Tuesday, September 30, 2014

Calculating Your Pay

EQ - How does the Federal Government spend our tax dollars?
  1. Activator: An aggregate view of federal income tax dollars
  2. Assignment Review
    1. Answer the EQ
    2. Describe your opinion on how our federal income are dispersed.
      1. Do you think the allocation is appropriate? Why or why not?
      2. If you could change anything regarding how tax dollars are spent, what would you change?  Explain.
  3.  Class discussion
EQ - What considerations factor into the calculation of a paycheck?
  1. Activator - KWL Paycheck Withholdings
  2. Paycheck Terminology
    1. Hourly vs. Salary
    2. Defining Pay Periods
    3. Social Security
    4. Medicare
    5. FICA
  3. Getting Paid Math *TPS
  4. KWL Update
  5. TOD - Half sheet summary
    1. Formulate an answer to the EQ

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