Economics – 12/04/19

I. Bellwork

  • Synthesizing Information R45 1-3 Q&A (At the end of the book)

II. Objectives

  • Explain the ways in which local, state, and federal governments generate revenue.
  • Given various scenarios distinguish between progressive, regressive, and proportional taxes

 III. Classwork

A.  ARIZONA PROPOSES MEDICAID FAT FEE– WSJ.COM

  1. Which principle of taxation does this tax involve? Explain
  2. Based upon the criteria for effective taxes (p. 232), do you believe the tax will be effective? Explain why.

B. Page 245 # 2, 3, 7 Q&A

IV. Chapter 9 Exam

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