ECONOMICS: April 6 Warm-up

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ECONOMICS: April 6 Warm-up Which type of taxation would you prefer? Why? --Review video: Taxation Purpose & Types of Taxation Ch. 14, Lessons 1 & 2 Lecture Guide: Taxes (HO from earlier) Economics Learning Target In order to understand how the federal government collects revenue, I will analyze the sources of federal government revenue. I will know I have it when I can list, explain, and place in rank order the major sources of federal government revenue. --collecting taxes -individual income -corporate income -Social Security -miscellaneous taxes (excise taxes, estate taxes, gift taxes, customs duties) Assignment read Ch. 14, Lesson 2 (pp. 412-413 and 416-422)

Chapter 14, Lesson 2 (Day 1) Source: U.S. Bureau of Economic Analysis What do you see? What do you think about that? What does it make you wonder? I see . . . . I think . . . . I wonder . . . . Going forward 100% of lessons at Madison should include a learning goal that addresses the why, what, and how. Why are we learning this? In order to… What will I do? I will… How will I show you that I have learned it? I will know I have it when… Student learners should know what the goal is every day. Remember, a learning goal should be more than something just written down on the board. Learning Target In order to understand how the federal government collects revenue, I will analyze the sources of federal government revenue. I will know I have it when I can list, explain, and place in rank order the major sources of federal government revenue.