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1. The phrase tax rate is at least three ways ambiguous. Theres the rate on paper (before deductions), the effective rate (amount paid as a

1. The phrase tax rate is at least three ways ambiguous. Theres 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?v=fj10f7v1xaU) and reconstruct at least one of the arguments presented. Then watch this one (http://www.youtube.com/watch?v=yXzapM9useA) 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 its of a premise or the form. If he gives a different argument, reconstruct it.

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