Summary: Students will analyze arguments concerning income and corporate taxes and the impact of national debt. After an extensive overview of federal taxation, students will analyze political cartoons, prioritize criteria for evaluating taxes, and develop and debate arguments for the best application of taxation to the national debt.
Overarching Questions:
- ECONOMICS: What is the proper role of government in the economy? (Especially with regard to economic crises, national defense/security, health and safety of the people, and economic development and practices.)
NJ Student Learning Standards for Social Studies:
- 6.1.12.EconNE.14.a: Use economic indicators to evaluate the effectiveness of state and national fiscal (i.e., government spending and taxation) and monetary (i.e., interest rates) policies.
Link to Lesson: EconEdLink - Taxation and the National Debt