Because many of your older students are probably getting their first jobs, it could be an appropriate time to discuss taxes. This presentation defines deductions, types of taxes, purposes of paying taxes, and the forms required to file...

What exactly is the fiscal cliff? What are the effects of changing income tax rates and payroll tax rates? Your learners will begin by reading news articles and examining graphs illustrating the "Bush tax cuts" of 2001 and 2003. They...

Students explain the history of the Social Security Act and the FICA tax. They describe what Social Security is and whom it is intended to help. They explain the purpose of the FICA tax.

Students simulate creating and calculating employees payrolls using hourly wages, deductions, and proper taxes.

In this economics worksheet, students answer questions relating to consumption, investment, and expenditures in a model of a closed economy.  The eight page worksheet contains forty multiple choice questions.  Answers are not...

Students review a pay stub from a sample paycheck to understand the real-world effect of taxes and deductions on the amount of money they take home.