Characters
Terms 1
Terms 2
Acronyms/Fill in the Blanks
True or False
100

This person thinks before she acts.

Who is Jessica B. Wealthy?

100

A tax imposed on wages paid to employee and paid by employers in connection to employing workers. This tax is used to fund a federal system of health insurance.

What is Medicare Tax?

100

Deductions withheld from employees' wages and taxes paid by employers, based on the wages paid to employees.

What are payroll taxes?

100

FICA  is an acronym for 

What is Federal Insurance Contribution Act?

100

Federal agencies are the only agencies that allocate tax dollars for social services.

What is False?

200

This person is passionate about their clients.

Who is Who Knows?

200

Is a payroll tax imposed by the United States on employees and employers to fund Social Security and Medicare programs.

What is Federal Insurance Contribution Act Tax (FICA)?

200

A tax imposed in the United States by the state government on taxable income.

What is state income tax?

200

FUTA  is an acronym for 

Federal Unemployment Tax Act?

200

Taxes represent some financial costs in the business-making process.

What is true?

300

This person is a competent professional.

Who is Who Knows?

300

A method by which the government finances certain social services by imposing charges on its citizens and corporate entities.

What is Taxation?

300

An tax employer tax imposed by federal law that helps fund state workforce agencies.

What is Federal Unemployment Tax Act (FUTA)?

300

SUTA  is an acronym for 

What is the State Unemployment Tax Authority?

300

The tax enacted in 1984, was held to be constitutional by the U.S. Supreme Court.

What is false?

400

This person said, Knowledge - "The whole is greater than the sum of its parts."

Who was Aristotle?

400

Taxes paid by employers from their own funds in connection to employing workers.

What is employer taxes?

400

A tax imposed in the United States by the federal government on taxable income.

What is federal income tax?

400

__________was the year in which the first income tax was imposed on individuals.

Who was 1861?

400

Payroll, property, and sales and use taxes are common to businesses.

What is true?

500

This person methods are quick, easy, and cheap.

Who is D. Hookup?

500

Typically, a fixed payment paid by an employer to an employee who is compensated on an hourly basis.

What is wages?

500

Allows the U.S. Congress to impose an income tax without dividing it among the states or basing it on the U.S. Census.

What is the Sixteenth Amendment?

500

The sixteenth Amendment was adopted in _________.

What was 1909?

500

In theory, our tax system is based on one's ability to pay.

What is true?