Taxes Data Crunch
MATH: Income Tax Brackets
In this activity, students will be able to:
- Calculate taxable income and taxes owed for a variety of scenarios using the standard deduction.
- Understand how tax brackets differ from a single tax rate for all income.
- Calculate the effective tax rate and compare it to the marginal tax rate.
Source: NGPF
DATA CRUNCH: How Do Tax Systems Around the World Compare to One Another?
In this activity, students will be able to:
- Compare the tax-to-GDP ratios of different countries using an infographic
- Calculate using ratios
- Consider the potential benefits of high and low tax rates
Source:
DATA CRUNCH: How Do Sales Taxes Compare Among States?
In this activity, students will be able to:
- Analyze a stacked bar graph with the state and local tax rates for each state.
Source: Tax Foundation
DATA CRUNCH: Where Do Our Tax Dollars Go?
In this activity, students will be able to:
- Analyze data on federal spending between 1962 and 2020.
- Compare federal spending on different government programs.
Source: Tax Foundation
DATA CRUNCH: How Old Are Most Taxpayers?
In this activity, students will be able to:
- Analyze a bar graph of the percentage of tax filers in each age group.
Source: irs.gov
DATA CRUNCH: How Much Do You Expect to Get From Your Tax Return?
In this activity, students will be able to:
- Analyze data about consumers’ expectations and plans for their tax returns.
Source: CreditDonkey.com
DATA CRUNCH: What Are The Current Federal Tax Brackets?
In this activity, students will be able to:
- Analyze current tax brackets.
- Consider how income level and marital status impact taxes paid.
Source: US Congress
DATA CRUNCH: When Do People File Their Tax Returns?
In this activity, students will be able to:
- Analyze a histogram of the number of tax filing each week throughout the year.
Source: FiveThirtyEight