Tax WORKSHEET 1

Tax Worksheet 1: Understanding tax and public services

Help students build a strong foundation in financial citizenship with this practical worksheet from the Tax book in the Marshmallow Money series.

This first worksheet helps learners understand what tax is, why governments collect it, and how tax supports public goods and essential services in society. Through matching activities, scenarios, reflection questions, and economic concepts, students begin to see tax as more than money being taken—it’s part of how communities function.

Students will explore:

• What tax is and where tax revenue comes from
• How taxes fund public goods and public services
• The difference between public and private goods
• The concept of the social contract
• Why trust and fairness matter in a tax system
• Common types of tax, including income tax, GST, and company tax

Includes:

• Student worksheet activities and reflection questions
• Teacher solutions and assessment guidance
• Ideal for classroom learning, economics, business, civics, financial literacy, or homeschool use

Designed to be used alongside Tax from the Marshmallow Money book series.

Format: Digital PDF download