U.S. Income Inequality: It's Not so Bad
U.S. Income Inequality: It's Not so Bad
Description:
In this lesson, students learn about the redistribution of wealth through taxation. They will use different household scenarios to examine the ability-to-pay principle of taxation, and analyze the household scenarios using the progressive tax system. They will re-examine the same scenarios using a flat tax, to compare the two tax systems.
Education Levels:
9, 10, 11, 12
Subject:
Economics, Applied Mathematics, Civics
Resource Type:
Lesson plan
Fee Status:
Free
Online provider:
Federal Reserve Bank of St. Louis
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