Budgeting
3 personal expenses included in a budget are
What is health clubs, grooming, medical and health, student loans, clothing?
Uncle Sam represents
What is the United States Federal Government?
Gas tax
What is indirect tax?
The purpose of budgeting is
What is living within your means?
The income before taxes are taken from your paycheck is
What is gross income?
Income Tax
What is Direct Tax?
Step 1 to a budget is
What is calculating your income after taxes?
Payments for the services the government provides are
What are Taxes?
Sales Tax
What is Indirect Tax?
Housing expenses when creating a budget are
What is Rent/Mortgage, taxes, cleaning supplies, maintenance landscaping and furnishings?
Employers withhold a portion of your earnings to pay this income tax
What is withholdings which is a direct tax?
Property Tax
What is direct tax?
The income used in a budget is
What is net income after taxes are taken from your paycheck?
The average percentage of taxes removed from your paycheck are
What is 25% to 30%?
These taxes cannot be shifted to any other person or group?
What is direct tax?