Lesson
Taxes and Regulation
Guiding question
What if the tax or regulation was not there, how would the marketplace look?
In America’s free society, entrepreneurs of many kinds start businesses that create the nation's wealth. The Founders established the federal government in the Constitution, and the American people ratified it to protect the rights and property of its citizens. That meant that national defense, court systems, and political administration all became part of the U.S. government. Therefore, some taxes were necessary to support the limited functions of this new government.
Guiding Questions
- What if the tax or regulation was not there, how would the marketplace look?
- How does the power of government to tax relate to the freedom of action of the citizen?
Objectives
Students will explore the purpose of taxation.
Materials
Lesson Components
Lesson plan
Click a phase to open it
Key Terms
- tax
- redistribution
Standards
Related materials
EssayEssay: Taxes and Regulation
In America’s free society, entrepreneurs of many kinds start businesses that create the nation's wealth. The Founders established the federal government in the Constitution, and the American people ratified it to protect the rights and property of its citizens. That meant that national defense, court systems, and political administration all became part of the U.S. government. Therefore, some taxes were necessary to support the limited functions of this new government.