Economics

Unit 2 | Topic 8.1 | Understanding Taxes

What are the features of a tax system?

Objectives

• Identify the sources of the government’s authority to tax in the U.S. Constitution.

• Describe types of tax bases and tax structures.

• Identify who bears the burden of a tax.

• Describe the key characteristics of a tax.

Procedure

1. Review the Aim and notes from your initial text read.

2. Participate in the corresponding lesson topic presentation, revising notes.

3. Watch corresponding video(s); further revising notes.

4. Complete teacher instructed assignments.

Extension

• Prepare for your next class session by reading the next topic section in your text, recording alphanumeric/Cornell notes.

• Complete the next topic's Interactive Reading Notepad.