Economics – 12/10/2015
I. Bellwork:
- Synthesizing Information R45 1-3 Q&A
II. Objective:
- Given various scenarios distinguish between progressive, regressive, and proportional taxes
- Cite specific textual evidence to support analysis of primary and secondary sources
- Analyze and discuss the merits of various methods in which governments generate revenue on consumption, income and wealth.
III. Notebook Work:
A. Tree Maps
- Pages 251-253
- Describe Flat Tax and list its advantages (3) and disadvantages (3)
- Describe Value Added Tax and list its advantages (4) and disadvantages (3)
IV. Discussion
A. Tennessee firefighters watch as home burns
- Do you believe the firefighters action was justified? Explain.
- Develop some alternative policies in which this situation may be avoided.
V. Classwork
B. ARIZONA PROPOSES MEDICAID FAT FEE– WSJ.COM
- Which principle of taxation does this tax involve?
- Based upon the criteria for effective taxes (p. 232), do you believe the tax will be effective? Why?
VI. Chapter 9.1 & 9.2 iLearn Test – Today -Sunday @ 9:00 pm
Leave a Reply