Term
|
Definition
| higher one's income, the higher the tax. |
|
|
Term
|
Definition
| A declaration of taxable income and of the exemptions and deductions claimed. |
|
|
Term
|
Definition
| a tax imposed on nearly all employers adn their employeers, and on self-employed persons- the amounts owed by employees withhelf from their paychecks. |
|
|
Term
|
Definition
| a tax levied at a flat rate, without regard to teh level of a taxpayer's income or ability to pay them |
|
|
Term
|
Definition
| A tax laid on the manufacture, slae or comsumptions of goods and or the performance of services. |
|
|
Term
|
Definition
| a levy imposed on the assets of one who dies. |
|
|
Term
|
Definition
| a tax on a gift by a living person |
|
|
Term
|
Definition
| a tax laid on goods brought into teh United States form abroad, also known as tariffs, import duties, or imposts. |
|
|
Term
|
Definition
| a charge for borrowed money, generally a percentage of the amount borrowed. |
|
|
Term
|
Definition
| the yearly shortfall between revenue and spending |
|
|
Term
|
Definition
| more income then spending |
|
|
Term
|
Definition
| all of the money borrowed by the governmetn and not yet repaid, phys the accrued interest on that money; also called the national debt or federal debt. |
|
|
Term
|
Definition
| a benefit that federal law says must be paid to all those who meet the eligibility requiremtns... Medicare, food stamps, and veterans' pension. |
|
|
Term
|
Definition
| an amount decided upon by the Congress and the President to determine how much will be spent each year on many individual goernmetn expenditures, including envirionment protection programs, aid to education, and so on. |
|
|
Term
|
Definition
| Spending that Congress and the President have no power to change directly. |
|
|
Term
|
Definition
| a measure which allows agencies to continue working based on the previous year's appropriations. |
|
|
