Taxes and government vocabulary

Those numbers are almost too The legislative branch of government; elected by the people, also know as Congress responsible for proposing and passing laws. 2. Tax vocabulary: Names & types of US taxes exercise In this online exercise on tax vocabulary in English, you will learn and remember the names (and what they are) of different types of taxes which are used in America (the United States) by the …The tax rates this year have been on a real high and is a record in the last 100 years. Taxes / Taxation Refers to the amount of money paid to the government that is based on income or the cost of goods or services you have bought. There are several different types of tax, for example income tax that is paid on your income, or a duty that is paid on goods that you buy or …j - tax liability. It helps to distinguish between different types of government – not all government is equal. an amount of money that you have to pay to the government that it uses to provide public services and pay for government institutions. The language of taxation runs all over the financial map, describing the wealthy, the disadvantaged, and the ungodly process of paying12/12/2017 · Corporate income taxes, customs duties, and excise taxes are other big sources of cash for the government, as are Social Security and Medicare taxes and borrowing. money that you make from stocks, bonds, real estate, etc. If you choose good words then you get better ideas!Taxes are essential to the operation and function of the federal government, which provides constitutional functions such as maintaining a standing military. This is a great example of how words and ideas connect. . A vocabulary list featuring Tax Day Words. If you do this, you will find that you have more to say by comparing what different type of government can do. Forms of government. a list of deductions from taxable income -->. 3. the amount of tax that you have to pay ->. See more. tax noun. Congressionally mandated programs, which allow for the provision of disaster relief, general health and national human service, education and health programs are accomplished mainly due to federal tax collection. Tax Day, which falls on or just after April 15th, is the second most dreaded day of the year—next to Doomsday. Taxes definition, a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. 1

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