2/3/20 - Day 19 - Intro to Taxes

Bellwork:

1. Go to EdPuzzle using THIS link, you will need this for the next few unites. 
2. What do you think were the top 3 expenses the government paid for with our tax dollars in 2018?  Be ready to discuss!

Objectives:

• Explain where income taxes are collected from and how they provide revenue for public expenses
• Read a pay stub and describe the different deductions

Agenda:

1. Tax Dollars- where do they go?
• Interactive calculator
2. If Paychecks Could Talk
• What does FICA consist of?
• What are some examples of government discretionary spending?
• What are some examples of benefits we receive as a result of government spending?
3. How to Read a Paystub
• Check for Understanding