The various tax memes floating around social media are laugh-out-loud funny! Maybe you've seen one that says, "So glad I learned about parallelograms instead of taxes in school since it'll really come in handy this parallelogram season!" Or perhaps the one that goes, "Just did my own taxes and I should be in jail by Monday." While these memes certainly make exploring taxes entertaining and enlightening, they sure don't help us understand taxes any better. That's exactly what this week's episode of FinCap Friday will do for your students. Get ready to cover the basics of taxes and why we pay them below:

To learn more, check out this recent article from US News about the different levels of government that can collect taxes from us.

Click here to access the Kahoot quiz and discussion prompt. If you're short on time, try our simplified No Tech version containing embedded questions right in the slide deck! You might even prefer to embed the quiz questions into the video with this Edpuzzle video!

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Check out all of our FinCap Friday episodes here. They're not date-dependent so you have nearly 200+ videos and topics to choose from throughout the coming year!

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!