PUBLIC SERVICES ARE PROVIDED BY THE GOVERNMENT THROUGH______
What are TAXES
100
NOT A FIXED PERCENTAGE OF TOTAL INCOME
What is INCOME TAX
100
A FORM USED FOR A TAX RETURN
What is 1040EZ
100
EXAMPLE OF BENEFIT PRINCIPLE AND ABILITY TO PAY PRINCIPLE
What is TOLLS AND FEDERAL INCOME TAX
200
A SHARE OF WORKERS' MONEY THAT IS PAID TO THE GOVERNMENT BY THEIR EMPLOYERS
What are PAYROLL TAXES
200
THE MONEY THE GOVERNMENT TAKES IN TO PAY FOR PUBLIC SERVICES
What is REVENUE
200
THE LAW THAT REQUIRES WORKERS TO CONTRIBUTE TO MEDICARE AND SOCIAL SECURITY
What is FICA
200
A MORE COMPLICATED FORM THAT ALLOWS FOR DEDUCTIONS
What is FORM 1040
200
3 CLASSIFICATIONS OF TAXES
What is PROGRESSIVE, REGRESSIVE, AND PROPORTIONAL
300
THE DEDUCTION FROM A PERSONS ADJUSTED GROSS INCOME FOR THEM OR QUALIFYING OTHERS
What is EXEMPTION
300
HOW THE GOVERNMENT PAYS FOR SERVICES
What is RAISE THE MONEY
300
WHEN YOUR EMPLOYER COLLECTS PAYROLL TAXES
What is WITHHOLDING
300
2 SOURCES OF INFORMATION FOR YOUR TAX RETURN
What is W-2 AND 1099-INT
300
3 WAYS TAXES ARE COLLECTED
What is DIRECT, INDIRECT, AND PAY AS YOU EARN
400
EXPENSE YOU CAN SUBTRACT FROM YOUR ADJUSTED GROSS INCOME TO FIGURE OUT YOUR TAXABLE INCOME
What is TAX DEDUCTION
400
7 SERVICES PROVIDED BY THE GOVERNMENT
What are PUBLIC SAFETY, PUBLIC TRANSIT, PUBLIC EDUCATION, POSTAL SERVICE, PARKS AND RECREATION, WELFARE, COURT SYSTEM
400
YOUR GROSS INCOME, THE NUMBER OF PEOPLE YOU SUPPORT, AND EXPENSES YOU PAY DETERMINE THIS
What is THE AMOUNT OF INCOME TAX YOU OWE
400
3 THINGS THAT ARE INCLUDED IN INCOME FOR TAX PURPOSES
What is WAGES, TIPS, INTEREST
400
IF YOU USE A GOOD OR SERVICE THAT IS PROVIDED BY THE GOVERNMENT SHOULD PAY FOR IT
What is BENEFIT PRINCIPLE
500
TAX ON PROPERTY THAT IS TRANSFERED FROM ONE PERSON TO THE OTHER
What is ESTATE TAX
500
THE NUMBER OF HOURS DURING AN 8 HOUR WORKDAY, THAT GOES TO TAXES
What is 3 HOURS
500
THE LARGER AMOUNT OF ___ = THE SMALLER AMOUNT OF ____
What is ALLOWANCES, WITHHOLDINGS
500
5 REQUIREMENTS FOR FORM 1040EZ
What is SINGLE OR MARRIED FILLING JOINTLY WITH SPOUSE, NO DEPENDENTS, YOU AND SPOUSE ARE UNDER 65 YEARS OF AGE, NEITHER IS BLIND, HAVE A TAXABLE INCOME OF LESS THAN $50,000, INTEREST EARNED IS LESS THAN $400
500
IF YOU HAVE A LARGER INCOME YOU SHOULD PAY A LARGER SHARE OF WHAT YOU RECIEVE