- The phrase ‘tax rate’ is at least three ways ambiguous. There’s the rate on paper (before deductions), the effective rate (amount paid as a percentage of profits), and total amount paid as a percentage of GDP. Watch this video (http://www.youtube.com/watch?) and reconstruct at least one of the arguments presented. Then watch this one (http://www.youtube.com/watch?) and say whether Buffet (the guy in the second video) gives a criticism of the argument you found in the first video, or a different argument. If he gives a criticism, say whether it’s of a premise or the form. If he gives a different argument, reconstruct it.
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