In this engaging educational activity, students will delve into the complexities of the federal income tax system. Students will apply their mathematical skills as they calculate the federal income tax obligations of four individuals, each with different income levels. This exercise provides a practical, hands-on experience in understanding how progressive taxation works. Students will use the progressive tax structure below to calculate the taxes.
After the calculation, they will reflect on the benefits of using progressive tax using a writing activity.
Students will develop the ability to calculate federal income tax based on different income levels and apply the principles of a progressive tax system.
Through reflection, students will analyze and discuss the benefits and rationale of a progressive tax structure, promoting critical thinking and the ability to evaluate tax policies.