Curated OER
Tax Jeopardy
Create a glossary of tax-related vocabulary and clip New York Times articles that present tax procedure in action, in preparation for participating in a tax quiz bowl. Young economists explore allegations that "Survivor" Richard Hatch...
Visa
Financial Forces: Understanding Taxes and Inflation
Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided in this...
Council for Economic Education
Tax Time Scavenger Hunt
Is a 1040EZ tax form really easy? Scholars investigate the complexities of the United States taxation system with an economics lesson. Using a wide variety of web sources, they interpret IRS taxation rules and regulations to better...
Curated OER
Taxes
Fourth graders read Stone Fax and explore earning money, saving, credit and taxes. In this taxes lesson, 4th graders complete a worksheet to develop understanding of paying off debts, keeping a checkbook, calculating sales tax and...
Internal Revenue Service
Fairness in Taxes: How Taxes Affect Us
High schoolers are able to compare the effects of the following, using income as a measure of ability to pay: a progressive tax, a regressive tas, and a proportional tax. They explain how a mixture of regressive and progressive taxes...
Curated OER
What is Taxed and Why
Young scholars are exposed to the need for federal, state and local governments to tax constituents to provide goods and services for their residents. They identify the different kinds of taxes and give examples of the goods and services...
Curated OER
Module 8-Tax Credit for Child and Dependent Care Expenses
Students explain the tax credit for child and dependent care expenses. They distinguish between a tax deduction and a tax credit. They see how the tax credit for child and dependent care expenses affects the tax liability.
Curated OER
The Wealth Tax of 1935 and the Victory Tax of 1942
Students explain that during the Great Depression and World War II, the Roosevelt administration implemented new, broader, and more progressive taxes in order to cover the costs of the New Deal programs and the war.
Curated OER
Fairness in Taxes
Young scholars identify and describe two criterion of tax fairness: benefits received and the ability to pay and distinguish between wealth and income as measures of ability to pay.
Curated OER
Regressive Taxes
Students explain that regressive taxes can have different effects on different income groups. They see how a regressive tax takes a larger share of income from low-income groups than from high-income groups.
Curated OER
Finding Sales Tax
Seventh graders investigate sales tax. Following a teacher demonstration, they find sales tax and the total cost of items. In groups, classmates choose items from a menu that they would like to purchase. Each student figures the sales...
Curated OER
Module 12-Self-Employment Income and the Self-Employment Tax
Students explain self-employment income and the self-employment tax. They distinguish between an employee and an independent contractor and explain how to compute and report self-employment profit.
Curated OER
Your Role as a Taxpayer: Why Pay Taxes?
Learners evaluate the basic rationale, nature, and consequences fo taxes. They describe why governments need taxes as revenue to provide goods and servicesin this series of activities.
Cengage Learning
Economics and Personal Finance
You don't have to be an economist to understand this packet packed with information and exercises about economics and personal finance. Designed for high schoolers, the activities explain why setting short and long terms goals is...
PwC Financial Literacy
Planning and Money Management: Spending and Saving
Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their...
Curated OER
The Politics Of Taxation
Students explain that taxation involves a compromise of conflicting goals and that lobbyists can influence lawmakers' decisions about taxes. They can explain why people of similar incomes often pay different tax rates and work in teams...
Curated OER
Subsidies and Taxes
Students utilize supply and demand models to demonstrate how markets can be affected by intervention from governments or other agencies in an attempt to correct a perceived market failure. After viewing a PowerPoint presentation,...
Curated OER
Studies And Taxes
High schoolers use knowledge of supply and demand models and demonstrate how markets can be affected by intervention from governments or other agencies in an attempt to correct a perceived market failure
Curated OER
Public Choice Theory and The Economics of Taxation
Let your students know how our economy works, what taxation is, and how Public Choice Theory affects the economics of taxation. This is a comprehensive and well defined presentation that includes links to additional information provided...
Curated OER
Circular Flows
To study circular flow, learners use the plans to trace through a series of interconnected economic and financial flows to explain the workings of the American economy. They use the model developed to comprehend the effects of Federal...
Curated OER
Word Problems Dealing with Ratio and Proportion
Mindful middle-schoolers read and solve a number of word problems. Learners copy and discuss what they believe their strategies are in solving each problem. They also write their findings and share with the rest of the class.
Curated OER
Your First Job
High schoolers determine that they are responsible for paying income taxes through withholdings on earned income. They examine the Form W-4.
Curated OER
Methods of Filing
Students explain the methods of filing tax returns and the advantages of preparing and transmitting tax returns electronically. They identify the return method that is most appropriate for certain taxpayers.
Curated OER
Interest Income
Learners identify taxable interest income, and report taxable and tax-exempt interest income.