Chapter 4

     I am a seventeen year old who has a job and I still don't understand taxes. Taxes are very important in how our country runs but seem stupid because it feels like they are just taking our money. I thought the part about if the family should buy the new TV or invest made a lot of sense to me. Wheelan says that this famliy has 1,000 dollars and can choose to spend it on a new TV or they could invest it in the bank and keep it for a later day. When I started off I thought oh for sure buy the TV thats the "cool" thing to do. Then Wheelan says "These investments are the macro equivalents of a college education; they make us more productive in the long run and therefor richer" (95). You cant just think about what will make you happy right now you have to think about what is best for you later in life. "it makes us happy today but does nothing to make us richer tomorrow" (95). If the family was to buy the TV they would be very happy for about a week but then what happens when the new TV brakes and doesn't work anymore? They will have nothing left because it wont work. The money that you invested can't "break" like the TV. Therefor you will be happier in the long run.