays what—and how does it all add up? And how do American taxes compare with international competitors? Watch to find out.