The political party that would like to see the Bush tax cuts extended for all income levels
What is the republicans
100
money taken out of your paycheck to prepay your federal income tax and social insurance taxes
What is withholding
100
The statement of interest your bank paid on your savings and investments
What is a 1099 INT
100
Property taxes go towards local, state, or the federal government
What is local government
100
Social Security taxes are taken out of your
What is paycheck
200
The political party that would like to see the Bush tax cuts extended for the middle and lower class income earners but not the high income earners
What is the democrat party
200
Your salary before taxes is taken out is called your gross pay. Your salary after taxes is taken out is called your __________________
What is net pay
200
If you donate money to charity, it is considered a
What is deduction
200
Property taxes in surrounding areas of Hersey high school are low, medium, or high.
What is high
200
The tax that pays for people above 65's medical benefits
What is medicare
300
The date that the Bush tax cuts are set to expire
What is December 31, 2010
300
The form that you receive from your employer in the month of January that reports how much income you received and how much taxes you paid during the previous year.
What is a W2
300
Alcohol and cigarettes are taxed especially high because they have a special tax called
What is an excise tax(or sin tax)
300
Property taxes are the same for all homes in the state of Illinois.
What is false
300
Social security tax is more expensive now because there are more......
What is people above the age of 65.
400
The Democratic party claims that extending the Bush tax cuts for the top income earners will add to the..........
What is the deficit
400
Tax form prepared by an employee for an employer indicating the employee's exemptions.
What is a W4
400
A person other than the taxpayer or spouse who relies on the taxpayer for shelter, food, etc.
What is a dependent
400
Property taxes is paid this many times per year.
What is one.
400
Now there are 2 workers for every social security recipient....in 1940, there were ___________ workers for every social security recipient.
What is 159
500
President Obama wants to raise taxes on those making above ______________
What is $250,000
500
The tax form that most young people fill out when they file their taxes
What is a 1040EZ
500
When you are self employed, you must pay your taxes this many times per year
What is 4
500
The number one indicator of property value is _____________
What is high school test scores
500
The flat tax rate of Social Security is ...........