basics of taxes
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| community | group of ppl wit common interests n concern for the common good
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| earned income | money earned from working for pay
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| excise tax | taxes collected from the seller or retailer and as such often remain "hidden" in the price of a product or service , rather than being listed separately
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| income tax | tax on earned and unearned income
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| payroll tax | tax on earned income
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| property tax | tax on property, such as land, buildings, automobles
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| sales tax | tax on purchased goods and services
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| taxes | sum of money demanding by a gov. to support the gov itself as well as specific facilities or services
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| taxpayer | person who pays a tax to national, state, county or municipal gov.
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| unearned income | income received from sources other than employment
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