Management – 1/11/18

I.  Bellwork:

Page 288 Answers in Complete sentences 1-3

II.  Objectives:

• Given various scenarios distinguish between progressive, regressive, and proportional taxes
• Identify and classify taxes as progressive, regressive, and proportional according to the methods implemented to generate revenue.
• Analyze and discuss the merits of various methods in which governments generate revenue on consumption, income and wealth.

III.  Discussion:

How Did We Start Paying Income Tax?

Activity 1: Progressive Taxes and You  Show what percentage of each person’s income would go towards tax in a progressive system by completing pie graphs.

Activity 1: Regressive Taxes and You   Show how a $2,000 tax affects the incomes of five citizens.

Activity 1: Proportional Taxes and You Find out how income is affected in a proportional tax system

IV.  Classwork:

A.  Google Classroom – Progressive, Regressive, Proportional Worksheet

B.  Tennessee firefighters watch as home burns

1. Do you believe the firefighters action was justified?  Explain.
2. Develop some alternative policies in which this situation may be avoided

 

 

 

 

MBCC - Business Mgmt 1 F2017