A playful, educational animated video that makes learning about taxes easy and fun for beginners. Students get a grasp on the fundamentals of taxes and take the first steps towards understanding why we pay taxes with this entertaining and informative lesson. This educational video lesson covers the basics of taxes, how taxes help our communities, why we pay taxes, and the importance of taxes, all in a lively and interactive format that beginners will love. Join us on a journey to learn about taxes in a fun and engaging way!
CONCEPTS
Use this video lesson on the topic of an introduction to taxes. Learn basic tax and related concepts of
- Why we pay Taxes
- Sales Tax
- Government Tax Collection
- Public goods and services
GRADE LEVEL
3-8th grades. Elementary School. Middle School.
TIME REQUIRED
45-60 Minutes. It may be necessary to adjust the lesson plan and allocate more or less time to certain topics, depending on the needs and interests of the students.
PROCEDURE
Hand out the worksheet below (see the GET LESSON button near the bottom of the page).
Show students the video and have and have them complete the worksheet. Review the questions on the worksheet. A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.
After watching the video, have students tell what the most important things they learned from the video.
Additional Resources
See our additional resources on taxes:
Lesson Plan: Introduction to Taxes: Making Purchases
Objective:
Students will be able to understand the importance of taxes and how they apply to everyday purchases.
Materials:
• Video of “Introduction to Taxes | Why Do We Pay?” (see above).
• Handout with multiple choice quiz
Introduction (10 minutes):
• Begin the class by introducing the topic of taxes and how they apply to everyday purchases.
• Ask students if they have ever made a purchase and if they were aware that taxes apply to those purchases.
• Show the video “Introduction to Taxes | Why Do We Pay?” and ask students to pay attention to the information provided about taxes and everyday purchases.
Discussion (15 minutes):
• After the video has been shown, lead a class discussion about what students learned from the video.
• Ask questions such as: What are taxes used for? How do we pay taxes on everyday purchases? How does the government use the money from taxes?
• Encourage students to share their own experiences with taxes and how they apply to everyday purchases.
Assessment (15 minutes):
• Distribute the handout with the multiple choice quiz to assess students’ understanding of the material.
• Allow students to complete the quiz individually or in small groups.
• Review the answers as a class, discussing any questions or misconceptions.
Conclusion (5 minutes):
• Summarize the main points of the lesson and emphasize the importance of understanding taxes and how they apply to everyday purchases.
• Encourage students to continue to educate themselves about taxes and how they can be used to benefit the community.
Assignment:
• As an extension activity, ask students to research a local community project that was funded by taxes and present their findings to the class.
Introduction to Taxes
Taxes are a way for the government to collect money from individuals and businesses to pay for public goods and services like roads, schools, and healthcare. An example of a tax is the sales tax, which is a small amount of money added to the price of goods and services you buy, like toys or food. The money collected from sales tax is used by the government to improve the community and provide services for everyone.
Sales tax is a type of tax that is added to the price of goods and services you purchase. It is a way for the government to collect money from individuals and businesses to pay for the provision of public goods and services, such as roads, schools, and healthcare.
In the United States, sales tax is imposed by state and local governments, and the rate of tax can vary depending on where you live. The tax is calculated as a percentage of the purchase price of the item, and the amount of tax you pay will depend on the price of the item and the tax rate in your area.
It is important to note that sales tax is a consumption tax, which means that it is levied on goods and services as they are purchased. This type of tax is considered to be a more fair and efficient form of taxation because it is based on the principle of spending ability. In other words, individuals who can afford to spend more money on goods and services will pay more in sales tax.
Sales tax plays a critical role in financing the provision of public goods and services, and it is an important source of revenue for state and local governments. The money collected from sales tax is used to improve the community and provide services for everyone.
Sales tax is an important form of taxation that plays a vital role in financing public goods and services. It is a type of tax that is levied on the purchase of goods and services, and it helps to ensure that everyone contributes their fair share to the funding of essential services for the benefit of the community.
LESSON WORKSHEET
Worksheet includes multiple choice quiz.
As a teacher, I’m always on the lookout for resources that make learning fun and accessible for my students. This video is an excellent example of how to turn tax season, which can often be dry and uninteresting, into an enjoyable educational experience. The animation is visually appealing and the way the information is presented makes it simple to comprehend. I can’t wait to show this video to my students so they can learn about taxes in a more enjoyable manner!
I just wanted to thank you for creating such an awesome video/lesson on taxes. My 5th grade class was totally engaged and they loved your fun and informative explanations of this sometimes-dull topic. The way you used a real-world example and explained everything so clearly really helped my students grasp the concept of taxes. I can honestly say that they came away with a much deeper understanding and appreciation for how taxes work.
Once again, thank you once again for all your fantastic work! You’ve made my job as a teacher a whole lot easier.