Objective
Teachers will be able to:
- Describe and analyze the impact of taxation and how it relates to the national debt.
- Evaluate the potential implications of fiscal policy related to COVID-19.
Standards
Concepts
In this economics webinar, we will use media resources to help us answer important questions about policy, debt and recessions.
Description
Will a payroll tax cut help stave off a recession, or will it plunge the country further into debt? What are the most rational economic policies for mitigating the impact of the Coronavirus? This webinar will provide teachers with an interactive overview of our progressive tax system, and how taxation is related to the national debt. Participants will investigate recent decisions by the federal government in response to COVID-19, and the potential short and long term implications.