Taxes: Crash Course Economics Video Analysis with Key- This is a 10 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 32 questions based on The Crash Course Economics video: Taxes.
This assignment will ask students to go to YouTube and watch the Crash Course video: Taxes. The video will first introduce students to the basic function of taxes: They raise money for government services, they are used to promote the well-being of society, and they help us afford services that markets might not pay for on their own. The public services taxes provide are reviewed as are the ways taxes redistribute wealth from the rich to the poor. Luxury taxes, sales taxes,and carbon taxes are all covered and students will learn how governments use taxes to alter people's behaviors (sin taxes on cigarettes, carbon tax on gasoline). The three basic forms of taxes are then reviewed and explained: regressive taxes (sales tax), progressive taxes (income tax), and proportional taxes (flat taxes). Economic debates surrounding all three forms of taxation are introduced and students will see the pros and cons for each. The video the examines the dangers of poor taxation policies. The history behind the American Revolution and the Indian Salt March of 1930 are both explained as being reactions to poor tax policies. The video concludes by reminding students that even though we don't like paying taxes, they do provide the services that markets will not.
This video analysis can be easily used as an introduction to the topic, a study guide, or a quick and easy sub plan. Students love the independence of this assignment by getting to use laptops, Chromebooks, or even their own cellphones to watch the video. Crash Course videos tend to move fast so students often find success if they watch the video through once before going back to pause/play to find the answers to all of the questions.