Money Basics · Episode 07
What Are Taxes?
A village needs a bridge. Who pays for it? The story of how money comes together to build the world around us.
07Coming soon
Ages 5–12 · Made for Kids
What they’ll learn
Three things they’ll come away with.
- That taxes are the way everyone contributes to a shared pot, and the pot pays for things one person couldn't buy alone.
- What taxes pay for: schools, hospitals, roads, parks, fire engines, and a lot more.
- That different people have different opinions about taxes, and that's a normal, healthy part of how communities work.
Talk about it
Open questions that work.
- “If you and 9 friends each put 1 coin in a pot, what could you buy together that you couldn't buy alone?”
- “What's the most important thing taxes pay for, do you think?”
- “What would the world look like if there were no taxes at all?”
Try one thing this week
Pick one small thing.
Next time you get a shop receipt, look at the bottom together. Some receipts show a line for VAT; that's a tax that's already built into the price of (almost) everything you buy, even when it isn't printed separately. Make it a little hunt: see how many receipts you can spot it on this week.
Resources for this episode
Resources made for this episode.
A note for grown-ups
More learning resources are available on the shop page.
That’s the series
You made it to the end of Money Basics.
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