Friday, September 23, 2016

Gross Pay vs. Net Pay

EQ - What is the difference between gross and net pay?
  1. Activator - Survey
  2. Access your laptop.
  3. Log in and visit the class website
  4. Actively Read - "Open Ended Response"
    1. Open Ended Response
      1. Preview the question
      2. Read the article
    2. Class discussion
  5. Identifying Key Vocabulary
    1. Gross Pay, Net Pay, Wages, Taxes, Deductions
  6. Previewing a Paystub - Click Here
  7. How are these taxes used?
  8. TOD - Knowing the effect of deductions from your paycheck, how might this impact you when you begin financial planning using SMART Goals?

IF TIME PERMITS
EQ - Where do my federal tax dollars go?
  1. Activator - KWL:  What do you know about your federal tax dollars?
  2. How are these taxes used? Where Did My Tax Dollars Go 
  3. Partnership Activity
    1. Choose one category where tax dollars are allocated
    2. Create a poster to illustrate the components of your category
    3. Share with the class
  4. Assignment
    1. Compose a response to answer the EQs
      1. Access Google Drive
      2. Create a new document
      3. Describe your opinion on how our federal income taxes are dispersed.
      4. Do you think the allocation is appropriate? Why or why not?
      5. If you could change anything regarding how tax dollars are spent, what would you change?  Explain.
      6. Submit to Schoology

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