Economics – 3/13/17
I. Bellwork:
A. Claim Statement:
Which type of tax (progressive, proportional, or regressive) do you believe is the most equitable way for the government to raise money? Provide support for your claim.
II. Objective:
- Distinguish between the ways in which local, state, and federal governments generate revenue.
- Write arguments to support claims in an analysis of substantive topics or texts, using valid reasoning and relevant and sufficient evidence
- Determine the meaning of words and phrases as they are used in a text
III. Discussion & Notebook Work:
- Federal Revenue Sources (Pie Chart) Additional Info
- Income Tax Video
- State & Local Revenue Sources p 242
- Page 255 Government Revenue Sources
- 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. Classwork
Page 238 Content Vocabulary 15 & Page 245 # 2, 3, 7 Q&A
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