It is argued by some that in secondary school, there is a necessity of teaching taxes, while others say that it is pointless and extra use of school period. While teaching taxes is a great way to inform students about how states keep balance, I believe that academic lessons are much more essential, as students will learn about taxes later in life.
Introduction of tax education would be useful in understanding of money flow in governments, and it would give pupils general idea of how tax money benefits population. This is important because, students with comprehensive knowledge of taxes will be able to save and manage their income properly, while also be aware of how their money maintains and serves theirs’, as well as the whole societies’ well-being. For example, Robert Kiosaki, a well-known investor and businessmen, points out in almost all his speeches that how the significance of tax education helped him to acquire financial freedom.
On the other hand, special lessons for taxes may be unnecessary and time consuming, since students will eventually learn taxes when they get into workforce and limited school time with tax study included may not be enough to cover academic topics. As governments tax people through their incomes, it is unavoidable to have zero knowledge about taxes. Furthermore, there will be limited time for teaching lessons, such as math, physics, biology etc., that are in fact more important for future careers. For instance, a majority of individuals I met in workplaces admit that they researched taxes after their very first payout, whilst in many industries, employers favor professionals who know how the job done, rather than with knowledge of taxes.
In conclusion, although tax education helps students to grasp the fundamentals of cash flow and understand the importance for population, it reduces chances of getting reasonable hours for necessary studies and will most probably be learned through employment.
