PAYROLL TAX
taxes imposed on employers or employees
income tax
a government-levied percentage on personal or corporate earnings, used to fund public services, infrastructure, and social programs.
sales tax
a consumption tax imposed by governments on the sale of goods
property tax
an ad valorem (based on value) tax levied by local governments—cities, counties
GROSS INCOME
the total amount of money an individual or business earns from all sources before any taxes, deductions, or payroll withholdings are subtracted
NET INCOME
Net income, often called the "bottom line" or net profit, is the total profit a business or individual keeps after subtracting all expenses, taxes, and deductions from total revenue or gross income
FACTOR
a number that divides into another number exactly, without leaving a remainder
x axis
the horizontal line (left-right) on a 2D Cartesian graph or coordinate plane
Y axis
the primary vertical line on a 2D Cartesian coordinate plane, running from bottom to top and perpendicular to the horizontal x-axis